NOT LISTED FOR SALE

40 Park Ln Madison, NJ 07940

Estimated Value: $1,950,000 - $2,625,000

5 Beds
4 Baths
4,225 Sq Ft
$551/Sq Ft Est. Value

Last Sold January 03, 2013

Last sale price $1,469,500 $348 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $14,736/month

About This Home

As of January 2013

This home is located at 40 Park Ln, Madison, NJ 07940 since 03 January 2013 and is currently estimated at $2,328,077, approximately $551 per square foot. 40 Park Ln is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

KATHLEEN BOYD

KL SOTHEBY'S INT'L. REALTY Listed on: 01/03/2013

Last Buyer's Agent

Susan Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,921

Lot Details

  • 0.47 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,921

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 40
  • I D: 4214963
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 128X159 AV
  • Total Acres: 0.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2013
Closed on
Dec 18, 2012
Sold by
Mccarthy John M and Mccarthy Roxanne M
Bought by
Aiello John F and Aiello Allyson R
Seller's Agent
KATHLEEN BOYD
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Sold Price
$1,469,500
Current Estimated Value
$2,307,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,596
Avg. Annual Appreciation
3.63%
Original Mortgage
$1,175,600
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2001
Sold by
Clancey William R and Clancey Rosemary L
Bought by
Mccarthy John M and Mccarthy Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
7.5%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aiello John F $1,469,500 Old Republic National Title
Mccarthy John M $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiello John F $138,200
Closed Aiello John F $138,200
Open Aiello John F $992,000
Closed Aiello John F $1,175,600
Previous Owner Mccarthy John $1,300,000
Previous Owner Mccarthy John M $100,000
Previous Owner Mccarthy John $1,000,000
Previous Owner Mccarthy John $300,000
Previous Owner Mccarthy John M $296,000
Previous Owner Mccarthy John M $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2013 01/03/13 Sold $1,469,500 -- $348 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29,921 $1,453,200 $685,000 $768,200
2023 $29,921 $1,453,200 $685,000 $768,200
2022 $29,442 $1,453,200 $685,000 $768,200
2021 $29,442 $1,453,200 $685,000 $768,200
2020 $29,137 $1,453,200 $685,000 $768,200
2019 $28,672 $1,453,200 $685,000 $768,200
2018 $27,945 $1,453,200 $685,000 $768,200
2017 $27,727 $1,453,200 $685,000 $768,200
2016 $25,290 $1,348,800 $685,000 $663,800
2015 $24,818 $1,348,800 $685,000 $663,800
2014 $23,982 $1,348,800 $685,000 $663,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    KATHLEEN BOYD

    KL SOTHEBY'S INT'L. REALTY

  • Susan Oldendorp

    Buyer's Agent in 2013

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    146 in this area

    531 Total Sales

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Map

Source: Garden State MLS

MLS Number: 2924044

Garden State MLS

APN: 17-04601-0000-00014

New Jersey Morris County Madison 07940

40 Park Ln, Madison, NJ

This home is located at 40 Park Ln, Madison, NJ 07940 since 03 January 2013 and is currently estimated at $2,328,077, approximately $551 per square foot. 40 Park Ln is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

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