NOT LISTED FOR SALE

406 Madison St Unit 3R Hoboken, NJ 07030

Estimated Value: $663,424 - $737,000

2 Beds
2 Baths
840 Sq Ft
$267/mo HOA Fee

Last Sold January 24, 2023

Last sale price $619,900 $738 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,473/month

92 Days on Market

Highlights

  • Wood Flooring
  • Marble Countertops
  • Crown Molding
  • Hoboken High School Rated A-
  • Eat-In Kitchen
  • 2-minute walk to Madison Park

About This Home

As of January 2023

This designer unit features custom finishes including luxury vinyl floors, Bloomberg kitchen appliances, garbage disposal, under cabinet lighting, in-unit washer/dryer, heated Carrara marble bathroom floor, and marble bathroom tile in both bathrooms. You will love the oversized bedrooms and walk-in closet. No detail has been spared in this meticulously redone condo.

Last Agent to Sell the Property

Roman Balandin

Roman Balandin Realty LLC License #1008501 Listed on: 09/18/2022

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,043

HOA Fees

  • $267 Monthly HOA Fees

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • French Doors
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Portable Range
  • Microwave
  • Dishwasher
  • Marble Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Location

  • Upper Level

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-00058-0000-00022-0000-C003R

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,043

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inclusions: Washer, Counter Top Range, Dishwasher, Dryer, Microwave, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Dec Molding, Laundry Tub, Sliding Door, Recessed Lighting
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Laundry Tub: Yes
  • Living Room Sliding Door2: Yes
  • Included Counter Top Range: Yes
  • Foyer Dec Molding2: Yes
  • Kitchen Marble4: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 267.07
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 05-00058-0000-00022-0000-C003R

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3043.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2022
Closed on
Jan 19, 2023
Sold by
Vessel Holdings Llc
Bought by
Engelhardt Rachael
Seller's Agent
Roman Balandin
Roman Balandin Realty LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$650,000
Sold Price
$619,900
Premium/Discount to List
-$30,100
-4.63%
Total Days on Market
92
Views
71
Current Estimated Value
$691,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,206
Avg. Annual Appreciation
4.67%
Original Mortgage
$400,000
Outstanding Balance
$389,462
Interest Rate
6.25%
Mortgage Type
Construction
Estimated Equity
$301,644

Purchase Details

Closed on
May 16, 2022
Sold by
Chen Barshai
Bought by
Vessel Holdings Llc
Source: Public Records

Similar Homes in the area

  • 700 Grove St Unit 8E, Jersey City, NJ 07310

    $799,000

    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 700 Grove St
    • Unit 8E
    • Jersey City, NJ

    Sun-Drenched & Spectacular! Spacious 2BR/2BA at Coveted 700 Grove Step into luxury with this stunning west-facing, sun-soaked 2BR/2BA (1BR + den) home, boasting 1,296 SqFt of open-concept living and dining space. Nestled in the highly desirable 700 Grove, a premier steel-and-concrete building, this unit is an entertainer’s dream! The open chef’s kitchen is a showstopper—featuring upgraded

    Linda Tom BROWN HARRIS STEVENS NEW JERSEY

    Section Image
  • 323 Jackson St Unit 602, Hoboken, NJ 07030

    $650,000

    • 2 Beds
    • 2 Baths
    • 973 Sq Ft
    • 323 Jackson St
    • Unit 602
    • Hoboken, NJ

    **Bright & Stylish 2-Bed, 2-Bath Condo with City Views and Deeded Garage Parking** This beautifully maintained 2-bedroom, 2-bath condo offers the perfect blend of comfort and convenience. Enjoy hardwood floors throughout, a spacious open layout, and large windows that flood the space with natural light and showcase stunning city views — including seasonal fireworks over the Hudson River. The

    HAJRA CHOUDHRY COLDWELL BANKER RESIDENTIAL BROKERAGE

    Section Image
  • 303 Monroe St Unit 1, Hoboken, NJ 07030

    $845,000

    • 2 Beds
    • 2 Baths
    • 1,165 Sq Ft
    • 303 Monroe St
    • Unit 1
    • Hoboken, NJ

    Welcome to 303 Monroe St #1 in the vibrant city of Hoboken, New Jersey! This stunning 2-bedroom, 2-bathroom residence offers a generous 1165 square feet of living space, perfect for those seeking comfort and style. What truly sets this property apart is its private backyard. all while being just steps away from Hoboken’s renowned restaurants, shops, and scenic waterfront views. The open floor

    Bruno Mele LIBERTY REALTY LLC

    Section Image
  • 531 Madison St Unit 2, Hoboken, NJ 07030

    $619,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 531 Madison St
    • Unit 2
    • Hoboken, NJ

    Discover this beautifully renovated two-bedroom, one-bathroom condo in the vibrant heart of Hoboken. This charming home offers a well-designed layout featuring an eat-in kitchen, a dedicated dining area, and a separate living room, providing both comfort and functionality. Located just minutes from Hoboken’s top restaurants, bars, and shops, you'll have the best of city living right at your

    ALEXANDRA BUONINCONTRI EXP REALTY LLC

    Section Image
  • 508 Grand St Unit 1L, Hoboken, NJ 07030

    $659,000

    • 2 Beds
    • 1.5 Baths
    • 729 Sq Ft
    • 508 Grand St
    • Unit 1L
    • Hoboken, NJ

    Experience the best of Hoboken living in this 2-bedroom / 1.5-bath condo unit in a classic, charming brick building! Beautiful hardwood floors run throughout the unit, creating a warm and inviting space. The interior also features exposed brick accents in the living room and one of the bedrooms. Kitchen is equipped with stainless steel appliances, granite countertops, a breakfast bar, beautiful

    Erin Downs LIFESTYLE INTERNATIONAL REALTY LLC

    Section Image
  • 218 Jackson St Unit 7, Hoboken, NJ 07030

    $825,000

    • 3 Beds
    • 2 Baths
    • 1,336 Sq Ft
    • 218 Jackson St
    • Unit 7
    • Hoboken, NJ

    Spacious 1,336 Sq. Ft. 3-Bedroom, 2-Bath Condo at Gramercy North, Hoboken Discover urban elegance in this stunning penthouse-level condo at 218 Jackson St., boasting exclusive roof rights and no neighbors above. This 1,336 sq. ft. residence features an open-concept eat-in kitchen and dining area, perfect for entertaining. Enjoy in-unit washer/dryer, central heat and AC, and gleaming hardwood

    Basil Skaltsis CORPORATE REALTY

    Section Image
  • 215 Clinton St Unit 2L, Hoboken, NJ 07030

    $550,000

    • 1 Bed
    • 1 Bath
    • 607 Sq Ft
    • 215 Clinton St
    • Unit 2L
    • Hoboken, NJ

    Location! Location! Location! Calling all discerning OUTDOOR LOVERS to come and visit this astonishing ONE bedroom residence featuring its attractive and spacious terrace right off the living room, from sunrise to sunset exposures , high ceilings, beautiful hardwood floors, modern kitchen and bath, washer & dryer in home, central heat and air . Public parking garages nearby for an additional

    Pamela Mcauley PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 519 Willow Ave Unit 3, Hoboken, NJ 07030

    $535,000

    • 2 Beds
    • 1 Bath
    • 519 Willow Ave
    • Unit 3
    • Hoboken, NJ

    Centrally located in the heart of midtown Hoboken at 5th & Willow, this well-maintained 2-bedroom 1 bath home offers charm, convenience, and modern updates. This bright and inviting space is perfect for city living. It features recently refinished hardwood floors, high ceilings, and an updated kitchen with stainless steel appliances. The bedrooms are at either end of the home for extra privacy.

    Jill Biggs Coldwell Banker, Hoboken

    Section Image
See All Homes in Hoboken

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Engelhardt Rachael $619,900 Main Street Title & Settlement
Vessel Holdings Llc $300,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelhardt Rachael $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $619,900 0.0% $738 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/16/2022 11/16/22 Price Changed $619,900 -3.1% $738 / Sq Ft
10/19/2022 10/19/22 Price Changed $639,900 -1.6% $762 / Sq Ft
09/18/2022 09/18/22 For Sale $650,000 -- $774 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $3,913 $408,400 $82,000 $326,400
2023 $3,913 $240,200 $82,000 $158,200
2022 $3,045 $190,200 $82,000 $108,200
2021 $3,043 $190,200 $82,000 $108,200
2020 $3,064 $190,200 $82,000 $108,200
2019 $3,041 $190,200 $82,000 $108,200
Source: Public Records

Agents Affiliated with this Home

  • Roman Balandin

    Seller's Agent in 2023

    Roman Balandin

    Roman Balandin Realty LLC

    (732) 786-3838

    4 in this area

    433 Total Sales

    Roman Balandin
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2023

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22228896

MOREMLS (Monmouth Ocean Regional REALTORS®)

New Jersey Hudson County Hoboken 07030

406 Madison St Unit 3R, Hoboken, NJ

This home is located at 406 Madison St Unit 3R, Hoboken, NJ 07030 since 18 September 2022 and is currently estimated at $691,106, approximately $822 per square foot. 406 Madison St Unit 3R is a home located in Hudson County with nearby schools including Hoboken High School, Hoboken Dual Language Charter School, and Mustard Seed School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes