NOT LISTED FOR SALE

42 Sherwood Ave Madison, NJ 07940

Estimated Value: $993,000 - $1,290,000

4 Beds
2 Baths
2,006 Sq Ft
$578/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $726,000 $362 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,386/month

9 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Formal Dining Room
  • Central Avenue School Rated A-
  • Workshop
  • Thermal Windows

About This Home

As of November 2016

Deceptive Cape, larger than it looks. Nicely updated Kitchen open to large Family Room. Woodburning fireplace, 2-zone central air. Attached 2-car Garage! Fully-fenced rear yard, Hardiplank siding. The Knollwood neighborhood is well-known and highly prized for its super-convenient location: close to all schools, village shops and NYC Midtown Direct train. Not to mention parks, playing fields, pool and wintertime ice skating. This fine home is notable for the open concept Kitchen and Family Room, with adjacent Screen Porch. The rear yard is attractively fenced, making it perfect for pets or secure play area. And, as Knollwood yards go, it is larger than most, and particularly inviting recreation and gardening space.

Last Agent to Sell the Property

Donald R. Marcy

COLDWELL BANKER REALTY Listed on: 07/13/2016

COLDWELL BANKER REALTY

Last Buyer's Agent

SHARON HUGHES

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,257

Year Built

  • Built in 1953

Lot Details

  • 0.33 Acre Lot
  • Privacy Fence
  • Level Lot
  • Open Lot
  • Property is zoned R-3 Resid.

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Siding
  • Composite Building Materials
  • Clapboard

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Zoned Heating and Cooling
  • Ductless Heating Or Cooling System
  • Radiator
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-00901-0000-00035-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,257

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1953
  • County Name: Morris
  • Exclusions: Washer, Dryer, Refrigerator, Upper hall light fixture, Bsmt workbench
  • Renovated Year: 2005
  • Street Number Display: 42
  • Directions: Rt 124 (Main Street) to Rosedale Avenue, pass Park, Pool & Playing fields. Sherwood Avenue is on the left.
  • I D: 4642253
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Knollwood
  • First Name: DONALD R
  • First Name3: SHARON
  • Last Name: MARCY
  • Last Name3: HUGHES
  • Office Phone3: 973-543-6511
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: Bar-Dry, TubShowr, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Basement Level Rooms: Storage Room, Laundry Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 13x12
  • Kitchen Level: First
  • Living Room Dim: 18x13
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Dim: 11x08
  • Other Room1 Level: First
  • Other Room2 Dim: 11x07
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Dim: 06x05
  • Other Room3 Level: First
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Family Room, Kitchen, Screened, Dining Room, Living Room, Bath Main
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Composition Siding, Clapboard
  • Exterior Features: Thermal Windows/Doors, Patio, Curbs, Enclosed Porch(es), Privacy Fence, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Central Air, Ductless Split AC, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Central
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 0.328 AC
  • Assessed Improvement Value: 270000
  • Assessed Land Value: 341800
  • Assessment: 611800
  • Easement: Unknown
  • Lot Description: Open Lot, Level Lot
  • Lot Identifier: 35
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.33
  • Zoning: R-3 Resid.

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 11257
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00901-0000-00035-0000-
  • Tax Rate Amount: 1.840
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Nov 17, 2016
Sold by
Poerson Nils B and Poerson Mary Lynn
Bought by
Fountaine Ryan and Fountaine Marcie
Seller's Agent
Donald R. Marcy
COLDWELL BANKER REALTY
Buyer's Agent
SHARON HUGHES
WEICHERT REALTORS
List Price
$685,000
Sold Price
$726,000
Premium/Discount to List
$41,000
5.99%
Current Estimated Value
$1,158,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,515
Avg. Annual Appreciation
5.49%
Original Mortgage
$580,800
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2002
Sold by
Person Dave
Bought by
Person Nils and Person Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.85%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Person Nils B
Bought by
Person Nils B and Person John B
Source: Public Records

Range of Values:

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Average Value
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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
Fountaine Ryan $726,000 Weichert Title Agency
Person Nils $216,000 --
Person Nils B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountaine Ryan $542,000
Closed Fountaine Ryan $580,800
Previous Owner Person Nils B $417,000
Previous Owner Person Nils $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $726,000 +6.0% $362 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $685,000 -- $341 / 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
2025 $13,031 $611,800 $341,800 $270,000
2024 $12,597 $611,800 $341,800 $270,000
2023 $12,597 $611,800 $341,800 $270,000
2022 $12,395 $611,800 $341,800 $270,000
2021 $12,395 $611,800 $341,800 $270,000
2020 $12,267 $611,800 $341,800 $270,000
2019 $12,071 $611,800 $341,800 $270,000
2018 $11,765 $611,800 $341,800 $270,000
2017 $11,673 $611,800 $341,800 $270,000
2016 $11,471 $611,800 $341,800 $270,000
2015 $11,257 $611,800 $341,800 $270,000
2014 $10,878 $611,800 $341,800 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3321965

Garden State MLS

APN: 17-00901-0000-00035