NOT LISTED FOR SALE

420 Madison Ave Plainfield, NJ 07060

Estimated Value: $572,661

-- Bed
-- Bath
2,220 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $500,000 $225 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,354/month

21 Days on Market

About This Home

As of August 2023

Storefront with two apartments. Storefront presently used as check cashing business. Storefront has its own basement and HVAC 1st Floor Apartment - 3 bedrooms, 1 bath, large updated eat-in kitchen, living room with beautiful coffered ceilings. Hardwood floors throughout. 2nd Floor Apartment - 3 bedrooms,1 bath, laminate flooring (1 year old) - Access to large attic. Garage rented separately. Close proximity to Plainfield Train Station and downtown.

Last Agent to Sell the Property

Daniel Simone

Keller Williams Park Views Listed on: 05/18/2023

Keller Williams Park Views

Last Buyer's Agent

Daniel Simone

Keller Williams Park Views Listed on: 05/18/2023

Keller Williams Park Views

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,234

Lot Details

  • 5,314

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$15,234

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 939-0050
  • MLS Status: Sold - Sold
  • Directions: w 4th st to madison
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Flat, Peaked

Lot Info

  • Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 3, 2023
Sold by
Cleveland Properties Llc
Bought by
420 Madison Nj Llc
Seller's Agent
Daniel Simone
Keller Williams Park Views
Buyer's Agent
Daniel Simone
Keller Williams Park Views
List Price
$699,000
Sold Price
$500,000
Premium/Discount to List
-$199,000
-28.47%
Current Estimated Value
$572,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,661
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Jun 10, 2016
Sold by
420 Madison Ave Llc
Bought by
Cleveland Properties Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Fernandez Jose L
Bought by
Ave 420 422 Madison

Purchase Details

Closed on
Feb 10, 1995
Sold by
Friendly Check Cashing Corp
Bought by
Jofer Properties Llc
Source: Public Records

Range of Values:

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ICE

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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
420 Madison Nj Llc $500,000 First American Title
420 Madison Nj Llc $500,000 First American Title
Cleveland Properties Llc $100,000 --
Ave 420 422 Madison -- --
Jofer Properties Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $500,000 -28.5% $225 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $699,000 -- $315 / Sq Ft
Source: New Jersey 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 $15,813 $175,000 $28,600 $146,400
2024 $15,545 $175,000 $28,600 $146,400
2023 $15,545 $175,000 $28,600 $146,400
2022 $15,234 $175,000 $28,600 $146,400
2021 $15,026 $175,000 $28,600 $146,400
2020 $14,984 $175,000 $28,600 $146,400
2019 $14,978 $175,000 $28,600 $146,400
2018 $14,326 $175,000 $28,600 $146,400
2017 $14,312 $175,000 $28,600 $146,400
2016 $13,990 $175,000 $28,600 $146,400
2015 $13,643 $175,000 $28,600 $146,400
2014 -- $175,000 $28,600 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23014910

New Jersey MLS

APN: 12-00702-0000-00007