NOT LISTED FOR SALE

47 Prospect St Madison, NJ 07940

Estimated Value: $1,588,000 - $1,867,000

-- Bed
-- Bath
2,898 Sq Ft
$587/Sq Ft Est. Value

About This Home

This home is located at 47 Prospect St, Madison, NJ 07940 and is currently estimated at $1,702,229, approximately $587 per square foot. 47 Prospect St is a home located in Morris County with nearby schools including Torey J. Sabatini School, Madison Junior School, and Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2009
Sold by
Martin John Alexander and Martin Maria Sophocles
Bought by
Craig Lathrop and Craig Serafin
Current Estimated Value
$1,702,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$411,219
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,291,010

Purchase Details

Closed on
Jun 16, 1998
Sold by
Finder David H and Finder Katherine G
Bought by
Martin John Alexander and Martin Maria Sophocles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 21, 1997
Sold by
Allen Carlton W and Allen Ernestine G
Bought by
Finder David H and Finder Katherine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Interest Rate
7.5%
Source: Public Records

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.

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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.

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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.

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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.

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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
Craig Lathrop $915,000 Fidelity Natl Title Ins Co
Martin John Alexander $595,000 --
Finder David H $518,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Lathrop $625,000
Previous Owner Martin John Alexander $476,000
Previous Owner Finder David H $414,400
Source: Public Records

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 $18,838 $884,400 $446,400 $438,000
2024 $18,210 $884,400 $446,400 $438,000
2023 $18,210 $884,400 $446,400 $438,000
2022 $17,918 $884,400 $446,400 $438,000
2021 $17,918 $884,400 $446,400 $438,000
2020 $17,732 $884,400 $446,400 $438,000
2019 $17,449 $884,400 $446,400 $438,000
2018 $17,007 $884,400 $446,400 $438,000
2017 $16,285 $853,500 $446,400 $407,100
2016 $16,003 $853,500 $446,400 $407,100
2015 $15,704 $853,500 $446,400 $407,100
2014 $15,175 $853,500 $446,400 $407,100
Source: Public Records

Map

New Jersey Morris County Madison 07940

47 Prospect St, Madison, NJ

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