NOT LISTED FOR SALE

48 Madison Ave Budd Lake, NJ 07828

Estimated Value: $583,000 - $646,422

4 Beds
2.5 Baths
2,388 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $362,500 $152 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,129/month

24 Days on Market

Highlights

  • Custom Home
  • Deck
  • Attic
  • Mount Olive High School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2019

This immaculately kept custom Colonial has 4 bedrooms and 2 1/2 baths with nothing to do but for you to call home! Solid red oak floors adorn the first level as well as red oak accents throughout the home giving it a warm "mountain" feel. Large "great room", spacious eat in kitchen with new stainless steel appliances and formal dining room help create a space perfect for entertaining. Situated on a pancake flat corner lot, quiet street in desirable Mt Olive close to Turkey Brook Park, major highways and shopping....a highly rated school district. Full basement with high ceilings, large workshop, new washer and dryer as well as new gas boiler with a 5 year warranty.

Last Agent to Sell the Property

COLEEN FLETCHER

WEICHERT REALTORS Listed on: 10/22/2018

Last Buyer's Agent

Lynn Martini

RE/MAX HOUSE VALUES

RE/MAX HOUSE VALUES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,597

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Heatilator
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Storage Room
  • Utility Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Schools

  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

  • Zoned Heating
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2327-03911-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,597

Year Built

Built in 1943 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1943
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 1994
  • Street Number Display: 48
  • Directions: Rte 80 West to Exit 26 to 46 West, jughandle to Mt Olive Rd, left at fork on Flanders Rd, left on Wynnewood. #48 corner of Wynnewood and Madison
  • I D: 4847235
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: COLEEN
  • First Name3: LYNN
  • Last Name: FLETCHER
  • Last Name3: MARTINI
  • Office Phone: 973-543-6511
  • Office Phone3: 973-601-1212
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1994

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Heatolator, Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Beam Ceilings, Fire Alarm Sys, Blinds, Carbon Monoxide Detector
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Laundry Room, Utility Room, Workshop, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 12x28
  • Kitchen Level: First
  • Living Room Dim: 28x20
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 9x14
  • Other Room1 Level: First
  • Other Room 2: Workshop
  • Other Room2 Dim: 28x20
  • Other Room2 Level: Basement
  • Other Room 3: Utility Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: Foyer, Pantry, Dining Room, Great Room, Porch, Powder Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other
  • Phone: 973-543-6511

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Off-Street Parking, On-Street Parking

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Middle School: MT.Olive MS
  • High School: MT.Olive HS
  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Lot Size: 100X100
  • Assessed Improvement Value: 154700
  • Assessed Land Value: 112900
  • Assessment: 267600
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8597
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-03911-0000-00001-0000-
  • Tax Rate Amount: 3.116
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 2, 2019
Sold by
Tritt Richar P
Bought by
Kraft Roger T and Ginder Judith D
Seller's Agent
COLEEN FLETCHER
WEICHERT REALTORS
Buyer's Agent
Lynn Martini
RE/MAX HOUSE VALUES
List Price
$375,900
Sold Price
$362,500
Premium/Discount to List
-$13,400
-3.56%
Current Estimated Value
$613,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,606
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Tritt Richard P and Tritt Mary
Bought by
Tritt Richard P

Purchase Details

Closed on
Nov 13, 1986
Bought by
Tritt Richard P and Tritt Mary
Source: Public Records

Range of Values:

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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
Kraft Roger T $362,500 None Available
Tritt Richard P -- None Available
Tritt Richard P $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tritt Richard P $170,000
Previous Owner Tritt Richard P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $362,500 -3.6% $152 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $375,900 -- $157 / 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 $9,460 $287,800 $112,900 $174,900
2023 $9,460 $287,800 $112,900 $174,900
2022 $9,664 $287,800 $112,900 $174,900
2021 $9,664 $287,800 $112,900 $174,900
2020 $9,535 $287,800 $112,900 $174,900
2019 $8,836 $267,600 $112,900 $154,700
2018 $8,751 $267,600 $112,900 $154,700
2017 $8,598 $267,600 $112,900 $154,700
2016 $8,325 $267,600 $112,900 $154,700
2015 $8,520 $267,600 $112,900 $154,700
2014 $8,528 $267,600 $112,900 $154,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    COLEEN FLETCHER

    WEICHERT REALTORS

  • Lynn Martini

    Buyer's Agent in 2019

    Lynn Martini

    RE/MAX

    (973) 945-2880

    2 in this area

    40 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3510803

Garden State MLS

APN: 27-03911-0000-00001

New Jersey Morris County Budd Lake 07828

48 Madison Ave, Budd Lake, NJ

This home is located at 48 Madison Ave, Budd Lake, NJ 07828 since 22 October 2018 and is currently estimated at $613,106, approximately $256 per square foot. This property was built in 1943. 48 Madison Ave is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

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