48 Madison St Morristown, NJ 07960
Estimated Value: $437,390 - $500,000
--
Bed
--
Bath
680
Sq Ft
$678/Sq Ft
Est. Value
About This Home
This home is located at 48 Madison St, Morristown, NJ 07960 and is currently estimated at $460,848, approximately $677 per square foot. 48 Madison St is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2010
Sold by
Mele Joseph F and Mele Rebecca
Bought by
Hong Christine E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Outstanding Balance
$131,961
Interest Rate
4.98%
Mortgage Type
New Conventional
Estimated Equity
$328,887
Purchase Details
Closed on
Oct 18, 2002
Sold by
Hope Dean
Bought by
Mele Joe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.17%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hong Christine E | $246,000 | Vested Title Inc | |
Mele Joe | $155,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hong Christine E | $196,800 | |
Previous Owner | Mele Joe | $147,250 |
Source: Public Records
Tax History Compared to Growth
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 | $4,534 | $287,900 | $206,100 | $81,800 |
2024 | $5,667 | $287,900 | $206,100 | $81,800 |
2023 | $5,667 | $195,000 | $162,000 | $33,000 |
2022 | $5,600 | $195,000 | $162,000 | $33,000 |
2021 | $5,600 | $195,000 | $162,000 | $33,000 |
2020 | $5,622 | $195,000 | $162,000 | $33,000 |
2019 | $5,620 | $195,000 | $162,000 | $33,000 |
2018 | $5,548 | $195,000 | $162,000 | $33,000 |
2017 | $5,382 | $195,000 | $162,000 | $33,000 |
2016 | $5,244 | $195,000 | $162,000 | $33,000 |
2015 | $5,119 | $195,000 | $162,000 | $33,000 |
2014 | $5,062 | $195,000 | $162,000 | $33,000 |
Source: Public Records
Map
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