$1,200,000
SOLD AUG 27, 2020

5 Laurel Way Madison, NJ 07940

5 Beds
5.5 Baths
5,118 Sq Ft
0.3 Acres

Recently Sold

$234 Per Sq Ft

14% Below List Price

401 Days on Market

Highlights

  • Custom Home
  • Wine Refrigerator
  • Eat-In Kitchen
  • Torey J. Sabatini School Rated A
  • Porch
  • Patio

About This Home

As of August 2021

NEW PRICE REDUCED $136,000. for Quick Sale NEW CONSTRUCTION (COVID-19 SAFE) SMART HOME, LUX FINISHES. WARRANTY 5 BEDROOM,5 1/2 BATH OPEN FLR PLN, HUGE F BASEMENT NYC TRAINS,NJ's #1 TOWN, BEST VALUE! 136K PRICE REDUCTION GOURMET KITCHEN, HIGH END APPLIANCES. SAMSUNG FAMILY HUB SMART TOUCH SCREEN REFRIGERATOR. THERMADOR GAS RANGE, WALL OVEN AND MICROWAVE. 51 BOTTLE WINE CHILLER . SMART HOME IS PRE-WIRED WITH CAT-6 ETHERNET AND COAX CABLE AND HOMERUNS. 3 ZONE HVAC WITH NESTS. MASTER BATH AND SUITE, STANDING SOAKING TUB, WALK IN SHOWER, DOUBLE SINK VANITY. WALK IN CLOSET, TRAY CEILING.ENERGY EFFECIENT AND LOW MAINTENANCE HOME BUILT FOR MODERN DAY LIVING, WORK OR DISTANCE LEARNING. CLOSE TO TOWN, PUBS, RESTURANTS, EXERCISE/WALK/RUNNING/DOG PATH, SCHOOLS AND NYC TRAINS. MOVE-IN READY, COVID-19 SAFE, A MUST SEE!

Last Agent to Sell the Property

CHRISTOPHER CLINTON

COLDWELL BANKER REALTY Listed on: 06/05/2019

Last Buyer's Agent

ELIZABETH HURLEY

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,941

Year Built

  • Built in 2019

Lot Details

  • 0.3 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials

Interior Spaces

  • 5,118 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2317-03301-0000-00032-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,941

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2019
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: NONE AS PER MLS LISTING
  • Street Number Display: 5
  • Directions: MADISON AVE TO TREADWELL AVE TO LAUREL WAY . 5 IS THE SECOND HOME ON THE RIGHT SIDE. NYC or HOBOKEN Train to Convent Station or Madison Station.
  • I D: 4904146
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: CHRISTOPHER
  • First Name3: ELIZABETH
  • First Name4: ELIZABETH
  • Last Name: CLINTON
  • Last Name3: HURLEY
  • Last Name4: RUTLAND
  • Office Phone: 974-476-4093
  • Office Phone3: 908-516-4790
  • Office Phone4: 201-424-7360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, OvnWElec, WineRefr
  • Number Rooms: 13
  • Bedrooms: 5
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, French Drain, Full
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Separate Dining Area
  • Estimated Sq Ft: 5118
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Composition Siding, ConcBrd, Stone
  • Exterior Features: Open Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Off-Street Parking

Utilities

  • Cooling: 2 Units, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Home Warranty: Yes

Lot Info

  • Lot Size: 103X125
  • Assessed Improvement Value: 237600
  • Assessed Land Value: 383400
  • Assessment: 621000
  • Easement: Unknown
  • Lot Identifier: 32
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11941
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-03301-0000-00032-0000-
  • Tax Rate Amount: 1.923
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 23, 2021
Sold by
Maloney William J and Maloney Jenny
Bought by
The Bean Skillman Trust
Seller's Agent
Elizabeth Rutland
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ELIZABETH HURLEY
KL SOTHEBY'S INT'L. REALTY
List Price
$1,499,900
Sold Price
$1,413,500
Premium/Discount to List
-$86,400
-5.76%
Current Estimated Value
$1,864,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,129
Avg. Annual Appreciation
8.76%

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 19, 2020
Sold by
Lado Properties Llc
Bought by
Maloney William J and Maloney Jenny
Seller's Agent
CHRISTOPHER CLINTON
COLDWELL BANKER REALTY
Buyer's Agent
ELIZABETH HURLEY
KL SOTHEBY'S INT'L. REALTY
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$720,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 5, 2017
Sold by
Goodell Robert C
Bought by
Ladd Properties Llc
Seller's Agent
SUSAN MASSENGILL
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
CHRISTOPHER CLINTON
COLDWELL BANKER REALTY
List Price
$596,000
Sold Price
$625,000
Premium/Discount to List
$29,000
4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.71%
Source: Public Records

Similar Homes in the area

  • 4 Dickens Ct, Morristown, NJ 07960

    $999,000

    • 4 Beds
    • 2.5 Baths
    • 4 Dickens Ct
    • Morristown, NJ

    Move right in! This colonial has been renovated with a spacious, eat in kitchen and newer baths. It has been recently painted and has a newer air conditioning unit & furnace. This home is much larger than it appears! (See room sizes and floor plans). PERFECT LOCATION for NYC commuters! The home is a short block to the train -- Also, close to Rods and Red Dog restaurants. Many walking and biking

    REBECCA MORANO PROMINENT PROPERTIES SIR

    Section Image
  • 12 Baumgartner Dr, Madison, NJ 07940

    $1,200,000

    • 4 Beds
    • 2.5 Baths
    • 12 Baumgartner Dr
    • Madison, NJ

    A well maintained and upgraded central colonial locates in a Cul-De-Sac of the well sought-after Madison Borough, NJ, with easy access to NJ Transit trains to NYC and Hoboken, and close to downtown, shopping center, Drew University, Fairleigh Dickinson University, and St Elizabeth University. The first floor offers spacious living spaces, including two-story entry foyer, living room, formal

    BINGHU ZHANG WESTERN-EASTERN REALTY

    Section Image
  • 4 Fairwood Rd, Madison, NJ 07940

    $995,000

    • 4 Beds
    • 2.5 Baths
    • 4 Fairwood Rd
    • Madison, NJ

    Location, Location, Location for this Colonial in sought after and renowned "Fairwoods" Section of town. Original charm and timeless appeal throughout with endless possibilities and proportions typical of it's era. Period details, trims & moldings with modern amenities can be found throughout this original Fairwoods beauty! Vintage Home lovers, don't miss this one! First floor addition with

    VALARIE ELLIS-FRIEDMAN RE/MAX ACHIEVERS

    Section Image
  • 190 Park Ave, Madison, NJ 07940

    $1,175,000

    • 4 Beds
    • 2.5 Baths
    • 190 Park Ave
    • Madison, NJ

    Welcome to 190 Park Ave in the heart of Madison, NJ! This beautifully updated 4-bedroom, 2.5-bath property offers the perfect blend of modern upgrades, energy efficiency, and classic charm. Set on a spacious lot with a newly expanded driveway and retaining wall, this move-in-ready home features a sun-filled layout, refinished hardwood floors, and a versatile basement with a French drain system.

    SHAWN CHACONAS COMPASS NEW JERSEY, LLC

    Section Image
  • 150 Loantaka Way, Madison, NJ 07940

    $999,000

    • 3 Beds
    • 3.5 Baths
    • 150 Loantaka Way
    • Madison, NJ

    Unpack and move right into this sunny 3 bedroom colonial charmer that boasts warm, inviting living spaces and beautiful hardwood floors throughout. Living room with bright bay sitting window and fireplace, dining room, kitchen, family room & half bath all combine for an unparalleled flow that allows for seamless transition between spaces. The second floor features a master suite with spa inspired

    BRENDA RUSSELL KL SOTHEBY'S INT'L. REALTY

    Section Image
  • 15 Prospect Place, Madison, NJ 07940

    $1,399,900

    • 3 Beds
    • 3.5 Baths
    • 15 Prospect Place
    • Madison, NJ

    New Construction in Madison by Harding Homes! Quality New Home featuring 3 bedrooms with ensuite baths, Finished basement, Open Kitchen to Living/DIning Room. Center island with Custom Cabinetry, Quartz Counters, Upgraded Appliances. Still time to customize some finishes. Amazing and Unique Opportunity!

    ADRIENNE DESIMONE DESIMONE REALTY

    Section Image
  • 138 Central Ave, Madison, NJ 07940

    $1,359,000

    • 5 Beds
    • 5 Baths
    • 138 Central Ave
    • Madison, NJ

    Just blocks from town, train, and top-rated schools, this exquisite 5 bedroom, 3.2 bath Victorian offers the perfect blend of timeless charm and modern comfort. Set on a beautifully landscaped .40 acre private lot, this home is rich with character, from its mahogany floored wraparound porch to its intricate architectural details and oversized windows that flood each room with natural light. Step

    Susan Oldendorp COMPASS NEW JERSEY, LLC

    Section Image
  • 280 Greenwood Ave, Florham Park, NJ 07932

    $999,000

    • 4 Beds
    • 3.5 Baths
    • 280 Greenwood Ave
    • Florham Park, NJ

    Welcome to this spacious and well-appointed 4-bedroom, 3.5-bath colonial, ideally located near the Madison train station and the vibrant center of Florham Park. This home offers incredible space, functionality, and comfort throughout. The main level features a first-floor bedroom with a full bath perfect for guests or extended living, a bright formal living room with elegant bay windows, a formal

    BARBARA KANEFSKY KELLER WILLIAMS SUBURBAN REALTY

    Section Image
  • 9 Stonehedge Ln, Madison, NJ 07940

    $1,373,000

    • 5 Beds
    • 4.5 Baths
    • 9 Stonehedge Ln
    • Madison, NJ

    A Masterpiece of Modern Luxury 5 BR 4.5 BA home on a tree-lined horseshoe street is a must see!! This beautifully upgraded home is thoughtfully designed for contemporary living, that features white oak hardwood floors, an open floor plan that seamlessly connects the living, dining, and kitchen areas. The kitchen boasts stainless steel Bosch appliances, quartz countertops and Fabuwood cabinets.

    Veronica Fairweather EXP Realty, LLC

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,413,500 Foundation Title Llc
Deed $1,200,000 Realsafe Title Llc
Deed $625,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $720,000 New Conventional
Previous Owner $269,911 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $299,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $1,413,500 -5.8% --
07/26/2021 07/26/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $1,499,900 +25.0% --
08/27/2020 08/27/20 Sold $1,200,000 -4.7% $234 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $1,259,000 -2.0% $246 / Sq Ft
02/05/2020 02/05/20 Price Changed $1,285,000 -3.0% $251 / Sq Ft
01/09/2020 01/09/20 Price Changed $1,325,000 -3.6% $259 / Sq Ft
12/05/2019 12/05/19 Price Changed $1,375,000 -0.7% $269 / Sq Ft
09/16/2019 09/16/19 Price Changed $1,385,000 -0.7% $271 / Sq Ft
06/05/2019 06/05/19 For Sale $1,395,000 +123.2% $273 / Sq Ft
05/05/2017 05/05/17 Sold $625,000 +4.9% --
04/26/2017 04/26/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $596,000 -- --
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 $23,946 $1,163,000 $383,400 $779,600
2023 $23,946 $1,163,000 $383,400 $779,600
2022 $9,794 $1,163,000 $383,400 $779,600
2021 $9,794 $483,400 $383,400 $100,000
2020 $9,692 $483,400 $383,400 $100,000
2019 $8,058 $408,400 $383,400 $25,000
2018 $11,942 $621,000 $383,400 $237,600
2017 $11,849 $621,000 $383,400 $237,600
2016 $11,644 $621,000 $383,400 $237,600
2015 $11,176 $621,000 $383,400 $237,600
2014 $10,791 $621,000 $383,400 $237,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3562934

Garden State MLS

APN: 17-03301-0000-00032