$625,000
SOLD MAY 5, 2017

5 Laurel Way Madison, NJ 07940

3 Beds
2 Baths
-- Sq Ft
0.3 Acres

Recently Sold

5% Above List Price

7 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Torey J. Sabatini School Rated A
  • L-Shaped Dining Room
  • Eat-In Kitchen

About This Home

As of August 2021

LOCATION! This sweet 3 BR, 2 BA ranch is a short walk to NYC train station & bus stop, universities & walking paths. Located on a charming street, you will love the spacious rooms and huge basement. The wood burning fireplace and built-in bookcases are a focal point of the living room. You will find hardwood floors underneath most all of the carpeting. The attached 2-car garage is conveniently located next to the kitchen. Currently unfinished, the spacious lower level has substantial storage capacity, easy access to utilities, the laundry area and great potential for more finished rooms.

Last Agent to Sell the Property

SUSAN MASSENGILL

KL SOTHEBY'S INT'L. REALTY Listed on: 04/19/2017

Last Buyer's Agent

CHRISTOPHER CLINTON

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,644

Year Built

  • Built in 1954

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Clapboard
  • Tile

Interior Spaces

  • Blinds
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Torey J. Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,644

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1954
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: freezer in basement
  • Street Number Display: 5
  • Directions: Madison Avenue to Treadwell to Laurel Way
  • I D: 4701757
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: SUSAN
  • First Name3: CHRISTOPHER
  • Last Name: MASSENGILL
  • Last Name3: CLINTON
  • Office Phone: 908-696-8600
  • Office Phone3: 974-476-4093
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: Blinds
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Basement Level Rooms: Storage Room, Laundry Room
  • Dining Room Level: First
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 24x13
  • Living Room Level: First
  • Other Room 2: Sunroom
  • Other Room2 Dim: 15x11
  • Other Room2 Level: First
  • Level 1 Rooms: Bath(s) Other, Kitchen, 3 Bedrooms, Sunroom, Dining Room, Living Room, Bath Main
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Clapboard
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

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

Schools

  • Elementary School: Torey J.
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 103X125
  • Assessed Improvement Value: 237600
  • Assessed Land Value: 383400
  • Assessment: 621000
  • Easement: Unknown
  • Lot Description: Level Lot
  • 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: 11644
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-03301-0000-00032-0000-
  • Tax Rate Amount: 1.875
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Torey J.

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

Range of Values:

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Average Value
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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 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

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Map

Source: Garden State MLS

MLS Number: 3380262

Garden State MLS

APN: 17-03301-0000-00032