$810,000
SOLD DEC 16, 2016

5 Lee Ave Madison, NJ 07940

4 Beds
2.5 Baths
1,979 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$409 Per Sq Ft

5% Below List Price

63 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Central Avenue Elementary School Rated A-
  • Recreation Room
  • High Ceiling

About This Home

As of June 2025

Perfectly renovated this charming 4 bedroom, 2.5 bath Colonial enjoys a great location in the highly sought after Knollwood section of Madison & is just blocks from town, train, schools & parks. This home is tastefully & beautifully renovated from top to bottom & boasts a new kitchen with breakfast bar that opens to the dining room. A family room with fireplace, office with a wall of windows & mudroom complete the first floor. The second floor has three bedrooms & a new full bath & the third floor has a master suite with walk-in closet & new full bath. The basement is finished with large recreation room, powder room, laundry room & utility room. A two car garage, deck, patio & very private yard complete this lovely home. Many updates include new Andersen windows, furnace, hot water heater & more!

Last Agent to Sell the Property

Susan Oldendorp

COMPASS NEW JERSEY, LLC Listed on: 09/07/2016

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

RUDI ANN PABYAN

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,212

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding
  • Clapboard

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-00911-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,212

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1923
  • Year Built Description: Renovated
  • County Name: Morris
  • Easements Description: unknown
  • Exclusions: TV in basement will leave brackets
  • Renovated Year: 2010
  • Street Number Display: 5
  • Directions: Greenwood to Hamilton to Lee or Valley to Lee
  • I D: 4653237
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Knollwood
  • First Name: SUSAN
  • First Name3: RUDI ANN
  • Last Name: OLDENDORP
  • Last Name3: PABYAN
  • Office Phone: 201-400-8714
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Cedar Closets, TubShowr, StallShw, Walk-In Closet, Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full, Finished-Partially
  • Basement Level Rooms: Powder Room, Storage Room, Laundry Room, Rec Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 18x10
  • Kitchen Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 17x8
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 25x12
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 11x9
  • Other Room3 Level: Basement
  • Level 1 Rooms: Family Room, Kitchen, Office, Dining Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath Main
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Clapboard, Wood
  • Exterior Features: Deck, Sidewalk, Thermal Windows/Doors, Workshop, Patio, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan, 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Baseboard - Electric, Radiators - Steam, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Central
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 0.1377 AC
  • Assessed Improvement Value: 288700
  • Assessed Land Value: 320700
  • Assessment: 609400
  • Easement: Unknown
  • Lot Description: Open Lot, Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11212
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00911-0000-00003-0000-
  • Tax Rate Amount: 1.840
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jun 25, 2025
Sold by
Walsh Kevin T
Bought by
Mchale Robert and Mchale Brittany
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
Brooke Visentini
PROMINENT PROPERTIES SIR
List Price
$1,100,000
Sold Price
$1,387,000
Premium/Discount to List
$287,000
26.09%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-89.33%
Original Mortgage
$900,000
Outstanding Balance
$900,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$208,862

Purchase Details

Listed on
Sep 7, 2016
Closed on
Dec 9, 2016
Sold by
Clark Douglas C and Clark Linda D
Bought by
Walsh Kevin T
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
RUDI ANN PABYAN
BHHS FOX & ROACH
List Price
$849,000
Sold Price
$810,000
Premium/Discount to List
-$39,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$648,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2000
Sold by
Yost Andrew T and Williams Yost Carolyn H
Bought by
Clark Douglas C and Clark Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
7.88%

Purchase Details

Closed on
Jul 2, 1996
Sold by
Fiocco Robert J and Fiocco Nancy T
Bought by
Yost Andrew T and Williams Yost Carolyn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.12%
Source: Public Records

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Range of Values:

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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 $1,387,000 Clear Skies Title
Deed $1,387,000 Clear Skies Title
Deed $810,000 Associated Title
Bargain Sale Deed $439,000 --
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Closed $900,000 New Conventional
Previous Owner $648,000 New Conventional
Previous Owner $351,200 No Value Available
Previous Owner $260,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,387,000 +26.1% $701 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $1,100,000 +35.8% $556 / Sq Ft
12/16/2016 12/16/16 Sold $810,000 -4.6% $409 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $849,000 -- $429 / 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 $12,548 $609,400 $320,700 $288,700
2023 $12,548 $609,400 $320,700 $288,700
2022 $12,346 $609,400 $320,700 $288,700
2021 $12,346 $609,400 $320,700 $288,700
2020 $12,218 $609,400 $320,700 $288,700
2019 $12,023 $609,400 $320,700 $288,700
2018 $11,719 $609,400 $320,700 $288,700
2017 $11,627 $609,400 $320,700 $288,700
2016 $11,426 $609,400 $320,700 $288,700
2015 $11,213 $609,400 $320,700 $288,700
2014 $10,835 $609,400 $320,700 $288,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3333889

Garden State MLS

APN: 17-00911-0000-00003