NOT LISTED FOR SALE

5 Madison Ave Budd Lake, NJ 07828

Estimated Value: $448,000 - $565,996

4 Beds
2 Baths
1,574 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $267,000 $170 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,358/month

28 Days on Market

Highlights

  • 0.34 Acre Lot
  • Cape Cod Architecture
  • Wooded Lot
  • Mount Olive High School Rated A
  • Deck
  • Formal Dining Room

About This Home

As of October 2018

Larger than it appears renovated 4 bedroom, 2 full bath home. Eat-in kitchen with breakfast bar, granite, stainless appliances. Living/dining room offers wood burning floor to ceiling brick fireplace Large Family room with hardwood flooring. Slider off of dining room to 20x12 deck for entertaining. Full unfinished basement, walkout to level private backyard. Close to all major routes of transportation 46,80,206,10 and shopping, stores, restaurants and minutes to Turkey Brook Park and all that Mt. Olive has to offer.

Last Agent to Sell the Property

Tatiana Novack

RE/MAX HOUSE VALUES Listed on: 07/13/2018

RE/MAX HOUSE VALUES

Last Buyer's Agent

KATHLEEN BALL

JERSEY SUCCESS REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,125

Year Built

  • Built in 1958

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Wall to Wall Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Standard Electricity
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2327-04400-0000-00044-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,125

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2015
  • Street Number Display: 5
  • Directions: Rt.46 East to R on Mt.Olive Rd to L on Madison.
  • I D: 4821492
  • Modified: 2021-09-23
  • Number Images: 5
  • First Name: TATIANA
  • First Name3: KATHLEEN
  • First Name4: DAWN
  • Last Name: NOVACK
  • Last Name3: BALL
  • Last Name4: LORIA TIENE
  • Office Phone: 973-770-7777
  • Office Phone4: 9736910022
  • Pager Number4: 2014582237
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Dining Room, Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Dishwasher, Self Cleaning Oven, Water Softener-Own, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 11x9
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Living Room, Dining Room, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 973-770-7777

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Electric, OilAbOut
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric
  • Water: Well
  • Water Heater: Electric

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: 100X150
  • Assessed Improvement Value: 103200
  • Assessed Land Value: 149700
  • Assessment: 252900
  • Easement: Unknown
  • Lot Description: Level Lot, Wooded Lot
  • Lot Identifier: 44
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8125
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-04400-0000-00044-0000-
  • 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

Closed on
May 7, 2021
Sold by
Shah Syed R and Shah Fatima R
Bought by
Shah Syed and Shah Fatima R
Current Estimated Value
$486,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$186,298
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$300,897

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 25, 2018
Sold by
Walsh Angela and Walsh Christopher
Bought by
Shah Syed A and Shah Fatima R
Seller's Agent
Tatiana Novack
RE/MAX HOUSE VALUES
Buyer's Agent
KATHLEEN BALL
JERSEY SUCCESS REALTY, INC.
List Price
$275,000
Sold Price
$267,000
Premium/Discount to List
-$8,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$213,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jun 25, 2015
Sold by
Letter Perfect Homes Inc
Bought by
Walsh Angela and Walsh Eugenia C
Seller's Agent
JAMES C. FINKEL
MILLENNIUM 21 REALTY
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$160,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2015
Sold by
Rexford Mary L
Bought by
Letter Perfect Homes Inc
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 Buyer Sale Price Title Company
Shah Syed -- Clear Skies Title Agency
Shah Syed A $267,000 Multiple
Walsh Angela $260,000 Multiple
Letter Perfect Homes Inc $71,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Syed $204,000
Closed Shah Syed A $213,000
Previous Owner Walsh Angela $160,000
Previous Owner Letter Perfect Homes Inc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $267,000 -2.9% $170 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $275,000 +5.8% $175 / Sq Ft
06/26/2015 06/26/15 Sold $260,000 -- $165 / 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 $8,313 $252,900 $149,700 $103,200
2023 $8,313 $252,900 $149,700 $103,200
2022 $8,492 $252,900 $149,700 $103,200
2021 $8,492 $252,900 $149,700 $103,200
2020 $8,379 $252,900 $149,700 $103,200
2019 $8,351 $252,900 $149,700 $103,200
2018 $8,270 $252,900 $149,700 $103,200
2017 $8,126 $252,900 $149,700 $103,200
2016 $7,868 $252,900 $149,700 $103,200
2015 $8,052 $252,900 $149,700 $103,200
2014 $8,060 $252,900 $149,700 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3487185

Garden State MLS

APN: 27-04400-0000-00044