NOT LISTED FOR SALE

5 Sinclair Terrace Madison, NJ 07940

Estimated Value: $2,244,000 - $2,688,865

5 Beds
5 Baths
-- Sq Ft
0.42 Acres

Last Sold December 20, 2023

Last sale price $2,435,000

Est. 3% increase in value since last sale

Current estimated payment $15,793/month

About This Home

As of December 2023

This home is located at 5 Sinclair Terrace, Madison, NJ 07940 since 20 December 2023 and is currently estimated at $2,502,622. This property was built in 2023. 5 Sinclair Terrace is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

MARY T. WEICHERT

WEICHERT REALTORS Brokerage Phone: 973-635-5000 Listed on: 12/20/2023

Co-Listed By

JOHN C. TUNNY

WEICHERT REALTORS Brokerage Phone: 973-635-5000

Last Buyer's Agent

MARY T. WEICHERT

WEICHERT REALTORS Brokerage Phone: 973-635-5000 Listed on: 12/20/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 0.42 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Year Built: 2023
  • County Name: Morris
  • I D: 5260986
  • Attribution Contact: 973-635-5000
  • MLS Status: Sold
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 130X140 AV
  • Total Acres: 0.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Avanro Group Limited Liability Company
Bought by
Schneider Simon and Schneider Sarah
Current Estimated Value
$2,502,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,735,909
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$766,713

Purchase Details

Closed on
May 20, 2022
Sold by
Clarkson Kenneth L and Clarkson Ann Rhonda
Bought by
Avanro Group Limited Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,405,875
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 22, 1996
Sold by
Vallet Jean Marie P and Vallet Evelyne P
Bought by
Clarkson Kenneth L and Cooperstein Rhonda Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.81%

Purchase Details

Closed on
Aug 30, 1994
Sold by
John Desimone Inc
Bought by
Jea Marie Vallet and Vallet Evelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Schneider Simon $2,435,000 Fidelity National Title
Avanro Group Limited Liability Company $750,000 Chicago Title
Clarkson Kenneth L $390,000 --
Jea Marie Vallet $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Simon $1,800,000
Previous Owner Avanro Group Limited Liability Company $1,405,875
Previous Owner Clarkson Kenneth L $190,000
Previous Owner Jea Marie Vallet $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $2,435,000 0.0% --
12/20/2023 12/20/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $2,435,000 -- --
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
2025 $32,487 $1,525,200 $481,700 $1,043,500
2024 $15,572 $1,525,200 $481,700 $1,043,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MARY T. WEICHERT

    WEICHERT REALTORS

  • J

    Seller Co-Listing Agent in 2023

    JOHN C. TUNNY

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3878844

Garden State MLS

APN: 17-04801-0000-00011

New Jersey Morris County Madison 07940

5 Sinclair Terrace, Madison, NJ

Not Listed for Sale

Detached

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