NOT LISTED FOR SALE

50 Madison Ave Montclair, NJ 07042

Montclair South End Neighborhood

Estimated Value: $1,098,000 - $1,172,000

4 Beds
4 Baths
2,908 Sq Ft
$393/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,050,000 $361 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,769/month

12 Days on Market

About This Home

As of June 2024

This home is located at 50 Madison Ave, Montclair, NJ 07042 since 24 April 2024 and is currently estimated at $1,143,300, approximately $393 per square foot. This property was built in 1926. 50 Madison Ave is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Last Agent to Sell the Property

BONNIE RAMSEY

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 04/24/2024

Last Buyer's Agent

MARK JIORLE

RE/MAX DIAMOND REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Essex
  • I D: 5272816
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.00

Lot Info

  • Lot Size: 70X140
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 24, 2024
Sold by
Yee Stanley and Yee Elaine
Bought by
Mbekeani Nyemba and Mbekeani Preeya
Seller's Agent
BONNIE RAMSEY
COMPASS NEW JERSEY, LLC
Buyer's Agent
MARK JIORLE
RE/MAX DIAMOND REALTORS
List Price
$879,000
Sold Price
$1,050,000
Premium/Discount to List
$171,000
19.45%
Views
89
Current Estimated Value
$1,202,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,337
Avg. Annual Appreciation
5.57%
Original Mortgage
$630,000
Outstanding Balance
$621,836
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$521,464

Purchase Details

Closed on
May 24, 2007
Sold by
Charleton Patricia Diane
Bought by
Whitsettt Margaret Jackson
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
Mbekeani Nyemba $1,050,000 None Listed On Document
Whitsettt Margaret Jackson $542,000 Lenox Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbekeani Nyemba $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $1,050,000 +19.5% $361 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $879,000 +36.1% $302 / Sq Ft
07/31/2018 07/31/18 Sold $646,000 +10.4% $231 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
04/29/2018 04/29/18 For Sale $585,000 -- $209 / 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
2025 $18,526 $548,100 $199,000 $349,100
2024 $18,526 $548,100 $199,000 $349,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    BONNIE RAMSEY

    COMPASS NEW JERSEY, LLC

  • M

    Buyer's Agent in 2024

    MARK JIORLE

    RE/MAX

  • Bradley Horner

    Seller's Agent in 2018

    Bradley Horner

    BROWN HARRIS STEVENS NEW JERSEY

    (973) 801-6427

    51 Total Sales

    Bradley Horner
    Section Image

  • S

    Buyer's Agent in 2018

    SUSIE ADAMSON

    COMPASS NEW JERSEY, LLC

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Map

Source: Garden State MLS

MLS Number: 3897959

Garden State MLS

APN: 13-04005-0000-00001

New Jersey Essex County Montclair 07042 Montclair South End

50 Madison Ave, Montclair, NJ

Not Listed for Sale

Detached

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