NOT LISTED FOR SALE

51 Madison Ct Tinton Falls, NJ 07712

Estimated Value: $474,000 - $509,047

2 Beds
2.5 Baths
1,652 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $269,000 $163 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,143/month

Highlights

  • New Kitchen
  • Crown Molding
  • Living Room
  • Loft
  • Walk-In Closet
  • Recessed Lighting

About This Home

As of November 2018

Redone 2 Bedroom 2.5 Bath Condo. Nice new floors, kitchen and so much more!! Close to public transportation, shopping and beaches!!

Last Agent to Rent the Property

Anthony Marchigiano

Real Estate, LTD Listed on: 09/26/2018

Last Renter's Agent

Anthony Marchigiano

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1998

Lot Details

  • 697

Home Design

  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Loft
  • New Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Parking

  • No Garage
  • Visitor Parking
  • Assigned Parking

Schools

  • Tinton Falls Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Park Place Subdivision

Listing and Financial Details

  • Security Deposit $3,300
  • Property Available on 11/1/18
  • Exclusions: Personal Items
  • Assessor Parcel Number 49-00124-51-00037

Townhouse Details

Home Type

Townhome

Year Built

Built in 1998

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-11-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Subdivision Name: Park Place
  • Architectural Style: Townhouse
  • Reso Interior Features: Dec Molding, Recessed Lighting
  • Year Built: 1998
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Tinton Falls
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Style Townhouse: Yes
  • Living Room Dec Molding3: Yes
  • Contract Info Available Date: 2018-11-01
  • Maintenance Fees Security Deposit3: 3300.0
  • Lease Requirements Security Deposit4: Yes
  • Living Room Sliding Door2: Yes
  • Rooms Loft2: Yes
  • Foyer Dec Molding2: Yes
  • Parking Visitor2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 3
  • Stories: 3
  • Basement:Slab: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal Items

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned, Visitor
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Parcel #: 49-00124-51-00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 24, 2017
Sold by
Romano Philip A
Bought by
Schutz-Robinson Christie
Seller's Agent
Michael Danziger
C21/ Solid Gold Realty
Buyer's Agent
Lisa Ball
Gloria Nilson & Co. Real Estate
Sold Price
$269,000
Current Estimated Value
$491,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,709
Avg. Annual Appreciation
7.57%
Original Mortgage
$264,127
Outstanding Balance
$219,856
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$273,156

Purchase Details

Listed on
Jul 2, 2012
Closed on
Oct 26, 2012
Sold by
Crowley James H and Crowley Suzanne E
Bought by
Romano Phillip A
Seller's Agent
Cathy Libecci
Coldwell Banker Realty
Buyer's Agent
Michael Danziger
Gloria Nilson & Co. Real Estate
Sold Price
$234,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$219,118
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2006
Sold by
Eremita Nicholas
Bought by
Crowley James H and Crowley Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.29%

Purchase Details

Closed on
Sep 2, 2005
Sold by
Strongarone Scott
Bought by
Eremita Nicholas and Eremita Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.81%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Mcguire Michael
Bought by
Strongarone Scott and Strongarone Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
6.6%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Sciametta Charles
Bought by
Maguire Michael and Maguire Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.28%

Purchase Details

Closed on
Sep 30, 1999
Sold by
Lynch Timothy
Bought by
Sciametta Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
7.78%

Purchase Details

Closed on
Feb 25, 1999
Sold by
Hovbilt Inc
Bought by
Lynch Timothy and Lynch Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schutz-Robinson Christie $269,000 Chicago Title
Romano Phillip A $234,500 None Available
Crowley James H $310,000 --
Eremita Nicholas $300,000 --
Strongarone Scott $189,000 --
Maguire Michael $170,000 --
Sciametta Charles $159,900 --
Lynch Timothy $128,980 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutz-Robinson Christie $264,127
Previous Owner Romano Phillip A $219,118
Previous Owner Crowley James H $248,000
Previous Owner Eremita Nicholas $240,000
Previous Owner Strongarone Scott $179,550
Previous Owner Maguire Michael $136,000
Previous Owner Sciametta Charles $127,920
Previous Owner Lynch Timothy $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2018 11/01/18 Rented $26,400 0.0% --
08/25/2017 08/25/17 Sold $269,000 +14.7% $163 / Sq Ft View Prior Sale
12/21/2012 12/21/12 Sold $234,500 -- $142 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,765 $475,600 $222,200 $253,400
2024 $6,661 $470,100 $207,200 $262,900
2023 $6,661 $436,500 $190,000 $246,500
2022 $5,666 $344,700 $110,000 $234,700
2021 $5,653 $294,200 $105,000 $189,200
2020 $5,784 $289,900 $105,000 $184,900
2019 $5,653 $283,800 $100,000 $183,800
2018 $5,453 $272,900 $100,000 $172,900
2017 $5,108 $249,300 $95,000 $154,300
2016 $5,079 $242,300 $90,000 $152,300
2015 $4,860 $234,800 $90,000 $144,800
2014 $4,938 $228,200 $70,000 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21837971

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00124-51-00037