NOT LISTED FOR SALE

51 Prospect St Madison, NJ 07940

Estimated Value: $1,130,977 - $1,311,000

3 Beds
2 Baths
-- Sq Ft
0.3 Acres

Last Sold December 12, 2022

Last sale price $818,500

Est. 49% increase in value since last sale

Current estimated payment $7,533/month

Highlights

  • Colonial Architecture
  • 4-minute walk to Madison
  • Recreation Room
  • Torey J. Sabatini School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2022

Enjoy in town living in this 3 bedroom, 2 full bath home just a block away from town, trains to NYC, shopping, restaurants and schools that is perfectly set in the prestigious Hill section of Madison, voted #1 town to live in by NJ monthly. This home offers a lovely front porch, large living room with fireplace, dining room, eat in kitchen with top of the line stainless steel appliances, including a sub zero fridge and Bosch dishwasher with a wonderful breakfast area with cathedral ceilings, plenty of windows overlooking the private deep back yard and deck. A first floor full bath, office or den, three bedrooms, a finished basement and a one car garage completes this lovely home. The basement offers a recreation room, wine cellar, storage, laundry room and workroom. The yard is beautiful and is full of mature plantings. This home also boasts a newer roof and washer and dryer. Do not miss seeing this great home!

Last Agent to Sell the Property

Susan Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 201-400-8714 Listed on: 10/26/2022

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Fred Wynne

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,010

Year Built

  • Built in 1942 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

  • Madison Jr Middle School
  • Madison High School

Utilities

  • Cooling Available
  • Zoned Heating

Listing and Financial Details

  • Assessor Parcel Number 2317-03702-0000-00029-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,010

Year Built

Built in 1942 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1942
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Directions: Main Street to Prospect OR Woodland to Prospect
  • I D: 5185625
  • Section Subdiv Development: The Hill
  • First Name: SUSAN
  • First Name3: FREDERICK
  • Last Name: OLDENDORP
  • Last Name3: WYNNE II
  • Office Phone: 201-400-8714
  • Attribution Contact: 201-400-8714
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1986

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector, StallShw, TubShowr
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Pantry
  • Kitchen Dim: 27x14
  • Kitchen Level: First
  • Living Room Dim: 22x19
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 20x20
  • Other Room1 Level: Basement
  • Other Room 2: Screened Patio/Porch
  • Other Room2 Dim: 12x9
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 13x10
  • Other Room3 Level: Basement
  • Other Room 4: Workshop
  • Other Room4 Dim: 14x11
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath Main, Den, Dining Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-310-6816

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Deck, Open Porch(es), Sidewalk, Storage Shed, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Schools

  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 50X264 AV
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13010
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-03702-0000-00029-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.026
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 6, 2022
Sold by
Iuliano Barbara
Bought by
Conner John and Braender-Carr Alyssa
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
Fred Wynne
WEICHERT REALTORS
List Price
$699,000
Sold Price
$818,500
Premium/Discount to List
$119,500
17.1%
Views
33
Current Estimated Value
$1,222,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,994
Avg. Annual Appreciation
13.96%
Original Mortgage
$654,800
Outstanding Balance
$635,615
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$586,879
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
Conner John $818,500 Old Republic Title
Conner John $818,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conner John $654,800
Closed Conner John $654,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $818,500 +17.1% --
11/03/2022 11/03/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $699,000 -- --
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 $13,679 $642,200 $415,400 $226,800
2024 $13,223 $642,200 $415,400 $226,800
Source: Public Records

Agents Affiliated with this Home

  • Susan Oldendorp

    Seller's Agent in 2022

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    145 in this area

    518 Total Sales

    Susan Oldendorp
    Section Image
  • Fred Wynne

    Buyer's Agent in 2022

    Fred Wynne

    WEICHERT REALTORS

    (973) 885-6453

    2 in this area

    43 Total Sales

    Fred Wynne
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3814665

Garden State MLS

APN: 17-03702-0000-00029

New Jersey Morris County Madison 07940

51 Prospect St, Madison, NJ

Not Listed for Sale

Detached

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