$946,000
SOLD NOV 25, 2024

53 Fairwood Rd Madison, NJ 07940

3 Beds
2 Baths
1,816 Sq Ft
0.26 Acres

Recently Sold

$521 Per Sq Ft

2% Above List Price

14 Days on Market

About This Home

As of November 2024

This home is located at 53 Fairwood Rd, Madison, NJ 07940 and is currently priced at $946,000, approximately $520 per square foot. 53 Fairwood Rd is a home located in Morris County with nearby schools including Torey J. Sabatini School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

Deirdre MAHANEY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/09/2024

PROMINENT PROPERTIES SIR

Co-Listed By

JOANNE C. MAHANEY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

JOANNE C. MAHANEY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,798

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,798

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 53
  • I D: 5310587
  • Modified: 2024-11-25
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 61X188 AV
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 20, 2024
Sold by
Ratzman Nina and Ratzman Renee
Bought by
Meade Dylan and Meade Jaclyn
Seller's Agent
Deirdre MAHANEY
PROMINENT PROPERTIES SIR
Buyer's Agent
JOANNE C. MAHANEY
PROMINENT PROPERTIES SIR
List Price
$925,000
Sold Price
$946,000
Premium/Discount to List
$21,000
2.27%
Views
29
Current Estimated Value
$976,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,831
Avg. Annual Appreciation
1.56%
Original Mortgage
$756,800
Outstanding Balance
$754,009
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$202,160

Purchase Details

Closed on
Jul 8, 2002
Sold by
Sheets Kathleen
Bought by
Hoskam Michael and Ratzman Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.79%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $946,000 First American Title
Deed $488,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $756,800 New Conventional
Previous Owner $175,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $946,000 +2.3% $521 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $925,000 -- $509 / 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 $11,798 $573,000 $306,900 $266,100
2023 $11,798 $573,000 $306,900 $266,100
2022 $9,929 $573,000 $306,900 $266,100
2021 $9,929 $573,000 $306,900 $266,100
2020 $11,489 $573,000 $306,900 $266,100
2019 $11,305 $573,000 $306,900 $266,100
2018 $11,019 $573,000 $306,900 $266,100
2017 $10,933 $573,000 $306,900 $266,100
2016 $10,744 $573,000 $306,900 $266,100
2015 $10,543 $573,000 $306,900 $266,100
2014 $10,188 $573,000 $306,900 $266,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3922854

Garden State MLS

APN: 17-00208-0000-00010