$1,150,000
SOLD JUL 14, 2025

53 Madison Ave Summit, NJ 07901

3 Beds
2 Baths
1,544 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$745 Per Sq Ft

15% Above List Price

7 Days on Market

About This Home

As of July 2025

This home is located at 53 Madison Ave, Summit, NJ 07901 and is currently priced at $1,150,000, approximately $744 per square foot. 53 Madison Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

YEKATERINA KAYE

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 05/28/2025

Last Buyer's Agent

Cynthia Bienemann

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,659

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,659

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 53
  • I D: 5359727
  • Modified: 2025-07-14
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 58X174
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jul 9, 2025
Sold by
Shannon Robert Andrew and Shannon Alyssa Nancy
Bought by
Feimer Donald Edward and Gibson Erin
Seller's Agent
YEKATERINA KAYE
COMPASS NEW JERSEY, LLC
Buyer's Agent
Cynthia Bienemann
PROMINENT PROPERTIES SIR
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%
Views
22
Current Estimated Value
$1,097,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,595
Avg. Annual Appreciation
-17.08%
Original Mortgage
$650,000
Outstanding Balance
$648,506
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$448,899

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 1, 2021
Sold by
Yoo Byoung Hark and Park Ji Na
Bought by
Shannon Robert Andrew and Shannon Alyssa Nancy
Seller's Agent
Elaine Lim
PROMINENT PROPERTIES SIR
Buyer's Agent
YEKATERINA KAYE
COMPASS NEW JERSEY, LLC
List Price
$759,000
Sold Price
$759,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$607,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 28, 2018
Sold by
Kileen Kristen and Bieri Alexandre
Bought by
Yoo Byoung Hark and Park Ji Na
Seller's Agent
KRISTIN HARRINGTON
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Helen Lim
WEICHERT REALTORS
List Price
$710,000
Sold Price
$730,000
Premium/Discount to List
$20,000
2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$529,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2015
Closed on
Mar 7, 2016
Sold by
Werbel Rebecca
Bought by
Killeen Kristen and Bieri Alexandre
Seller's Agent
Michelle Daniher
COMPASS NEW JERSEY, LLC
Buyer's Agent
Pamela 'Jill' Sockwell
COMPASS NEW JERSEY, LLC
List Price
$687,000
Sold Price
$677,500
Premium/Discount to List
-$9,500
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$442,500
Interest Rate
3.64%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Fernandes Antonio R and Fernandes Maria
Bought by
Werbel Rebecca and Cukierman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2007
Sold by
Formichella Anthony J
Bought by
Fernandes Antonio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $1,150,000 Green Hill Title
Deed $759,000 Westcor Land Title Ins Co
Deed $730,000 American Land Title Assn
Deed -- --
Deed $586,596 None Available
Deed $530,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Previous Owner $607,200 New Conventional
Previous Owner $529,250 New Conventional
Previous Owner $442,500 No Value Available
Previous Owner -- No Value Available
Previous Owner $389,900 Purchase Money Mortgage
Previous Owner $60,000 Credit Line Revolving
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2025 07/14/25 Sold $1,150,000 +15.1% $745 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $999,000 +31.6% $647 / Sq Ft
04/01/2021 04/01/21 Sold $759,000 0.0% $492 / Sq Ft View Prior Sale
02/18/2021 02/18/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $759,000 +4.0% $492 / Sq Ft
07/02/2018 07/02/18 Sold $730,000 +2.8% $473 / Sq Ft View Prior Sale
04/20/2018 04/20/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $710,000 +4.8% $460 / Sq Ft
02/26/2016 02/26/16 Sold $677,500 -1.4% $439 / Sq Ft View Prior Sale
01/15/2016 01/15/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $687,000 -- $445 / 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 $10,659 $244,700 $152,300 $92,400
2024 $10,588 $244,700 $152,300 $92,400
2023 $10,588 $244,700 $152,300 $92,400
2022 $10,481 $244,700 $152,300 $92,400
2021 $10,564 $244,700 $152,300 $92,400
2020 $10,669 $244,700 $152,300 $92,400
2019 $10,681 $244,700 $152,300 $92,400
2018 $10,613 $244,700 $152,300 $92,400
2017 $10,681 $244,700 $152,300 $92,400
2016 $10,525 $244,700 $152,300 $92,400
2015 $10,319 $244,700 $152,300 $92,400
2014 $10,052 $244,700 $152,300 $92,400
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2025

    YEKATERINA KAYE

    COMPASS NEW JERSEY, LLC

  • Cynthia Bienemann

    Buyer's Agent in 2025

    Cynthia Bienemann

    PROMINENT PROPERTIES SIR

    (973) 652-4336

    12 in this area

    62 Total Sales

    Cynthia Bienemann
    Section Image
  • Elaine Lim

    Seller's Agent in 2021

    Elaine Lim

    PROMINENT PROPERTIES SIR

    (201) 888-7799

    1 in this area

    15 Total Sales

    Elaine Lim
    Section Image

  • K

    Seller's Agent in 2018

    KRISTIN HARRINGTON

    KL SOTHEBY'S INT'L. REALTY

  • S

    Seller Co-Listing Agent in 2018

    SHANNON RILEY

    KL SOTHEBY'S INT'L. REALTY

  • Helen Lim

    Buyer's Agent in 2018

    Helen Lim

    WEICHERT REALTORS

    (908) 507-2428

    53 Total Sales

    Helen Lim
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3965508

Garden State MLS

APN: 18-00801-0000-00016

New Jersey Union County Summit 07901

53 Madison Ave, Summit, NJ

This home is located at 53 Madison Ave, Summit, NJ 07901 and is currently priced at $1,150,000, approximately $744 per square foot. 53 Madison Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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