NOT LISTED FOR SALE

53 Madison Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,118,000 - $1,295,027

3 Beds
2 Baths
1,544 Sq Ft
$794/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2025

Last sale price $1,150,000 $745 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,647 / mo

7 Days on Market

About This Home

As of July 2025

This home is located at 53 Madison Ave, Summit, NJ 07901 since 28 May 2025 and is currently estimated at $1,225,257, approximately $793 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Lot Details

10,019 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 5359727
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jul 9, 2025
Sold by
Bought by
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
$1,225,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,257
Avg. Annual Appreciation
6.22%
Original Mortgage
$650,000
Outstanding Balance
$641,617
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$583,640

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 1, 2021
Sold by
Bought by
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
Bought by
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

Closed on
Dec 15, 2008
Sold by
Bought by

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
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    173 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    333 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    74 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    48 Total Sales

    1 in Summit

    $815,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    79 Total Sales

    2 in Summit

    $420K - $1.6M Price Range

    Steph Mahon
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,000
Previous Owner $607,200
Previous Owner $529,250
Previous Owner $442,500
Previous Owner $389,900
Previous Owner $60,000
Previous Owner $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,941 $244,700 $152,300 $92,400
2025 $10,941 $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 Real Estate Agent - PROMINENT PROPERTIES SIR

    Buyer's Agent in 2025

    Cynthia Bienemann

    PROMINENT PROPERTIES SIR

    (973) 652-4336

    54 Total Sales

    Cynthia Bienemann
    Section Image
  • Elaine Lim Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller's Agent in 2021

    Elaine Lim

    PROMINENT PROPERTIES SIR

    (201) 888-7799

    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 Real Estate Agent - WEICHERT REALTORS

    Buyer's Agent in 2018

    Helen Lim

    WEICHERT REALTORS

    (908) 507-2428

    50 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

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Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



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