NOT LISTED FOR SALE

54 Brooklake Rd Madison, NJ 07940

Estimated Value: $558,000 - $786,000

3 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $500,000

Est. 42% increase in value since last sale

Current estimated payment $4,491/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Kings Road School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of June 2021

Ready for updating! This Cape is situated in the popular community of Madison, with its top-rated schools, charming downtown district, & Manhattan Direct Train. Voted #1 Town by NJ Monthly in 2019! Needs TLC throughout. Features include 1st-floor bedroom, hardwood under some carpets, LR with fireplace, formal dining room, eat-in kitchen, one car garage, rear deck & large, level lot. A large parking area can accommodate multiple vehicles. Elevated deck for outdoor enjoyment just off kitchen. Walkout basement with one car garage & auto opener. Newer HVAC, water heater. Loads of potential to renovate & expand. Easy to Chatham OR Madison Manhattan Direct Train stations, shops, restaurants & more! Fences & Shed are "as-is" Fireplace/chimney "as-is". Built date is incorrect in tax records. Deed confirms 1956.

Last Agent to Sell the Property

VALARIE ELLIS-FRIEDMAN

RE/MAX ACHIEVERS Listed on: 04/05/2021

RE/MAX ACHIEVERS

Last Buyer's Agent

MARLENE VEGTER

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,151

Year Built

  • Built in 1956

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Open Lot
  • Property is zoned RES/R3

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Kingsroad Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-02305-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,151

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1956
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 54
  • Directions: Brooklake Rd between Fletcher and Delbarton
  • I D: 5060631
  • Modified: 2022-06-05
  • Number Images: 1
  • First Name: VALARIE
  • First Name3: MARLENE
  • Last Name: ELLIS-FRIEDMAN
  • Last Name3: VEGTER
  • Office Phone: 973-377-5025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallShw, TubShowr
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Full, Unfinished, Walkout
  • Basement Level Rooms: GarEnter, Laundry Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 21x14
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 973-701-1200

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Storage Shed, Thermal Windows/Doors, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Crushed Stone, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

  • Elementary School: KingsRoad
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 63x155
  • Assessed Improvement Value: 134200
  • Assessed Land Value: 222500
  • Assessment: 356700
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Total Acres: 0.22
  • Zoning: RES/R3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7151
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-02305-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: KingsRoad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 1, 2021
Sold by
Montagna Anthony F and Capabionco Rita
Bought by
Ramirez Rolando and Capabionco Jannethe
Seller's Agent
VALARIE ELLIS-FRIEDMAN
RE/MAX ACHIEVERS
Buyer's Agent
MARLENE VEGTER
WEICHERT REALTORS
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Current Estimated Value
$711,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,941
Avg. Annual Appreciation
6.94%
Original Mortgage
$425,000
Outstanding Balance
$388,950
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$273,934
Source: Public Records

Range of Values:

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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
Ramirez Rolando $500,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Rolando $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $500,000 -2.0% --
04/16/2021 04/16/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $510,000 -- --
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
2024 $7,344 $356,700 $222,500 $134,200
2023 $7,344 $356,700 $222,500 $134,200
2022 $6,441 $356,700 $222,500 $134,200
2021 $6,441 $356,700 $222,500 $134,200
2020 $7,152 $356,700 $222,500 $134,200
2019 $7,038 $356,700 $222,500 $134,200
2018 $6,859 $356,700 $222,500 $134,200
2017 $6,806 $356,700 $222,500 $134,200
2016 $6,688 $356,700 $222,500 $134,200
2015 $6,313 $356,700 $222,500 $134,200
2014 $6,092 $356,700 $222,500 $134,200
Source: Public Records

Agents Affiliated with this Home

  • VALARIE ELLIS-FRIEDMAN

    Seller's Agent in 2021

    VALARIE ELLIS-FRIEDMAN

    RE/MAX

    (973) 610-3855

    23 in this area

    65 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    MARLENE VEGTER

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3702625

Garden State MLS

APN: 17-02305-0000-00009

New Jersey Morris County Madison 07940

54 Brooklake Rd, Madison, NJ

This home is located at 54 Brooklake Rd, Madison, NJ 07940 since 05 April 2021 and is currently estimated at $711,941. This property was built in 1956. 54 Brooklake Rd is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

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