NOT LISTED FOR SALE

56 Madison Ave Montclair, NJ 07042

Montclair South End Neighborhood

Estimated Value: $1,088,000 - $1,244,000

5 Beds
2.5 Baths
2,731 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $780,000 $286 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,323/month

9 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Wood Flooring
  • Nishuane School Rated A
  • Recreation Room
  • Corner Lot

About This Home

As of July 2021

Welcome home to this lovingly maintained, light filled and spacious colonial nestled on a wide tree-lined street in the beautiful south end. Oozing with character and charm from the lovely wood floors & high ceilings to the original moldings & beautiful built-ins. Wonderful natural flow from the large entry foyer & spacious living room to the generous E/I kitchen & separate dining rm. Cap it off w/ a sweet side porch perfect for a morning coffee or relaxing with friends. Loads of space to spread out w/ 3 large bedrooms & fully updated bath on the 2nd floor including an extra lg primary with sitting room/office. An additional 2 bedrooms and full bath on the third floor. Hang out in the large recreation room in the basement or enjoy the expansive patio outside! Close to NYC transportation and town.

Last Agent to Sell the Property

ALIZA MATTENSON

WEST OF HUDSON REAL ESTATE Listed on: 05/05/2021

Last Buyer's Agent

Erin Crawford

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,678

Year Built

  • Built in 1915

Lot Details

  • 6,665

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Partially Finished Basement
  • Front Basement Entry
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • Powder Room

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Additional Features

  • Patio
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 1613-04004-0000-00006-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,678

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1915
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: South on Elm Street, left on Linclon, right on Madison OR South on Ridgewood, right on Lincoln, left on Madison
  • I D: 5067572
  • First Name: ALIZA
  • First Name3: ERIN
  • Last Name: MATTENSON
  • Last Name3: CRAWFORD
  • Office Phone3: 973-634-1017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Toilet, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Vestibul
  • Other Room1 Level: First
  • Other Room 3: PowderRm
  • Other Room3 Level: First
  • Other Room 4: Bedroom
  • Other Room4 Level: Third
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, SittngRm
  • Level 3 Rooms: 2 Bedrooms, Bath Main
  • Phone: 973-337-6035

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 50X133 IRR
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15678
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-04004-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.179
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 7, 2021
Sold by
Richardson John W and Richardson Elizabeth L
Bought by
Dole Tia
Seller's Agent
ALIZA MATTENSON
WEST OF HUDSON REAL ESTATE
Buyer's Agent
Erin Crawford
KELLER WILLIAMS - NJ METRO GROUP
List Price
$719,000
Sold Price
$780,000
Premium/Discount to List
$61,000
8.48%
Current Estimated Value
$1,146,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,252
Avg. Annual Appreciation
8.85%
Original Mortgage
$624,000
Outstanding Balance
$566,701
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$579,551

Purchase Details

Closed on
Jun 30, 1994
Sold by
Williams Barbara
Bought by
Richardson John and Richardson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.24%
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
Dole Tia $780,000 Ridge Title Agency Llc
Richardson John $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dole Tia $624,000
Previous Owner Richardson John $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $780,000 +8.5% $286 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $719,000 -- $263 / 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 $16,670 $493,200 $182,900 $310,300
2024 $16,670 $493,200 $182,900 $310,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ALIZA MATTENSON

    WEST OF HUDSON REAL ESTATE

  • Erin Crawford

    Buyer's Agent in 2021

    Erin Crawford

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 783-7400

    2 in this area

    115 Total Sales

    Erin Crawford
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3709759

Garden State MLS

APN: 13-04004-0000-00006

New Jersey Essex County Montclair 07042 Montclair South End

56 Madison Ave, Montclair, NJ

Not Listed for Sale

Detached

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