NOT LISTED FOR SALE

56 Madison St Newton, NJ 07860

Estimated Value: $316,000 - $386,000

-- Bed
-- Bath
1,664 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $173,000 $104 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,625/month

17 Days on Market

About This Home

As of May 2017

This home is located at 56 Madison St, Newton, NJ 07860 since 07 March 2017 and is currently estimated at $358,965, approximately $215 per square foot. This property was built in 1880. 56 Madison St is a home located in Sussex County with nearby schools including Merriam Avenue School, Halsted Street Middle School, and Newton High School.

Last Listed By

Susan Pasquali

BHHS GROSS AND JANSEN REALTORS Brokerage Phone: 973-729-8727 Listed on: 03/07/2017

BHHS GROSS AND JANSEN REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,375

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,375

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Year Built: 1880
  • County Name: Sussex
  • Street Number Display: 56
  • I D: 4694883
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-729-8727
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 00000.105 AC.
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 31, 2017
Sold by
Gleason Richard A
Bought by
Russo Paul and Russo Kathleen
Seller's Agent
Susan Pasquali
BHHS GROSS AND JANSEN REALTORS
Buyer's Agent
Susan Pasquali
BHHS GROSS AND JANSEN REALTORS
List Price
$185,000
Sold Price
$173,000
Premium/Discount to List
-$12,000
-6.49%
Total Days on Market
17
Current Estimated Value
$358,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,965
Avg. Annual Appreciation
9.87%

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 Buyer Sale Price Title Company
Russo Paul $173,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gleason Richard A $100,000
Previous Owner Gleason Richard A $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $173,000 -6.5% $104 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $185,000 -- $111 / 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 $7,375 $330,800 $65,300 $265,500
2023 $7,375 $164,100 $60,300 $103,800
2022 $7,371 $164,100 $60,300 $103,800
2021 $7,371 $164,100 $60,300 $103,800
2020 $7,258 $164,100 $60,300 $103,800
2019 $7,033 $164,100 $60,300 $103,800
2018 $6,996 $164,100 $60,300 $103,800
2017 $8,281 $195,400 $60,300 $135,100
2016 $8,148 $195,400 $60,300 $135,100
2015 $7,933 $195,400 $60,300 $135,100
2014 $7,769 $195,400 $60,300 $135,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3370075

Garden State MLS

APN: 15 00014- 02-00024