NOT LISTED FOR SALE

58 Park Ave Madison, NJ 07940

Estimated Value: $850,000 - $1,089,576

5 Beds
2 Baths
-- Sq Ft
0.3 Acres

Last Sold June 07, 2024

Last sale price $800,000

Est. 24% increase in value since last sale

Current estimated payment $6,161/month

19 Days on Market

About This Home

As of June 2024

This home is located at 58 Park Ave, Madison, NJ 07940 since 14 February 2024 and is currently estimated at $995,144. This property was built in 1870. 58 Park Ave is a home located in Morris County with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

Susan Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 02/14/2024

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Rupal Kantharia

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,368

Year Built

  • Built in 1870

Lot Details

  • 0.3 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,368

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Year Built: 1870
  • County Name: Morris
  • Street Number Display: 58
  • I D: 5269054
  • Modified: 2025-06-08
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.300 AC
  • Total Acres: 0.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jun 7, 2024
Sold by
Mulcahy Joseph L and Donohue Shannon
Bought by
Bolton Erik Robert
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
Rupal Kantharia
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$790,000
Sold Price
$800,000
Premium/Discount to List
$10,000
1.27%
Views
224
Current Estimated Value
$995,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,144
Avg. Annual Appreciation
12.34%
Original Mortgage
$400,000
Outstanding Balance
$395,429
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$530,887

Purchase Details

Listed on
Dec 14, 2014
Closed on
Dec 19, 2014
Sold by
Marchese Rosemary
Bought by
Mulcahy Joseph and Donohue Shannon
Buyer's Agent
DIANE MCEVOY FOX
WEICHERT REALTORS
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$512,000
Interest Rate
3.99%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Bolton Erik Robert $800,000 American Land Title
Mulcahy Joseph $640,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolton Erik Robert $400,000
Previous Owner Mulcahy Joseph $500,000
Previous Owner Mulcahy Joseph $512,000
Previous Owner Marchese Salvatore $100,000
Previous Owner Marchese Salvatore $75,000
Previous Owner Marchese Salvatore $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $800,000 +1.3% --
03/18/2024 03/18/24 Pending -- -- --
03/14/2024 03/14/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $790,000 +23.4% --
12/14/2014 12/14/14 Sold $640,000 -- --
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
2025 $9,368 $439,800 $175,500 $264,300
2024 $9,055 $439,800 $175,500 $264,300
2023 $9,055 $439,800 $175,500 $264,300
2022 $8,910 $439,800 $175,500 $264,300
2021 $8,910 $439,800 $175,500 $264,300
2020 $8,818 $439,800 $175,500 $264,300
2019 $8,677 $439,800 $175,500 $264,300
2018 $8,457 $439,800 $175,500 $264,300
2017 $8,391 $439,800 $175,500 $264,300
2016 $8,246 $439,800 $175,500 $264,300
2015 $8,092 $439,800 $175,500 $264,300
2014 $7,820 $439,800 $175,500 $264,300
Source: Public Records

Agents Affiliated with this Home

  • Susan Oldendorp

    Seller's Agent in 2024

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    146 in this area

    533 Total Sales

    Susan Oldendorp
    Section Image
  • Rupal Kantharia

    Buyer's Agent in 2024

    Rupal Kantharia

    CHRISTIE'S INT. REAL ESTATE GROUP

    (201) 661-0700

    1 in this area

    6 Total Sales

    Rupal Kantharia
    Section Image

  • D

    Buyer's Agent in 2014

    DIANE MCEVOY FOX

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3885972

Garden State MLS

APN: 17-01302-0000-00010

New Jersey Morris County Madison 07940

58 Park Ave, Madison, NJ

This home is located at 58 Park Ave, Madison, NJ 07940 since 14 February 2024 and is currently estimated at $995,144. This property was built in 1870. 58 Park Ave is a home located in Morris County with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.

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