NOT LISTED FOR SALE

59 Myrtle Ave Madison, NJ 07940

Estimated Value: $1,009,069 - $1,100,000

4 Beds
3 Baths
2,084 Sq Ft
$507/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $680,000 $326 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,307/month

30 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • In-Law or Guest Suite
  • Central Avenue School Rated A
  • 2 Car Attached Garage
  • Living Room

About This Home

As of February 2021

Located minutes away from Madison s charming historic downtown district, this fully renovated home set on a 1/4 acre offers 4 bedrooms, 3 bathrooms and an in-law suite with its own separate entrance. Constructed over two levels with over 2,000 sq ft of living space, plus an additional 430 sq ft in the partially finished basement, this home enjoys abundant natural light and a layout designed for easy living and entertaining. Other highlights include central air, polished hardwood floors, stainless steel appliances, 2 car garage and plentiful storage. Schools, shops, dining & transportation within easy reach.

Last Agent to Sell the Property

Moe Shaltout

TOP VALUE REALTY Listed on: 11/11/2020

TOP VALUE REALTY

Co-Listed By

AHMED ABDELHALIEM

TOP VALUE REALTY

Last Buyer's Agent

JANE SCHELLING

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,876

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,084 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Multiple cooling system units
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 2317-00503-0000-00010-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,876

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Expanded Ranch
  • Primary Style: Expanded Ranch
  • Subproperty Type: Single Family
  • Year Built: 1957
  • Year Built Description: Renovated
  • County Name: Morris
  • Directions: Ridgedale Ave to Myrtle Ave
  • I D: 5031781
  • First Name: MOE
  • First Name2: AHMED
  • First Name3: JANE
  • Last Name: SHALTOUT
  • Last Name2: ABDELHALIEM
  • Last Name3: SCHELLING
  • Office Phone: 211221
  • Office Phone2: 973-769-6184
  • Office Phone3: 973-635-8200
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Partial, Walkout
  • Basement Level Rooms: Bath(s) Other, Laundry Room, Storage Room, Utility Room
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Kitchen, Living Room, SepEnter
  • Kitchen Area: Galley Type
  • Level 2 Rooms: 1 Bedroom, Bath Main, Kitchen, Laundry Room, LivDinRm, Pantry
  • Estimated Sq Ft: 2084
  • Ground Level Rooms: 3 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room, Outside Entrance
  • Phone: 866-877-5333

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 0.2583 AC
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.26

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8876
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00503-0000-00010-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.973
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 23, 2021
Sold by
Allocca John and Allocca Saverio
Bought by
Desantis Elizabeth T and Desantis Nicholas W
Seller's Agent
Moe Shaltout
TOP VALUE REALTY
Buyer's Agent
JANE SCHELLING
COLDWELL BANKER REALTY
List Price
$699,900
Sold Price
$680,000
Premium/Discount to List
-$19,900
-2.84%
Current Estimated Value
$1,055,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,767
Avg. Annual Appreciation
9.37%
Original Mortgage
$544,000
Outstanding Balance
$488,213
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$567,555
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
Desantis Elizabeth T $680,000 Techno Ttl & Abstract Agcy L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desantis Elizabeth T $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $680,000 -2.8% $326 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $699,900 -- $336 / 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 $10,081 $473,300 $203,400 $269,900
2024 $9,745 $473,300 $203,400 $269,900
2023 $9,745 $473,300 $203,400 $269,900
2022 $9,105 $473,300 $203,400 $269,900
2021 $9,105 $449,900 $203,400 $246,500
2020 $9,021 $449,900 $203,400 $246,500
2019 $8,877 $449,900 $203,400 $246,500
2018 $8,652 $449,900 $203,400 $246,500
2017 $8,584 $449,900 $203,400 $246,500
2016 $8,436 $449,900 $203,400 $246,500
2015 $8,278 $449,900 $203,400 $246,500
2014 $7,999 $449,900 $203,400 $246,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3678087

Garden State MLS

APN: 17-00503-0000-00010