NOT LISTED FOR SALE

60 Lathrop Ave Madison, NJ 07940

Estimated Value: $1,375,000 - $1,741,000

5 Beds
6 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $1,130,000

Est. 40% increase in value since last sale

Current estimated payment $10,096/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • High Ceiling
  • Torey J. Sabatini School Rated A
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of July 2020

Completed New Construction with a quick close! 4 Levels of tasteful finishes. Best priced new construction in town!! Many upscale features throughout. Exceptional value in sought after Madison! Voted Best Town by NJ Monthly 2019!! 4 BRS on 2nd flr includes Luxury Master with his/her walk-ins & large bath, 2nd BR with en-suite bath, 2 addt'l BRS, hall full bath & laundry. Don't miss the extensive finished lower level with BR (5th), full bath & rec room. Perfect for guests! 3rd floor is also finished with a bonus room and half bath. Level rear PRIVATE yard. Underground sprinklers, paved driveway & more! Property Taxes TBD. Garbage and sewer included in taxes.

Last Agent to Sell the Property

VALARIE ELLIS-FRIEDMAN

RE/MAX ACHIEVERS Listed on: 05/14/2020

RE/MAX ACHIEVERS

Last Buyer's Agent

Susan Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,479

Year Built

  • Built in 2019

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Tile

Interior Spaces

  • High Ceiling
  • Ventless Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Torey J. Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating System
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-04305-0000-00005-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,479

Year Built

Built in 2019

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2019
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 60
  • Directions: Green Village to Lathrop or Woodland to Gibbons to Lathrop
  • I D: 4981211
  • Modified: 2021-09-23
  • Number Images: 1
  • Section Subdiv Development: The Orchard
  • First Name: VALARIE
  • First Name3: SUSAN
  • Last Name: ELLIS-FRIEDMAN
  • Last Name3: OLDENDORP
  • Office Phone: 973-377-5025
  • Office Phone3: 201-400-8714
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Ventless
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, StallShw, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, FamilyRm, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 20x11
  • Kitchen Level: First
  • Living Room Dim: 12x12
  • Living Room Level: First
  • Other Room 1: Leisure Room
  • Other Room1 Dim: 25x15
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Dim: 14x12
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Dim: 24x20
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Level: Second
  • Level 1 Rooms: Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Leisure, Office, Powder Room, Storage Room
  • Phone: 973-701-1200

Exterior Features

  • Exterior Description: ConcBrd
  • Exterior Features: Curbs, Patio, Sidewalk, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

  • Elementary School: Torey J.
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 0.189
  • Assessed Improvement Value: 25000
  • Assessed Land Value: 303400
  • Assessment: 328400
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 5
  • Lot Size Tax: *
  • Total Acres: 0.19
  • Zoning: RES

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: 6479
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-04305-0000-00005-0001-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.973
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Torey J.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 29, 2020
Sold by
Due Amici Investments Llc
Bought by
Balasubramaniam Karthik and Sundaram Vidyanjali
Seller's Agent
VALARIE ELLIS-FRIEDMAN
RE/MAX ACHIEVERS
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Current Estimated Value
$1,583,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,683
Avg. Annual Appreciation
6.54%
Original Mortgage
$765,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Balasubramaniam Karthik $1,130,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balasubramaniam Karthik $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $1,130,000 -5.8% --
06/24/2020 06/24/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,200,000 -- --
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 $17,600 $854,800 $303,400 $551,400
2023 $17,600 $854,800 $303,400 $551,400
2022 $17,318 $854,800 $303,400 $551,400
2021 $17,318 $854,800 $303,400 $551,400
2020 $8,088 $403,400 $303,400 $100,000
2019 $6,479 $328,400 $303,400 $25,000
Source: Public Records

Agents Affiliated with this Home

  • VALARIE ELLIS-FRIEDMAN

    Seller's Agent in 2020

    VALARIE ELLIS-FRIEDMAN

    RE/MAX

    (973) 610-3855

    23 in this area

    65 Total Sales

    Section Image
  • Susan Oldendorp

    Buyer's Agent in 2020

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    146 in this area

    531 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3632536

Garden State MLS

APN: 17-04305-0000-00005-01

New Jersey Morris County Madison 07940

60 Lathrop Ave, Madison, NJ

This home is located at 60 Lathrop Ave, Madison, NJ 07940 since 14 May 2020 and is currently estimated at $1,583,683. This property was built in 2019. 60 Lathrop Ave is a home located in Morris County with nearby schools including Torey J. Sabatini School, Madison Junior School, and Madison High School.

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