61 Central Ave Unit 63 Madison, NJ 07940
Estimated Value: $662,000 - $1,195,000
--
Bed
--
Bath
2,592
Sq Ft
$375/Sq Ft
Est. Value
About This Home
This home is located at 61 Central Ave Unit 63, Madison, NJ 07940 and is currently estimated at $971,191, approximately $374 per square foot. 61 Central Ave Unit 63 is a home located in Morris County with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2011
Sold by
Jacob Ellis and Lippman Helen
Bought by
Carter Shelli
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,949
Outstanding Balance
$238,670
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$732,521
Purchase Details
Closed on
Dec 9, 1998
Sold by
Seitz Timothy and Karr Peggy
Bought by
Jacob Ellis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.6%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carter Shelli | $340,200 | None Available | |
| Jacob Ellis | $232,398 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carter Shelli | $344,949 | |
| Previous Owner | Jacob Ellis | $230,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,886 | $417,200 | $228,000 | $189,200 |
| 2024 | $8,590 | $417,200 | $228,000 | $189,200 |
| 2023 | $8,590 | $417,200 | $228,000 | $189,200 |
| 2022 | $8,452 | $417,200 | $228,000 | $189,200 |
| 2021 | $8,452 | $417,200 | $228,000 | $189,200 |
| 2020 | $8,365 | $417,200 | $228,000 | $189,200 |
| 2019 | $8,231 | $417,200 | $228,000 | $189,200 |
| 2018 | $8,023 | $417,200 | $228,000 | $189,200 |
| 2017 | $7,960 | $417,200 | $228,000 | $189,200 |
| 2016 | $7,823 | $417,200 | $228,000 | $189,200 |
| 2015 | $7,676 | $417,200 | $228,000 | $189,200 |
| 2014 | $7,418 | $417,200 | $228,000 | $189,200 |
Source: Public Records
Map
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