NOT LISTED FOR SALE

61 Madison Ave New Providence, NJ 07974

Estimated Value: $1,016,000 - $1,133,000

4 Beds
2.5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold May 08, 2017

Last sale price $705,000

Est. 52% increase in value since last sale

Current estimated payment $7,118/month

45 Days on Market

Highlights

  • Carriage House
  • Wood Flooring
  • Sun or Florida Room
  • New Providence High School Rated A
  • Jetted Tub in Primary Bathroom
  • High Ceiling

About This Home

As of May 2017

Classic Colonial w Carriage house, custom built garage w 2nd floor loft, master suite w walk-in closet and master bath featuring a whirlpool tub, Italian tile shower, large formal dining room, spacious family room w stone fireplace and wood mantle refurbished from an 1800 Church (great room for entertaining), eat-in kitchen w six foot slider going out to a stone patio and carriage house. One of New Providence's more beautiful tree-lined streets, walk to center of town, schools and New Jersey Transit.

Last Agent to Sell the Property

PETER M. SCOLLINS

WEINIGER REALTY Listed on: 02/04/2017

Last Buyer's Agent

KATHLEEN BARRETT

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,382

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Stone Driveway
  • Paver Block

Home Design

  • Carriage House
  • Colonial Architecture
  • Clapboard
  • Tile

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Salt Brook Elementary School
  • New Provms Middle School
  • New Provhs High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2911-00110-0000-00010-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,382

Year Built

Built in 1904 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1904
  • Year Built Description: Renovated
  • County Name: Union
  • Possible Other Uses: Home-Office
  • Renovated Year: 1995
  • Street Number Display: 61
  • Directions: Springfield to Madison
  • I D: 4685189
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: PETER M.
  • First Name3: KATHLEEN
  • Last Name: SCOLLINS
  • Last Name3: BARRETT
  • Office Phone: 908-561-1515
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1995

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: JacuzTyp, Walk-In Closet, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 4
  • 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, Jetted Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 21x11
  • Kitchen Level: First
  • Living Room Dim: 13x11
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 16x10
  • Other Room1 Level: First
  • Other Level Rooms: Loft
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Laundry Room, Sunroom, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Phone: 908-647-2000

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Carriage House, Patio, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Oversize Garage, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Crushed Stone, Paver Block

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Storage

Schools

  • Elementary School: Salt Brook
  • Middle School: New ProvMS
  • High School: New ProvHS
  • High School: New ProvHS
  • Middle Jr High School: New ProvMS

Lot Info

  • Lot Size: .230 AC -100 X 200
  • Assessed Improvement Value: 120200
  • Assessed Land Value: 143300
  • Assessment: 263500
  • Lot Description: Level Lot
  • Lot Identifier: 10.1
  • Lot I D Tax: *
  • Total Acres: 0.23
  • Zoning: residential

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: 12382
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2911-00110-0000-00010-0001-
  • Tax Rate Amount: 4.699
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Salt Brook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2017
Closed on
May 8, 2017
Sold by
Davis Brian T and Davis Helen M
Bought by
Arnold Eric H and Arnold Angela J
Seller's Agent
PETER M. SCOLLINS
WEINIGER REALTY
Buyer's Agent
KATHLEEN BARRETT
PROMINENT PROPERTIES SIR
List Price
$779,000
Sold Price
$705,000
Premium/Discount to List
-$74,000
-9.5%
Current Estimated Value
$1,072,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,460
Avg. Annual Appreciation
5.12%
Original Mortgage
$515,000
Outstanding Balance
$428,755
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$643,705

Purchase Details

Closed on
Jan 10, 1985
Bought by
Davis Brian T and Davis Helen M
Source: Public Records

Range of Values:

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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
Arnold Eric H $706,000 None Available
Davis Brian T $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Eric H $515,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $705,000 -9.5% --
03/21/2017 03/21/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $779,000 -- --
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 $16,916 $327,700 $143,300 $184,400
2024 $15,096 $327,700 $143,300 $184,400
2023 $15,096 $301,500 $143,300 $158,200
2022 $14,888 $301,500 $143,300 $158,200
2021 $14,780 $301,500 $143,300 $158,200
2020 $12,912 $263,500 $143,300 $120,200
2019 $12,832 $263,500 $143,300 $120,200
2018 $12,767 $263,500 $143,300 $120,200
2017 $12,558 $263,500 $143,300 $120,200
2016 $12,382 $263,500 $143,300 $120,200
2015 $12,211 $263,500 $143,300 $120,200
2014 $12,026 $263,500 $143,300 $120,200
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3362354

Garden State MLS

APN: 11-00110-0000-00010-01