NOT LISTED FOR SALE

7 Colonial Way Madison, NJ 07940

Estimated Value: $2,065,697 - $2,714,000

-- Bed
-- Bath
3,688 Sq Ft
$639/Sq Ft Est. Value

About This Home

This home is located at 7 Colonial Way, Madison, NJ 07940 and is currently estimated at $2,357,232, approximately $639 per square foot. 7 Colonial Way is a home located in Morris County with nearby schools including Torey J. Sabatini School, Madison Junior School, and Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2005
Sold by
Schaenen Douglas
Bought by
Schaenen Douglas and Schaenen Mary
Current Estimated Value
$2,357,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Mcdonagh Thomas
Bought by
Schaenen Douglas and Schaenen Mary
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Schaenen Douglas -- --
Schaenen Douglas $1,652,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaenen Mary F $100,000
Open Schaenen Douglas K $400,000
Closed Schaenen Douglas K $225,000
Closed Schaenen Douglas K $250,000
Closed Schaenen Douglas K $500,000
Source: Public Records

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 $29,260 $1,421,100 $764,800 $656,300
2023 $29,260 $1,421,100 $764,800 $656,300
2022 $28,791 $1,421,100 $764,800 $656,300
2021 $28,493 $1,421,100 $764,800 $656,300
2020 $28,493 $1,421,100 $764,800 $656,300
2019 $27,227 $1,380,000 $764,800 $615,200
2018 $27,339 $1,421,700 $764,800 $656,900
2017 $27,126 $1,421,700 $764,800 $656,900
2016 $26,657 $1,421,700 $764,800 $656,900
2015 $26,159 $1,421,700 $764,800 $656,900
2014 $25,278 $1,400,700 $764,800 $635,900
Source: Public Records

Map

New Jersey Morris County Madison 07940

7 Colonial Way, Madison, NJ

This home is located at 7 Colonial Way, Madison, NJ 07940 and is currently estimated at $2,357,232, approximately $639 per square foot. 7 Colonial Way 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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