NOT LISTED FOR SALE

7 Essex Place Madison, NJ 07940

Estimated Value: $766,662 - $859,000

3 Beds
1 Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 06, 2019

Last sale price $525,000

Est. 57% increase in value since last sale

Current estimated payment $5,185/month

50 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Sun or Florida Room
  • Kings Road School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2019

Remarkable opportunity. Exceptionally well maintained 3 bedrm home situated on a quiet side street. Large level manicured backyard. CAC. Newer Andersen windows throughout (app 2015). Hardwood Floors. Long list of amenities distinguish this Madison home as one of the best values town: Recessed lights in every room. Wood-burning fireplace in the Living Room. Boiler new in 2016 (app). Hardwood floor throughout 1st and second floors. 32 x 13 Aztec deck overlooking large backyard (new 2013 app). Underground sprinkler system. Newer washer/dryer included in sale. All custom Levolor blinds included.

Last Agent to Sell the Property

ERNEST E SMITH JR

BHHS FOX & ROACH Listed on: 06/06/2019

Last Buyer's Agent

ANN MARIE BATTAGLIA

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,632

Lot Details

  • 8,712 Sq Ft Lot
  • Sprinkler System

Parking

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

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Kingsroad Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2317-05201-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,632

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 7
  • Directions: Kings Road or Main Street to Union Ave to Essex Place
  • I D: 4903876
  • Modified: 2021-09-23
  • Number Images: 19
  • First Name: ERNEST E
  • First Name3: ANN MARIE
  • Last Name: SMITH JR
  • Last Name3: BATTAGLIA
  • Office Phone: 908-625-4101
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Water Softener-Own, Disposal, Dryer
  • Interior Amenities: TubShowr, Blinds, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: First
  • Family Room Level: Ground
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 11x9
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 13x13
  • Other Room1 Level: First
  • Level 1 Rooms: Utility Room, Living Room, Dining Room, Sunroom, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Ground Level Rooms: Utility Room, GarEnter, Rec Room
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Storage Shed, Underground Lawn Sprinkler, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage, InEntrnc
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: KingsRoad
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 75X114 AV
  • Assessed Improvement Value: 194500
  • Assessed Land Value: 254400
  • Assessment: 448900
  • Easement: Unknown
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8632
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-05201-0000-00005-0000-
  • Tax Rate Amount: 1.923
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: KingsRoad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Sep 3, 2019
Sold by
Serillo Deborah A
Bought by
Clemente Robert A
Seller's Agent
ERNEST E SMITH JR
BHHS FOX & ROACH
Buyer's Agent
ANN MARIE BATTAGLIA
KL SOTHEBY'S INT'L. REALTY
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$823,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,666
Avg. Annual Appreciation
7.40%
Original Mortgage
$420,000
Outstanding Balance
$367,941
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$438,858
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
Clemente Robert A $525,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemente Robert A $420,000
Previous Owner Serillo Robert J $209,800
Previous Owner Serillo Robert J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $525,000 -2.6% --
07/26/2019 07/26/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $539,000 -1.8% --
06/06/2019 06/06/19 For Sale $549,000 -- --
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 $9,562 $448,900 $254,400 $194,500
2024 $9,243 $448,900 $254,400 $194,500
2023 $9,243 $448,900 $254,400 $194,500
2022 $9,095 $448,900 $254,400 $194,500
2021 $9,095 $448,900 $254,400 $194,500
2020 $9,000 $448,900 $254,400 $194,500
2019 $8,857 $448,900 $254,400 $194,500
2018 $8,632 $448,900 $254,400 $194,500
2017 $8,565 $448,900 $254,400 $194,500
2016 $8,417 $448,900 $254,400 $194,500
2015 $8,260 $448,900 $254,400 $194,500
2014 $7,981 $448,900 $254,400 $194,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    ERNEST E SMITH JR

    BHHS FOX & ROACH

  • A

    Buyer's Agent in 2019

    ANN MARIE BATTAGLIA

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3563421

Garden State MLS

APN: 17-05201-0000-00005

New Jersey Morris County Madison 07940

7 Essex Place, Madison, NJ

This home is located at 7 Essex Place, Madison, NJ 07940 since 06 June 2019 and is currently estimated at $823,666. 7 Essex Place is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

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