Margaret DeFazio
COLDWELL BANKER REALTY
(862) 325-5359
31 Total Sales
1 in Madison
$799,000 Price
7 Independence Ct Madison, NJ 07940
Madison AreaEstimated Value: $2,073,000 - $2,630,000
5
Beds
6
Baths
5,501
Sq Ft
$442/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Recreation Room
- Kings Road School Rated A
- Family Room with Fireplace
- Home Office
About This Home
As of June 2022Move right in, NOT A THING needs to be done to this 5 Bedroom, 4 Full and 2 Half Bath regal brick colonial on a quiet cul de sac in sought after Madison close to downtown Madison/Chatham, Midtown Direct Train, and top-notch Madison schools (Kings Road Elementary). Incredible woodwork and leaded glass transoms. Dramatic 2-Story Entry Foyer. Elegant Living Room with fireplace. Gracious Dining Room. Chef's Kitchen with custom cabinetry, 2 tiered island, high-end appliances, and a pretty Breakfast Room with a vaulted ceiling. Sunken Family Room with fireplace off Kitchen. Refined Office with custom built-ins. 1st Level includes Laundry and ensuite Guest Room/2nd Office. Luxurious Primary Suite with 2 Walk-In Closets and NEW spa-like Bath. All other bedrooms are sunny, spacious, and include tremendous closets. Entertainer's DREAM Lower Level with Recreation/Game Room, Kitchenette, Half Bath, and a great area for a Mud Room. Meticulously landscaped property in a private idyllic setting with Deck and Patio. 3 Car Garage with tons of storage! This home, located in one of Madison's best locations, is a must see for serious Madison buyers!
Last Agent to Sell the Property
SUSAN ADLER
KELLER WILLIAMS REALTY Listed on: 04/06/2022
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,196
Year Built
- Built in 1991
Lot Details
- 17,424 Sq Ft Lot
- Cul-De-Sac
Parking
- 3 Car Attached Garage
- Additional Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 5,501 Sq Ft Home
- Central Vacuum
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Home Gym
- Finished Basement
- Garage Access
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- Kingsroad Elementary School
- Madison Jr Middle School
- Madison High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Hot Water Baseboard Heater
- Standard Electricity
Listing and Financial Details
- Assessor Parcel Number 2317-04805-0000-00009-0000-
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2022
Closed on
May 25, 2022
Sold by
Bought by
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
Kate Hamilton
THE AGENCY ONE ROCK
List Price
$1,699,000
Sold Price
$1,800,000
Premium/Discount to List
$101,000
5.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,118
Avg. Annual Appreciation
7.36%
Original Mortgage
$1,330,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 30, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 7, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison, NJ
-
Margaret DeFazio
-
Robin Dora
Robin Dora
KL SOTHEBY'S INT'L. REALTY
(973) 828-8238
105 Total Sales
1 in Madison
$740,000 Price
-
Steph Mahon
Steph Mahon
Compass New Jersey
(833) 669-4351
79 Total Sales
1 in Madison
$1,575,000 Price
-
Nicole Weaver
Nicole Weaver
Responds QuicklyKELLER WILLIAMS TOWNE SQUARE REAL
(855) 631-1636
42 Total Sales
1 in Madison
$870,000 Price
-
Catherine Smiley
Catherine Smiley
BHHS FOX & ROACH
(833) 359-9927
42 Total Sales
1 in Madison
$350,000 Price
-
Tom Heyl
Tom Heyl
KELLER WILLIAMS REALTY
(862) 707-2329
30 Total Sales
1 in Madison
$1,725,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,800,000 | American Land Title | ||
| $1,600,000 | Chicago Title Insurance Co | ||
| $2,125,000 | -- | ||
| $2,205,000 | -- | ||
| $925,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Previous Owner | $1,330,000 | ||
| Previous Owner | $415,000 | ||
| Previous Owner | $1,365,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2022 06/03/22 | Sold | $1,800,000 | +5.9% | $327 / Sq Ft |
| 04/19/2022 04/19/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | For Sale | $1,699,000 | -- | $309 / Sq Ft |
Source: Garden State MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $31,324 | $1,470,600 | $579,600 | $891,000 |
| 2025 | $31,324 | $1,470,600 | $579,600 | $891,000 |
| 2024 | $30,280 | $1,470,600 | $579,600 | $891,000 |
| 2023 | $30,280 | $1,470,600 | $579,600 | $891,000 |
| 2022 | $29,503 | $1,456,200 | $579,600 | $876,600 |
| 2021 | $29,503 | $1,456,200 | $579,600 | $876,600 |
| 2020 | $29,197 | $1,456,200 | $579,600 | $876,600 |
| 2019 | $28,731 | $1,456,200 | $579,600 | $876,600 |
| 2018 | $28,003 | $1,456,200 | $579,600 | $876,600 |
| 2017 | $27,784 | $1,456,200 | $579,600 | $876,600 |
| 2016 | $27,304 | $1,456,200 | $579,600 | $876,600 |
| 2015 | $26,794 | $1,456,200 | $579,600 | $876,600 |
| 2014 | $25,891 | $1,456,200 | $579,600 | $876,600 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2022
SUSAN ADLER
KELLER WILLIAMS REALTY
-
Kate Hamilton
Buyer's Agent in 2022
Kate Hamilton
Christie's Real Estate Northern NJ
(917) 576-5575
35 Total Sales
Map
Source: Garden State MLS
MLS Number: 3773807
APN: 17-04805-0000-00009
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