NOT LISTED FOR SALE

7 Rosemont Ave Madison, NJ 07940

Estimated Value: $853,000 - $945,000

3 Beds
2 Baths
1,260 Sq Ft
$713/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $765,000 $607 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,668/month

5 Days on Market

About This Home

As of May 2021

This home is located at 7 Rosemont Ave, Madison, NJ 07940 since 14 April 2021 and is currently estimated at $897,981, approximately $712 per square foot. This property was built in 1948. 7 Rosemont Ave is a home located in Morris County with nearby schools including Torey J. Sabatini School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

Deirdre MAHANEY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-2991 Listed on: 04/14/2021

PROMINENT PROPERTIES SIR

Last Buyer's Agent

ANDREW CASSE

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,301

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,301

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • County Name: Morris
  • Street Number Display: 7
  • I D: 5063088
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.136 AC
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 19, 2021
Sold by
Pappa Damian C and Pappa Cynthia A
Bought by
Kerwin Bryan H and Kerwin Lauren K
Seller's Agent
Deirdre MAHANEY
PROMINENT PROPERTIES SIR
Buyer's Agent
ANDREW CASSE
EXP REALTY, LLC
List Price
$689,000
Sold Price
$765,000
Premium/Discount to List
$76,000
11.03%
Current Estimated Value
$897,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,981
Avg. Annual Appreciation
3.48%
Original Mortgage
$688,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2008
Sold by
Wiacek Alexandrina J and Wiacek Alphonse
Bought by
Pappa Damian C and Pappa Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1997
Sold by
Wiacek Alphonse and Wiacek Alexandrina J
Bought by
Wiacek Alphonse and Wiacek Alexandrina J
Source: Public Records

Range of Values:

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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
Kerwin Bryan H $765,000 Old Republic Title
Pappa Damian C $420,000 None Available
Wiacek Alphonse -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerwin Bryan H $688,500
Previous Owner Pappa Damian C $488,000
Previous Owner Pappa Damian C $459,100
Previous Owner Pappa Damian C $408,000
Previous Owner Pappa Damian C $367,000
Previous Owner Pappa Damian C $40,000
Previous Owner Pappa Damian C $25,000
Previous Owner Pappa Damian C $346,760
Previous Owner Pappa Damian C $350,000
Previous Owner Wiacek Alexandrina $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $765,000 +11.0% $607 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $689,000 -- $547 / Sq Ft
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
2024 $9,301 $464,400 $295,400 $169,000
2023 $9,301 $451,700 $295,400 $156,300
2022 $8,937 $451,700 $295,400 $156,300
2021 $8,937 $441,100 $295,400 $145,700
2020 $8,844 $441,100 $295,400 $145,700
2019 $8,703 $441,100 $295,400 $145,700
2018 $8,482 $441,100 $295,400 $145,700
2017 $8,416 $441,100 $295,400 $145,700
2016 $8,149 $434,600 $295,400 $139,200
2015 $7,997 $434,600 $295,400 $139,200
2014 $7,727 $434,600 $295,400 $139,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3704838

Garden State MLS

APN: 17-00305-0000-00020