NOT LISTED FOR SALE

8 Beverly Rd Madison, NJ 07940

Estimated Value: $3,032,000 - $3,151,569

6 Beds
4.5 Baths
5,000 Sq Ft
$620/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $2,600,000 $520 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $19,490/month

9 Days on Market

Highlights

  • Home Theater
  • 0.43 Acre Lot
  • Family Room with Fireplace
  • Kings Road School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of April 2022

This beautiful center hall colonial in NJ Monthly's Number 1 town has approximately 5,000 square feet of living space! There are a total of 15 Rooms including 6 bedrooms and four full and one half bath, a beautiful first floor office, media room on the third floor, and a large fully finished basement that can be accessed from two different first floor entry points. Upon entering the spacious foyer, you are immediately aware of the craftsmanship that went into building this home. With lots of millwork, built ins and a coffered ceiling, this home is both spacious and elegant. Enjoy the formal living room and dining room with an adjoining butler's pantry. The kitchen has stainless appliances, six burner stove, and a center island that is perfect for both entertaining and daily living. The family room is large with high ceilings and beautiful trim work. Step through the French doors in the kitchen to the blue stone patio and gorgeous professionally landscaped yard. There are multiple heating and cooling units, a whole house generator, sprinkler system, alarm system and more. Located close to all that Madison has to offer including shopping, parks, walking trails, trains to NYC and the Newark Intl airport. 8 Beverly Road truly has it all.

Last Agent to Sell the Property

Amy Spelker

COLDWELL BANKER REALTY Listed on: 03/01/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Kristin Winter

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,850

Year Built

  • Built in 2011

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Clapboard
  • Tile

Interior Spaces

  • 5,000 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Shades
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-03904-0000-00030-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,850

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2011
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: All window treatments
  • Street Number Display: 8
  • Directions: Woodland Road or Kings Road to Samson Ave to Beverly Road
  • I D: 5132801
  • Modified: 2023-04-30
  • Number Images: 27
  • Section Subdiv Development: Hill section
  • First Name: AMY
  • First Name3: KRISTIN
  • Last Name: SPELKER
  • Last Name3: WINTER
  • Office Phone: 973-377-4444
  • Office Phone3: 973 635-3290
  • Attribution Contact: 973-377-4444
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, CookGas, Dishwasher, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Sump Pump, OvnWElec, Washer
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Shades, Smoke Detector, StallShw, Window Treatments
  • Number Rooms: 15
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 14x25
  • Kitchen Level: First
  • Living Room Dim: 13x16
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 13x12
  • Other Room1 Level: First
  • Other Room 2: Media Room
  • Other Room2 Dim: 34x14
  • Other Room2 Level: Third
  • Other Room 3: Bedroom
  • Other Room3 Dim: 12x18
  • Other Room3 Level: Basement
  • Other Room 4: Game Room
  • Other Room4 Dim: 29x15
  • Other Room4 Level: Basement
  • Other Level Rooms: Additional Bedroom
  • Level 1 Rooms: Bath(s) Other, Dining Room, Entrance Vestibule, Family Room, Kitchen, Living Room, MudRoom, Office, Pantry
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Media Room
  • Estimated Sq Ft: 5000
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Humidifr
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 100X188
  • Assessed Improvement Value: 1187000
  • Assessed Land Value: 483800
  • Assessment: 1670800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 30
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.43

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 33850
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-03904-0000-00030-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.026
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: KingsRoad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 29, 2022
Sold by
Scott Ricciardelli Revocable Living Trus
Bought by
Seroussi Roy and Seroussi Marina
Seller's Agent
Amy Spelker
COLDWELL BANKER REALTY
Buyer's Agent
Kristin Winter
COLDWELL BANKER REALTY
List Price
$2,299,000
Sold Price
$2,600,000
Premium/Discount to List
$301,000
13.09%
Current Estimated Value
$3,099,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,190
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
May 17, 2012
Sold by
Ricciardelli Scott and Ricciardelli Erica
Bought by
Ricciardelli Scott and Ricciardelli Erica

Purchase Details

Closed on
Nov 8, 2011
Sold by
S Demarzo & Sons Llc
Bought by
Ricciardelli Scott and Ricciardelli Erica

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
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Gerhard Joseph V and Gerhard Nancy Ohanian
Bought by
S Demarzo & Sons Llc

Purchase Details

Closed on
Jun 15, 2001
Sold by
Dyer Michael
Bought by
Gerhard Joe and Gerhard Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
7.1%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Jandinski John J and Jandinski Mary M
Bought by
Dyer Michael B and Dyer Kathy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
6.51%
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
Seroussi Roy $2,600,000 Westcor Land Title
Ricciardelli Scott -- None Available
Ricciardelli Scott $1,825,000 None Available
S Demarzo & Sons Llc $750,000 Chicago Title Insurance Co
Gerhard Joe $649,000 --
Dyer Michael B $479,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricciardelli Scott $500,000
Previous Owner Vacchiano Carmen A $1,100,000
Previous Owner Gerhard Joseph $200,000
Previous Owner Gerhard Joe $519,200
Previous Owner Dyer Michael B $383,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $2,600,000 +13.1% $520 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $2,299,000 -- $460 / 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
2025 $35,731 $1,677,500 $483,800 $1,193,700
2024 $33,150 $1,677,500 $483,800 $1,193,700
2023 $33,150 $1,610,000 $483,800 $1,126,200
2022 $32,619 $1,670,800 $483,800 $1,187,000
2021 $32,619 $1,670,800 $483,800 $1,187,000
2020 $33,500 $1,670,800 $483,800 $1,187,000
2019 $32,965 $1,670,800 $483,800 $1,187,000
2018 $32,129 $1,670,800 $483,800 $1,187,000
2017 $31,879 $1,670,800 $483,800 $1,187,000
2016 $31,328 $1,670,800 $483,800 $1,187,000
2015 $30,743 $1,670,800 $483,800 $1,187,000
2014 $29,707 $1,670,800 $483,800 $1,187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3766531

Garden State MLS

APN: 17-03904-0000-00030