NOT LISTED FOR SALE

8 Colonial Way Madison, NJ 07940

Madison Area

Estimated Value: $2,390,321

5 Beds
5 Baths
-- Sq Ft
0.62 Acre Lot

Sale Details

Date Sold: July 17, 2013

Last sale price $1,590,000

Est. 50% increase in value since last sale

Current estimated payment $15,738 / mo

About This Home

As of July 2013

This home is located at 8 Colonial Way, Madison, NJ 07940 since 17 July 2013 and is currently estimated at $2,390,321. 8 Colonial Way 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

BERNADETTE SUSSMAN

KELLER WILLIAMS REALTY Brokerage Phone: 973-377-4444 Listed on: 07/17/2013

Last Buyer's Agent

BERNADETTE MCDONOUGH

WEICHERT REALTORS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Lot Details

  • 27,007 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.62 Acres

Listing Details

  • County Name: Morris
  • I D: 4307742
  • Attribution Contact: 973-377-4444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.620 AC
  • Total Acres: 0.62

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
Jul 17, 2013
Closed on
Jul 17, 2013
Sold by
Jardine Ian R and Jardine Sok Hoon
Bought by
Seller's Agent
BERNADETTE SUSSMAN
KELLER WILLIAMS REALTY
Buyer's Agent
BERNADETTE MCDONOUGH
WEICHERT REALTORS
Sold Price
$1,590,000
Current Estimated Value
$2,390,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,321
Avg. Annual Appreciation
3.14%
Original Mortgage
$950,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, NJ

  • Mary Sheeran Real Estate Agent - Keller Williams Realty Metropolitan

    Mary Sheeran

    Keller Williams Realty Metropolitan

    (862) 244-1879

    440 Total Sales

    1 in Madison

    $551,000 Price

    Mary Sheeran
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    301 Total Sales

    1 in Madison

    $689,000 Price

    Nancy Chu
     Section Image
  • Kaitlyn Siracusa Real Estate Agent - The Agency One Rock-Morristown

    Kaitlyn Siracusa

    The Agency One Rock-Morristown

    (908) 529-8560

    79 Total Sales

    2 in Madison

    $1,028,600 Price Range

    Kaitlyn Siracusa
     Section Image
  • Yolie Dantel Real Estate Agent - KELLER WILLIAMS CITY LIFE REALTY

    Yolie Dantel

    KELLER WILLIAMS CITY LIFE REALTY

    (866) 790-4864

    53 Total Sales

    1 in Madison

    $890,000 Price

    Yolie Dantel
     Section Image
  • Margaret DeFazio Real Estate Agent - COLDWELL BANKER REALTY

    Margaret DeFazio

    COLDWELL BANKER REALTY

    (862) 325-5359

    32 Total Sales

    1 in Madison

    $799,000 Price

    Margaret DeFazio
     Section Image
  • Robin Dora Real Estate Agent - PROMINENT PROPERTIES SIR

    Robin Dora

    PROMINENT PROPERTIES SIR

    (973) 828-8238

    101 Total Sales

    1 in Madison

    $740,000 Price

    Robin Dora
     Section Image
See All Agents

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
$1,590,000 None Available
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 $750,000
Closed Wilson Peter $950,000
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
07/17/2013 07/17/13 Sold $1,590,000 -- --
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 $29,820 $1,472,300 $747,500 $724,800
2025 $29,820 $1,400,000 $747,500 $652,500
2024 $28,826 $1,400,000 $747,500 $652,500
2023 $28,826 $1,400,000 $747,500 $652,500
2022 $28,114 $1,400,000 $747,500 $652,500
2021 $28,114 $1,400,000 $747,500 $652,500
2020 $30,169 $1,504,700 $747,500 $757,200
2019 $28,831 $1,461,300 $747,500 $713,800
2018 $28,101 $1,461,300 $747,500 $713,800
2017 $27,882 $1,461,300 $747,500 $713,800
2016 $27,399 $1,461,300 $747,500 $713,800
2015 $26,638 $1,461,300 $747,500 $713,800
2014 $25,732 $1,461,300 $747,500 $713,800
Source: Public Records

Agents Affiliated with this Home

  • BS

    Seller's Agent in 2013

    BERNADETTE SUSSMAN

    KELLER WILLIAMS REALTY

  • BM

    Buyer's Agent in 2013

    BERNADETTE MCDONOUGH

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3011723

Garden State MLS

APN: 17-04402-0000-00022

New Jersey Morris County Madison 07940

8 Colonial Way, Madison, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.