8 Forest Rd Madison, NJ 07940
Estimated Value: $1,221,000 - $1,438,000
--
Bed
--
Bath
2,556
Sq Ft
$523/Sq Ft
Est. Value
About This Home
This home is located at 8 Forest Rd, Madison, NJ 07940 and is currently estimated at $1,337,310, approximately $523 per square foot. 8 Forest Rd is a home located in Morris County with nearby schools including Torey J. Sabatini School, Madison Junior School, and Madison High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2007
Sold by
Schreiber Denis W and Schreiber Suzanne Kelly
Bought by
Benjamin Park and Benjamin Amanda E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$467,001
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$870,309
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benjamin Park | $949,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benjamin Park | $750,000 |
Source: Public Records
Tax History Compared to Growth
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 | $16,182 | $759,700 | $365,600 | $394,100 |
| 2024 | $15,642 | $759,700 | $365,600 | $394,100 |
| 2023 | $15,642 | $759,700 | $365,600 | $394,100 |
| 2022 | $15,392 | $759,700 | $365,600 | $394,100 |
| 2021 | $15,392 | $759,700 | $365,600 | $394,100 |
| 2020 | $15,232 | $759,700 | $365,600 | $394,100 |
| 2019 | $14,989 | $759,700 | $365,600 | $394,100 |
| 2018 | $14,609 | $759,700 | $365,600 | $394,100 |
| 2017 | $14,495 | $759,700 | $365,600 | $394,100 |
| 2016 | $14,244 | $759,700 | $365,600 | $394,100 |
| 2015 | $13,978 | $759,700 | $365,600 | $394,100 |
| 2014 | $13,507 | $759,700 | $365,600 | $394,100 |
Source: Public Records
Map
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