$350,000
SOLD FEB 1, 2025

8 Madison Trail Hopatcong, NJ 07843

3 Beds
1 Bath
1,224 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

27 Days on Market

About This Home

As of February 2025

This home is located at 8 Madison Trail, Hopatcong, NJ 07843 and is currently priced at $350,000, approximately $285 per square foot. 8 Madison Trail is a home located in Sussex County with nearby schools including Hudson Maxim Elementary School, Durban Avenue Elementary School, and Tulsa Trail Elementary School.

Last Agent to Sell the Property

Kellene Addison

ADDISON REAL ESTATE Brokerage Phone: 862-251-4915 Listed on: 10/24/2024

Last Buyer's Agent

MARIA A. ALBA-ROCA

PREMIER HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,085

Lot Details

  • 3,920 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,085

Lot Details

0

Listing Details

  • County Name: Sussex
  • Street Number Display: 8
  • I D: 5320849
  • Modified: 2025-05-06
  • Number Images: 1
  • Attribution Contact: 862-251-4915
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 40X103 IRR
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 27, 2024
Sold by
Mourier Arlene
Bought by
Rheinhardt Jonathan S and Rheinhardt Jonathan Stephen
Seller's Agent
Kellene Addison
ADDISON REAL ESTATE
Buyer's Agent
MARIA A. ALBA-ROCA
PREMIER HOMES
List Price
$350,000
Sold Price
$350,000
Views
50
Current Estimated Value
$363,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,227
Avg. Annual Appreciation
6.11%
Original Mortgage
$180,000
Outstanding Balance
$179,844
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$182,411

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 4, 2022
Sold by
Felix Lanoue Jean and Felix Samantha J
Bought by
Mourier Arlene
Seller's Agent
Joan O'brien
RE/MAX TOWN & VALLEY
Buyer's Agent
Heather Montalbano
RE/MAX TOWN & VALLEY
List Price
$275,000
Sold Price
$282,000
Premium/Discount to List
$7,000
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$267,900
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2016
Closed on
Jun 30, 2017
Sold by
8 Madison Trail Llc
Bought by
Lanoue Jean Felix
Seller's Agent
GLENN BOWERS
WEICHERT REALTORS
List Price
$174,999
Sold Price
$133,000
Premium/Discount to List
-$41,999
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%
Original Mortgage
$130,591
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2013
Sold by
Nowatnick Robert T
Bought by
8 Madison Trail
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $350,000 Title On Demand
Deed $282,000 New Title Company Name
Deed $133,000 Metro Title Agency Inc
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $267,900 New Conventional
Previous Owner $130,591 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Sold $350,000 0.0% $286 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $350,000 +24.1% $286 / Sq Ft
05/06/2022 05/06/22 Sold $282,000 +2.5% $205 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $275,000 +106.8% $200 / Sq Ft
06/30/2017 06/30/17 Sold $133,000 -24.0% $97 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
08/04/2016 08/04/16 For Sale $174,999 -- $127 / 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 $6,085 $257,600 $121,900 $135,700
2023 $6,085 $173,900 $64,600 $109,300
2022 $5,965 $173,900 $64,600 $109,300
2021 $5,864 $173,900 $64,600 $109,300
2020 $5,803 $173,900 $64,600 $109,300
2019 $5,779 $173,900 $64,600 $109,300
2018 $5,767 $173,900 $64,600 $109,300
2017 $5,758 $173,900 $64,600 $109,300
2016 $5,770 $173,900 $64,600 $109,300
2015 $5,640 $173,900 $64,600 $109,300
2014 $5,620 $173,900 $64,600 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3931096

Garden State MLS

APN: 12-40209-0000-00021