NOT LISTED FOR SALE

8 Sherwood Ave Madison, NJ 07940

Estimated Value: $861,000 - $1,114,000

5 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold June 01, 2016

Last sale price $625,000

Est. 66% increase in value since last sale

Current estimated payment $6,566/month

95 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • 1 Car Attached Garage
  • Central Avenue School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of June 2016

So close to train, town, park, pool and bus. Leave your car at home. . Located in the desirable Knollwood section of Madison, NJ, this 5 bedroom, 2 full bath home awaits you & your decorating ideas. Just a few blocks to NYC trains, schools and downtown--- leave your car behind. Larger than it appears, this charming cape has 2 bedrooms on the 1st floor & 3 on the 2nd.The bright spacious Fam.Rm. w/raised hearth fireplace is just off the Kit which features recessed lights, stainless steel appliances & cherry cabinets. More features: hardwood flrs, moldings and a spacious lower level rec.rm. Lots of potential for Buyer looking for a sought after neighborhood. Great schools & low taxes

Last Buyer's Agent

LUCY E. THOMPSON

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,238

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 2317-00911-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,238

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1951
  • County Name: Morris
  • Exclusions: Dining Room chandelier and LR window treatments
  • Street Number Display: 8
  • Directions: Main Street to Greenwood to right on Hamilton to left on Sherwood
  • I D: 4584676
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Knollwood
  • First Name: CLAUDIA DUSTY
  • First Name3: LUCY E.
  • Last Name: SMITH
  • Last Name3: THOMPSON
  • Office Phone3: 908-273-2991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher
  • Number Rooms: 9
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Finished-Partially
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 16x10
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 26x11
  • Other Room2 Level: Basement
  • Phone: 973-267-8990

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Patio, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 0.1722 AC
  • Assessed Improvement Value: 193800
  • Assessed Land Value: 325800
  • Assessment: 519600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17
  • Zoning: res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9238
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00911-0000-00009-0000-
  • Tax Rate Amount: 1.778
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2015
Closed on
May 31, 2016
Sold by
Andrews Charles P and Andrews Maureen
Bought by
Khan Alvin and Khan Anna
Buyer's Agent
LUCY E. THOMPSON
KELLER WILLIAMS REALTY
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$1,038,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,982
Avg. Annual Appreciation
5.64%
Original Mortgage
$613,679
Interest Rate
3.75%
Mortgage Type
FHA
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
Khan Alvin $625,000 Chp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Alvin $269,000
Open Khan Alvin $576,000
Closed Khan Alvin $578,000
Closed Khan Alvin $613,679
Previous Owner Andrews Maureen W $25,000
Previous Owner Andrews Cahrels P $450,000
Previous Owner Andrews Charles P $100,000
Previous Owner Andrews Charles P $380,000
Previous Owner Andrews Charles P $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $625,000 -3.7% --
03/11/2016 03/11/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $649,000 -- --
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 $11,376 $534,100 $325,800 $208,300
2024 $10,997 $534,100 $325,800 $208,300
2023 $10,997 $534,100 $325,800 $208,300
2022 $10,677 $527,000 $325,800 $201,200
2021 $10,677 $527,000 $325,800 $201,200
2020 $10,566 $527,000 $325,800 $201,200
2019 $10,398 $527,000 $325,800 $201,200
2018 $10,134 $527,000 $325,800 $201,200
2017 $9,914 $519,600 $325,800 $193,800
2016 $9,743 $519,600 $325,800 $193,800
2015 $9,561 $519,600 $325,800 $193,800
2014 $9,238 $519,600 $325,800 $193,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2016

    LUCY E. THOMPSON

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3270061

Garden State MLS

APN: 17-00911-0000-00009

New Jersey Morris County Madison 07940

8 Sherwood Ave, Madison, NJ

This home is located at 8 Sherwood Ave, Madison, NJ 07940 since 07 December 2015 and is currently estimated at $1,038,982. This property was built in 1951. 8 Sherwood Ave is a home located in Morris County with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.

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