$895,000
SOLD OCT 23, 2025

87 Madison St Gillette, NJ 07933

3 Beds
3 Baths
1,491 Sq Ft
0.35 Acres

Recently Sold

$600 Per Sq Ft

16% Above List Price

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Millington Elementary School Rated A-
  • Fireplace

About This Home

As of October 2025

This home is located at 87 Madison St, Gillette, NJ 07933 and is currently priced at $895,000, approximately $600 per square foot. This property was built in 1946. 87 Madison St is a home located in Morris County with nearby schools including Gillette Elementary School, Millington Elementary School, and Central Middle School.

Last Agent to Sell the Property

DEVON LECOMPTE

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-719-2500 Listed on: 08/22/2025

Co-Listed By

Gary Gianakis

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-719-2500

Last Buyer's Agent

Jennifer Liming

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 0.35 Acre Lot

Interior Spaces

  • Vaulted Ceiling
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Year Built: 1946
  • County Name: Morris
  • I D: 5379811
  • Attribution Contact: 908-719-2500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 0.350 AC
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2025
Closed on
Oct 15, 2025
Sold by
Farley Richard W and Chaban Enid E
Bought by
Mcshane Kieran and Mcshane Sarah
Seller's Agent
DEVON LECOMPTE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Jennifer Liming
TURPIN REAL ESTATE, INC.
List Price
$770,000
Sold Price
$895,000
Premium/Discount to List
$125,000
16.23%
Views
172
Current Estimated Value
$847,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,429
Avg. Annual Appreciation
-18.89%
Original Mortgage
$495,000
Outstanding Balance
$495,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$352,571

Purchase Details

Closed on
Apr 29, 2003
Sold by
Sullivan Violet
Bought by
Farley Richard and Chaban Enid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Deed $895,000 Hilltop Title
Deed $305,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,000 New Conventional
Previous Owner $244,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 Sold $895,000 +19.3% $600 / Sq Ft
08/29/2025 08/29/25 Pending -- -- --
08/22/2025 08/22/25 Price Changed $750,000 -2.6% $503 / Sq Ft
08/22/2025 08/22/25 For Sale $770,000 -- $516 / Sq Ft
Source: Garden State MLS

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 $12,291 $567,400 $245,000 $322,400
2024 $11,984 $548,200 $240,000 $308,200
2023 $11,984 $533,800 $235,000 $298,800
2022 $11,426 $512,800 $225,000 $287,800
2021 $11,426 $463,700 $209,000 $254,700
2020 $11,235 $463,700 $209,000 $254,700
2019 $11,020 $460,700 $207,500 $253,200
2018 $10,010 $421,300 $203,500 $217,800
2017 $9,794 $415,700 $200,000 $215,700
2016 $9,592 $408,500 $195,000 $213,500
2015 $10,843 $369,800 $186,300 $183,500
2014 $10,606 $369,800 $186,300 $183,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3982725

Garden State MLS

APN: 30-11204-0000-00025