878 Madison Ave Bridgewater, NJ 08807
Estimated Value: $932,000 - $1,071,215
Studio
--
Bath
2,898
Sq Ft
$347/Sq Ft
Est. Value
About This Home
This home is located at 878 Madison Ave, Bridgewater, NJ 08807 and is currently estimated at $1,004,304, approximately $346 per square foot. 878 Madison Ave is a home located in Somerset County with nearby schools including Van Holten Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2010
Sold by
Shoemaker Thomas J and Shoemaker Kathy A
Bought by
Alger Chad H and Alger Lynn J
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
$385,000
Outstanding Balance
$254,743
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$749,561
Purchase Details
Closed on
Dec 6, 1995
Sold by
Somerset Holding Co
Bought by
Shoemaker Thomas and Shoemaker Kathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.44%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alger Chad H | $540,000 | None Available | |
| Shoemaker Thomas | $329,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alger Chad H | $385,000 | |
| Previous Owner | Shoemaker Thomas | $203,000 |
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 | $16,205 | $842,700 | $316,500 | $526,200 |
| 2024 | $16,205 | $830,600 | $316,500 | $514,100 |
| 2023 | $15,084 | $759,900 | $316,500 | $443,400 |
| 2022 | $14,248 | $694,000 | $311,500 | $382,500 |
| 2021 | $13,957 | $672,100 | $311,500 | $360,600 |
| 2020 | $13,971 | $667,200 | $311,500 | $355,700 |
| 2019 | $13,957 | $659,900 | $311,500 | $348,400 |
| 2018 | $13,356 | $633,000 | $311,500 | $321,500 |
| 2017 | $13,272 | $628,400 | $311,500 | $316,900 |
| 2016 | $13,054 | $627,300 | $311,500 | $315,800 |
| 2015 | $12,927 | $621,500 | $311,500 | $310,000 |
| 2014 | $12,550 | $594,200 | $311,500 | $282,700 |
Source: Public Records
Map
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