NOT LISTED FOR SALE

938 Madison Ave Bridgewater, NJ 08807

Estimated Value: $926,000 - $1,002,000

4 Beds
3 Baths
2,876 Sq Ft
$340/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $840,000 $292 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,709/month

19 Days on Market

About This Home

As of January 2024

This home is located at 938 Madison Ave, Bridgewater, NJ 08807 since 15 November 2023 and is currently estimated at $977,123, approximately $339 per square foot. This property was built in 1997. 938 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.

Last Agent to Sell the Property

Lee M. Opperman

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 11/15/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Lee M. Opperman

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 11/15/2023

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,565

Year Built

  • Built in 1997

Lot Details

  • 1.65

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,565

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • County Name: Somerset
  • Street Number Display: 938
  • I D: 5256147
  • Modified: 2025-01-04
  • Number Images: 1
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 128X560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 22, 2023
Sold by
Burke James R and Burke Lisa B
Bought by
Dudaka Shyam Sundar and Dudaka Karuna
Seller's Agent
Lee M. Opperman
COLDWELL BANKER REALTY
Buyer's Agent
Lee M. Opperman
COLDWELL BANKER REALTY
List Price
$825,000
Sold Price
$840,000
Premium/Discount to List
$15,000
1.82%
Views
309
Current Estimated Value
$977,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,123
Avg. Annual Appreciation
10.53%
Original Mortgage
$672,000
Outstanding Balance
$663,858
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$313,265

Purchase Details

Closed on
Nov 14, 2007
Sold by
Dorfman Karen M
Bought by
Burke James R and Burke Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 1997
Sold by
Somerset Holding Co
Bought by
Dorfman Gary and Dorfman Karen
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Dudaka Shyam Sundar $840,000 Simplicity Title
Burke James R $650,000 None Available
Dorfman Gary $362,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dudaka Shyam Sundar $672,000
Previous Owner Burke James R $417,000
Previous Owner Burke James R $473,168
Previous Owner Burke James R $488,000
Previous Owner Burke James R $103,000
Previous Owner Burke James R $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $840,000 +1.8% $292 / Sq Ft
12/28/2023 12/28/23 For Sale $825,000 0.0% $287 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/28/2023 11/28/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $825,000 -- $287 / 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 $15,565 $797,800 $288,500 $509,300
2023 $13,996 $705,100 $271,400 $433,700
2022 $13,178 $641,900 $267,700 $374,200
2021 $13,016 $620,400 $267,700 $352,700
2020 $12,893 $615,700 $267,700 $348,000
2019 $12,870 $608,500 $267,700 $340,800
2018 $12,706 $602,200 $267,700 $334,500
2017 $12,617 $597,400 $267,700 $329,700
2016 $12,407 $596,200 $267,700 $328,500
2015 $12,276 $590,200 $267,700 $322,500
2014 $11,377 $533,400 $267,700 $265,700
Source: Public Records

Agents Affiliated with this Home

  • Lee M. Opperman

    Seller's Agent in 2024

    Lee M. Opperman

    COLDWELL BANKER REALTY

    (908) 581-4830

    1 in this area

    90 Total Sales

    Lee M. Opperman
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3874667

Garden State MLS

APN: 06-00460-0000-00006

New Jersey Somerset County Bridgewater 08807

938 Madison Ave, Bridgewater, NJ

This home is located at 938 Madison Ave, Bridgewater, NJ 08807 since 15 November 2023 and is currently estimated at $977,123, approximately $339 per square foot. This property was built in 1997. 938 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.

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