by RHP Realty

See Home Value
River Edge 07661
16 Madison Avenue
$520,000
House - Off Market

16 Madison Avenue

River Edge, NJ 07661
bedrooms
3 Beds
bathrooms
2 Baths
$526,081
RealtyHop Estimate
1.17%
Since Aug 1, 2023
NY-New York
Primary Model

About This Property

WELL KEPT HOME IN SOUGHT AFTER RIVER EDGE.  VALUE PRICED HOME OFFERS GENEROUS ROOM SIZES, LOTS OF NATURAL LIGHT, CENTRAL AIR, DEAD END STREET.   BASEMENT HAS A VERY NICE FINISHED AREA FOR A PLAYROOM OR FAMILY ROOM AND HAS A FULL BATHROOM.  KITCHEN IS UPDATED AND HAS A BREAKFAST BAR AND NICELY SIZED DINING ROOM WHICH HAS ACCESS TO THE VERY LARGE BACKYARD DECK.  STEPS TO NYC TRANSIT IN A WONDERFUL SOUGHT AFTER SCHOOLS SYSTEM.  OVER NIGHT AND ALL DAY STREET PARKING IS PLENTIFUL AND PERMISSIBLE AND NO PERMIT IS REQUIRED.  PRICED TO SELL WITH VERY LOW PROPERTY TAXES.  WILL NOT LAST!!
Unit Size
-
Days on Market
51 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$741
HOA Dues
-
Year Built
1950
Last updated: 10 months ago (NJMLS #23016391)

Price History

Date / Event Date Event Price
Sep 13, 2023 Sold to Jaime Medina, Margarita Medina $520,000
Sold to Jaime Medina, Margarita Medina
Jul 21, 2023 Sold $520,000
Sold
Jun 12, 2023 In contract -
In contract
May 31, 2023 Listed by Coldwell Banker, Hillsdale $499,000
Listed by Coldwell Banker, Hillsdale
Aug 25, 2021 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,724
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 530
  • Total Building Area: 932
  • Building Area: 932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MEDINA MARGARITA
  • Current Owner 2: MEDINA JAIME
  • Previous Owner : TRINH NHON HOC
  • Previous Owner 2: TRINH QUYNHHOA T
  • Owner Before Previous Owner: HOEY PATRICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: River Dell Regional School District
  • Census Tract: 048100

Zoning

  • Zoning: R1

Geography

  • Account Number: 011830
  • District: 52
  • Parcel: 52 00616-0000-00012
  • Block: 616
  • Lot: 12
  • Municipality: RIVEREDGE BORO
  • Latitude: 40.9294
  • Longitude: -74.0324

    Address

  • Full Address: 16 Madison Ave
  • Address - House Number: 16
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: River Edge
  • Carrier Code: C011
  • 4-Digit Zip Code: 2129
  • Zip Code: 07661

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,072

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 469,848
  • High Value: 557,165
  • Low Value: 382,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,190
  • First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Sep 13, 2023
  • First Open Lien Mortgage Loan Amount: $476,190
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $245,200
  • Market Land Value: $140,600
  • Market Improvement Value: $104,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,200
  • Assessed Land Value: $140,600
  • Assessed Improvements Value: $104,600

    Sales

  • Current Sale Contract Date: Jul 08, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Transaction ID: 11914613485
  • Current Sale Price: $520,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 60178
  • Previous Sale Recording Date: Jan 23, 2019
  • Previous Sale Contract Date: Jan 18, 2019
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE, INC.
  • First Mortgage Transaction Date: Sep 13, 2023
  • First Mortgage Loan Amount: $476,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$560,000 Jul 25, 2023
$560,000 Jul 25, 2023
$1,094/mo
House
3 Beds
2 Baths
-
$580,000 Jul 18, 2023
$580,000 Jul 18, 2023
$1,049/mo
House
3 Beds
3 Baths
-
$620,000 May 22, 2023
$620,000 May 22, 2023
$1,142/mo
House
3 Beds
2 Baths
-
$595,000 Jul 13, 2023
$595,000 Jul 13, 2023
$983/mo
House
3 Beds
2 Baths
-
$605,000 Jun 16, 2023
$605,000 Jun 16, 2023
$808/mo
House
3 Beds
2 Baths
-
$500,000 Jul 24, 2023
$500,000 Jul 24, 2023
$1,010/mo
House
3 Beds
3 Baths
-
$559,000 Jun 16, 2023
-
$964/mo
House
3 Beds
1 Bath
-
$584,900 Jul 20, 2023
-
$1,072/mo
House
3 Beds
1 Bath
-
$535,000 Jul 24, 2023
-
$812/mo
In Contract
House
3 Beds
2 Baths
-
$509,000 Jun 23, 2023
-
$783/mo
In Contract
House
3 Beds
3 Baths
-
$615,000 Jul 20, 2023
-
$1,089/mo
House
3 Beds
3 Baths
-
$475,000 Jul 26, 2023
-
$909/mo

About River Edge


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Nearby Rentals

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Frequently Asked Questions

When was property at 16 Madison Avenue built and last sold?
The property at 16 Madison Avenue was built in 1950 and last sold on Jul 8, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 16 Madison Avenue is $503,990.
What are some comparable homes to 16 Madison Avenue?
Homes that are comparable to 16 Madison Avenue include a house property at 226 Zabriskie Place, 564 Columbia Street, 110 Jefferson Avenue.

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