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24 Grove Street

24 Grove Street, Madison, NJ 07940
House in Morris
Sold Feb 02, 2023
$1,200,000
Sold Jun 21, 2016
$835,000
$417,000 by New Jersey Lenders Corp
Mortgage Due Jul 01, 2046
Local assessors in Madison, NJ have categorized 24 Grove Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 16,501 square feet. The linear feet between the front and back of the lot was measured at 2,200 ft and the front of the lot was measured at 750 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24 Grove Street has a total of 2,679 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Jan 26, 2023 for $1,200,000. That's $447.93 per sqft. Prior to that sales transaction, the property was also sold in Jun 15, 2016 for $835,000. 24 Grove Street was last assessed in 2023. The total value of the property was assessed at $714,700. Specifically, the land the property is located on was valued at $321,200. While improvements on the property were assessed at a total of $393,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $14,716. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Composition Board Siding

Parking

Open Parking

Facilities

Storage Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,501
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,679
  • Building Area: 2,679
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,679
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.379
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HORSEY CHARLES W
  • Current Owner 2: HORSEY JEANNE H
  • Previous Owner : MARK JANET
  • Owner Before Previous Owner: SYP MITCHEL M
  • Owner Before Previous Owner 2: SYP JOAN F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Madison Borough School District
  • Census Tract: 043000

Zoning

  • Zoning: R-3

Geography

  • District: 17
  • Parcel: 17 01901-0000-00014
  • Block: 1901
  • Lot: 14
  • Municipality: MADISON BORO
  • Latitude: 40.7593
  • Longitude: -74.4069

    Address

  • Full Address: 24 Grove St
  • Address - House Number: 24
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Madison
  • Carrier Code: C006
  • 4-Digit Zip Code: 2107
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,716

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 1,267,505
  • High Value: 1,539,344
  • Low Value: 995,666

    Market Valuation

  • Market Total Value: $876,609
  • Market Land Value: $393,965
  • Market Improvement Value: $482,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $714,700
  • Assessed Land Value: $321,200
  • Assessed Improvements Value: $393,500

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Feb 02, 2023
  • Current Sale Transaction ID: 11902029705
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3990
  • Previous Sale Recording Date: Jun 21, 2016
  • Previous Sale Contract Date: Jun 15, 2016
  • Previous Sale Amount: $835,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: NEW JERSEY LENDERS CORP
  • Previous Mortgage Transaction Date: Jun 21, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Madison



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Frequently Asked Questions

What neighborhood is 24 Grove Street located in?
The 24 Grove Street is a house located in the neighborhood of Morris in Madison, Madison.
What is the average sales price for listings in 24 Grove Street?
The average sales price for units in 24 Grove Street is $0 currently.

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