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28 Gibbons Place

28 Gibbons Place, Madison, NJ 07940
Property in Morris
Sold Sep 27, 2010
$1,250,000
$729,000 by Metlife Home Loans
Mortgage Due Oct 01, 2040
Sold May 11, 2006
$392,000
Local assessors in Madison, NJ have categorized 28 Gibbons Place as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 14,288 square feet. The linear feet between the front and back of the lot was measured at 1,770 ft and the front of the lot was measured at 1,000 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 28 Gibbons Place has a total of 3,483 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 28 Gibbons Place was last sold in Sep 22, 2010 for $1,250,000. According to our calculations, that's $358.89 per sqft. Prior to that sales transaction, the property was sold for $392,000 in May 5, 2006. Current property owners are expected to pay $21,869 in taxes per year. The property on 28 Gibbons Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,062,100. To break that down further, the land itself was valued at $316,800. While improvements to the property were assessed at a total of $745,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,288
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,483
  • Building Area: 3,483
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,483
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.328
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PALMER CHRISTOPHER
  • Current Owner 2: PALMER MARIA
  • Previous Owner : PARISI WAYNE
  • Previous Owner 2: PARISI LINDA
  • Owner Before Previous Owner: SCHINDLER LILLIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison Borough School District
  • Census Tract: 043200

Zoning

  • Zoning: R-3

Geography

  • District: 17
  • Parcel: 17 04305-0000-00015
  • Block: 4305
  • Lot: 15
  • Municipality: MADISON BORO
  • Latitude: 40.753
  • Longitude: -74.4349

    Address

  • Full Address: 28 Gibbons Pl
  • Address - House Number: 28
  • Address - Street Name: Gibbons
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Madison
  • Carrier Code: C009
  • 4-Digit Zip Code: 1906
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,869

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,637,362
  • High Value: 1,912,828
  • Low Value: 1,361,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $729,000
  • First Open Lien Mortgage Lender: METLIFE HOME LOANS
  • First Open Lien Mortgage Recording Date: Sep 27, 2010
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $729,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040

    Market Valuation

  • Market Total Value: $1,302,711
  • Market Land Value: $388,569
  • Market Improvement Value: $914,142

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,062,100
  • Assessed Land Value: $316,800
  • Assessed Improvements Value: $745,300

    Sales

  • Current Sale Contract Date: Sep 22, 2010
  • Current Sale Recording Date: Sep 27, 2010
  • Current Sale Transaction ID: 1131026857
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010063775
  • Previous Sale Recording Date: May 11, 2006
  • Previous Sale Contract Date: May 05, 2006
  • Previous Sale Amount: $392,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: METLIFE HOME LOANS
  • First Mortgage Transaction Date: Sep 27, 2010
  • First Mortgage Loan Amount: $729,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2040

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 28 Gibbons Place located in?
The 28 Gibbons Place is a located in the neighborhood of Morris in Madison, Madison.
What is the average sales price for listings in 28 Gibbons Place?
The average sales price for units in 28 Gibbons Place is $0 currently.

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