by RHP Realty

See Home Value
Madison 07940
40 Elm Street
$789,000
House - Off Market

40 Elm Street

Madison Borough, NJ 07940
bedrooms
4 Beds
bathrooms
2 Baths
$4,603
Estimated Monthly
$0
HOA / Fees
5.28%
Cap Rate

About This Property

Like-NEW 2 level Ranch in a quiet & convenient loc, with a whopping.45 acre! All Renovated 2 NEW Kitchens& 2 baths,tile flrs throughout; refinished hd wd.NEW doors windows 2-zone HVAC; hot wr heat; NEWER huge drive; NEWER plumbing; NEW seal coating on roof; 2 Separate gas meters (previously a two family house); NEWER lights & ceiling fans; washer/dryer, Quartz counters & Porcelanosa Backsplash in kitchens . NEW garage door w/ remote. You cannot find another "new" house like this one in this price range in Madison!! Short distance to NYC train (0.7 mile)town & Drew University, Great expansion possibilities!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1958
Last updated: 14 days ago (NJMLS #23020480)

Price History

Date / Event Date Event Price
Apr 16, 2024 No longer available -
No longer available
Jul 4, 2023 Listed by Western-Eastern Realty $789,000
Listed by Western-Eastern Realty
Apr 19, 2017 Sold to Ping Ji $410,000
Sold to Ping Ji

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,379
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.376
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GE ZIHUI
  • Current Owner 2: JI PING
  • Previous Owner : KVARNLOV STACY MARIE
  • Previous Owner 2: DEBIASSE SALVATORE GUY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-5

Geography

  • District: 17
  • Parcel: 17 01301-0000-00007
  • Block: 1301
  • Lot: 7
  • Municipality: MADISON BORO
  • Latitude: 40.765
  • Longitude: -74.423

    Address

  • Full Address: 40 Elm St
  • Address - House Number: 40
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Madison
  • Carrier Code: C007
  • 4-Digit Zip Code: 1442
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,759

    Appraisal Valuation

  • Standard Deviation: 0.0795
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 808,314
  • High Value: 872,621
  • Low Value: 744,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 19, 2017
  • First Open Lien Mortgage Loan Amount: $328,000
  • 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: Apr 01, 2047

    Market Valuation

  • Market Total Value: $521,771
  • Market Land Value: $354,225
  • Market Improvement Value: $167,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,400
  • Assessed Land Value: $288,800
  • Assessed Improvements Value: $136,600

    Sales

  • Current Sale Contract Date: Mar 22, 2017
  • Current Sale Recording Date: Apr 19, 2017
  • Current Sale Transaction ID: 1807486086
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017022912

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 19, 2017
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.2 Baths
-
$728,880 Nov 30, -0001
$736,000 Jan 31, 2022
-
House
4 Beds
2 Baths
-
$725,000 Nov 30, -0001
$725,000 May 16, 2022
-
House
4 Beds
3.1 Baths
-
$899,000 Nov 30, -0001
$999,999 Mar 31, 2022
-
House
3 Beds
3.1 Baths
-
$810,000 Nov 30, -0001
$810,800 Jun 1, 2022
-
House
5 Beds
4 Baths
-
$699,000 Nov 30, -0001
$751,000 Jun 14, 2023
-
House
4 Beds
2 Baths
-
$699,000 Jun 21, 2023
-
-
Townhouse
3 Beds
3 Baths
-
$739,000 Apr 24, 2023
-
$634/mo
In Contract
Townhouse
3 Beds
3 Baths
-
$725,000 Apr 26, 2023
-
$633/mo
House
6 Beds
2 Baths
-
$890,000 Jun 1, 2023
-
-

About Madison


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Frequently Asked Questions

When was property at 40 Elm Street built and last sold?
The property at 40 Elm Street was built in 1958 and last sold on Mar 22, 2017 for $410,000.
How much is this home worth?
The estimated value of the home located at 40 Elm Street is $796,890.
What are some comparable homes to 40 Elm Street?
Homes that are comparable to 40 Elm Street include a house property at 21 North Street, 58 Park Avenue, 16 Carteret Court.

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