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617 Madison Street

617 Madison Street, Hackettstown, NJ 07840
Property in Warren
Sold Oct 27, 2021
$400,000
$379,120 by Valley Bank
Mortgage Due Nov 01, 2051
Sold Dec 12, 2005
$395,000
$140,000 by Americas Wholesale Lender
Mortgage Due Dec 01, 2020
617 Madison Street has been categorized by the local assessors in Hackettstown, NJ as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The building has a total of 2 stories. In addition, 617 Madison Street has 2,302 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,650 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a built-in garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 617 Madison Street sold most recently in Oct 22, 2021 for a total of $400,000. If you work out the math, that's approximately a cost of $173.76 per sqft. Before that, the property was also sold for $395,000 in Nov 30, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,799 in taxes each year. 617 Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $361,500. If we break it down further, the land itself was valued at $106,400. Improvements to the property, however, were assessed at a total of $255,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,302
  • Building Area: 2,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PEREZ RICARDO
  • Current Owner 2: PEREZ CONCHITA
  • Previous Owner : PATEL MANISH
  • Previous Owner 2: PATEL BELA M
  • Owner Before Previous Owner: DIMAIO BROS INC
  • Owner Before Previous Owner 2: DIMAIO GERALD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hackettstown Town School District
  • Census Tract: 031402

Zoning

  • Zoning: R125

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 08
  • Parcel: 08 00085-0000-00014
  • Block: 85
  • Lot: 14
  • Municipality: HACKETTSTOWN TOWN
  • Latitude: 40.8486
  • Longitude: -74.8272

    Address

  • Full Address: 617 Madison St
  • Address - House Number: 617
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Hackettstown
  • Carrier Code: C001
  • 4-Digit Zip Code: 2209
  • Zip Code: 07840

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,799

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 534,522
  • High Value: 636,500
  • Low Value: 432,544

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $379,120
  • First Open Lien Mortgage Lender: VALLEY BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Loan Amount: $379,120
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $361,500
  • Market Land Value: $106,400
  • Market Improvement Value: $255,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,500
  • Assessed Land Value: $106,400
  • Assessed Improvements Value: $255,100

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11866312767
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-564105
  • Previous Sale Recording Date: Dec 12, 2005
  • Previous Sale Contract Date: Nov 30, 2005
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: VALLEY BANK
  • First Mortgage Transaction Date: Oct 27, 2021
  • First Mortgage Loan Amount: $379,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Dec 12, 2005
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2020

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Frequently Asked Questions

What neighborhood is 617 Madison Street located in?
The 617 Madison Street is a located in the neighborhood of Warren in Hackettstown, Hackettstown.
What is the average sales price for listings in 617 Madison Street?
The average sales price for units in 617 Madison Street is $0 currently.

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