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69 Madison Street

69 Madison Street, Somerville, NJ 08876
Property in Somerset
Sold Aug 20, 1996
$121,900
Sold Sep 07, 1994
$118,500
$107,000 by Provident Sav Bk
Mortgage
69 Madison Street in Somerville, NJ was first built in 1947 and is 77 years old. This has been categorized as a residential property type. It is a single story home. 69 Madison Street has 1,008 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 530 ft and the linear feet between the front and back of the lot is 1,110. In total, the area measurement of the land is 5,883 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the 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, 69 Madison Street was last sold in Aug 19, 1996 for $121,900. According to our calculations, that's $120.93 per sqft. Prior to that sales transaction, the property was sold for $118,500 in Aug 29, 1994. Current property owners are expected to pay $7,944 in taxes per year. The property on 69 Madison Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $205,700. To break that down further, the land itself was valued at $113,600. While improvements to the property were assessed at a total of $92,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,883
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VARGA DEBORAH
  • Previous Owner : GAVIN MICHAEL
  • Owner Before Previous Owner: GALICKI THOMAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerville Borough School District
  • Census Tract: 050300

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 18
  • Parcel: 18 00019-0000-00009
  • Block: 19
  • Lot: 9
  • Municipality: SOMERVILLE BORO
  • Latitude: 40.5671
  • Longitude: -74.5879

    Address

  • Full Address: 69 Madison St
  • Address - House Number: 69
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Somerville
  • Carrier Code: C009
  • 4-Digit Zip Code: 2735
  • Zip Code: 08876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,944

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 371,667
  • High Value: 432,071
  • Low Value: 311,262

    Market Valuation

  • Market Total Value: $273,246
  • Market Land Value: $150,903
  • Market Improvement Value: $122,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,700
  • Assessed Land Value: $113,600
  • Assessed Improvements Value: $92,100

    Sales

  • Current Sale Contract Date: Aug 19, 1996
  • Current Sale Recording Date: Aug 20, 1996
  • Current Sale Transaction ID: 1109463793
  • Current Sale Price: $121,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 07, 1994
  • Previous Sale Contract Date: Aug 29, 1994
  • Previous Sale Amount: $118,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: Aug 20, 1996
  • First Mortgage Loan Amount: $109,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT SAV BK
  • Previous Mortgage Transaction Date: Sep 07, 1994
  • Previous Mortgage Loan Amount: $107,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 69 Madison Street located in?
The 69 Madison Street is a located in the neighborhood of Somerset in Somerville, Somerville.
What is the average sales price for listings in 69 Madison Street?
The average sales price for units in 69 Madison Street is $0 currently.

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