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73 Hamilton Street

73 Hamilton Street, Madison, NJ 07940
Property in Morris
Sold Aug 19, 1996
$182,000
$270,000 by Valley National Bank
Mortgage Due Feb 01, 2027
73 Hamilton Street in Madison, NJ was first built in 1950 and is 74 years old. This has been categorized as a residential property type. There are a total of 2 floors. 73 Hamilton Street has 1,340 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. In total, the area measurement of the land is 11,587 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, 73 Hamilton Street was last sold in Jul 31, 1996 for $182,000. According to our calculations, that's $135.82 per sqft. Current property owners are expected to pay $9,801 in taxes per year. The property on 73 Hamilton Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $476,000. To break that down further, the land itself was valued at $335,400. While improvements to the property were assessed at a total of $140,600. 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: 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: 11,587
  • Total Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LYONS MICHAEL P
  • Current Owner 2: LYONS CAROLE A
  • Previous Owner : BOWER GEORGE F
  • Previous Owner 2: BOWER VERNA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • District: 17
  • Parcel: 17 00914-0000-00026
  • Block: 914
  • Lot: 26
  • Municipality: MADISON BORO
  • Latitude: 40.7575
  • Longitude: -74.4027

    Address

  • Full Address: 73 Hamilton St
  • Address - House Number: 73
  • Address - Street Name: Hamilton
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Madison
  • Carrier Code: C001
  • 4-Digit Zip Code: 1734
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,801

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 731,866
  • High Value: 846,190
  • Low Value: 617,542

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 25, 2012
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2027
  • Second Open Lien Mortgage Lender: UNION CENTER NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 11, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 11, 2036

    Market Valuation

  • Market Total Value: $583,834
  • Market Land Value: $411,382
  • Market Improvement Value: $172,452

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,000
  • Assessed Land Value: $335,400
  • Assessed Improvements Value: $140,600

    Sales

  • Current Sale Contract Date: Jul 31, 1996
  • Current Sale Recording Date: Aug 19, 1996
  • Current Sale Transaction ID: 1165562693
  • Current Sale Price: $182,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 068451

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT BANK
  • First Mortgage Transaction Date: Aug 19, 1996
  • First Mortgage Loan Amount: $185,640
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2026

About Madison



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Frequently Asked Questions

What neighborhood is 73 Hamilton Street located in?
The 73 Hamilton Street is a located in the neighborhood of Morris in Madison, Madison.
What is the average sales price for listings in 73 Hamilton Street?
The average sales price for units in 73 Hamilton Street is $0 currently.

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