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77 Park Avenue

77 Park Avenue, Madison, NJ 07940
Property in Morris
Sold Nov 18, 1999
$341,000
$335,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2043
77 Park Avenue has been categorized by the local assessors in Madison, NJ as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The building has a total of 2 stories. In addition, 77 Park Avenue has 2,510 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,769 square feet.

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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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, 77 Park Avenue sold most recently in Nov 11, 1999 for a total of $341,000. If you work out the math, that's approximately a cost of $135.86 per sqft. 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 $8,395 in taxes each year. 77 Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $407,700. If we break it down further, the land itself was valued at $187,200. Improvements to the property, however, were assessed at a total of $220,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,769
  • Total Building Area: 2,510
  • Building Area: 2,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,510
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.362
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARINACCIO SCOTT
  • Previous Owner : DAMIANO ANGELINA
  • Previous Owner 2: ESTATE OF ANNE E SAPIO

Neighborhood

  • School District Name: Madison Borough School District
  • Census Tract: 042900

Zoning

  • Zoning: R-4

Geography

  • District: 17
  • Parcel: 17 01105-0000-00030
  • Block: 1105
  • Lot: 30
  • Municipality: MADISON BORO
  • Latitude: 40.7654
  • Longitude: -74.4191

    Address

  • Full Address: 77 Park Ave
  • Address - House Number: 77
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Madison
  • Carrier Code: C004
  • 4-Digit Zip Code: 1568
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,395

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 831,180
  • High Value: 961,018
  • Low Value: 701,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 06, 2013
  • First Open Lien Mortgage Loan Amount: $335,000
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $500,062
  • Market Land Value: $229,609
  • Market Improvement Value: $270,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,700
  • Assessed Land Value: $187,200
  • Assessed Improvements Value: $220,500

    Sales

  • Current Sale Contract Date: Nov 11, 1999
  • Current Sale Recording Date: Nov 18, 1999
  • Current Sale Transaction ID: 1120085056
  • Current Sale Price: $341,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 119797

    Last Sale Mortgage

  • First Mortgage Lender: CENDANT MTG CORP
  • First Mortgage Transaction Date: Nov 18, 1999
  • First Mortgage Loan Amount: $306,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2029

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Frequently Asked Questions

What neighborhood is 77 Park Avenue located in?
The 77 Park Avenue is a located in the neighborhood of Morris in Madison, Madison.
What is the average sales price for listings in 77 Park Avenue?
The average sales price for units in 77 Park Avenue is $0 currently.

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