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79 Madison Place

79 Madison Place, Ridgewood, NJ 07450
Property in Bergen
Sold Aug 08, 2018
$1,920,000
$860,000 by Citibank Na
Mortgage Due Jan 01, 2048
Sold Aug 14, 2001
$986,000
$650,000 by Commerce Bank Na
Mortgage
79 Madison Place has been categorized by the local assessors in Ridgewood, NJ as a residential type of property. The building on the property was first built in 1907 and is 117 years old. The building has a total of 3 stories. In addition, 79 Madison Place has 4,195 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 1,940 ft and across the front of the lot is 1,040 ft. The area measurement of the land has been determined as 20,038 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 is one available parking space. 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, 79 Madison Place sold most recently in Jul 24, 2018 for a total of $1,920,000. If you work out the math, that's approximately a cost of $457.69 per sqft. Before that, the property was also sold for $986,000 in Jul 25, 2001. 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 $38,545 in taxes each year. 79 Madison Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,419,500. If we break it down further, the land itself was valued at $640,600. Improvements to the property, however, were assessed at a total of $778,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1907
  • Effective Year Built: 1907
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,940
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 4,195
  • Building Area: 4,195
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,195
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DICKSON MICHAEL W
  • Current Owner 2: DICKSON KIRSTEN
  • Previous Owner : TAPIA GEORGE
  • Previous Owner 2: TAPIA ANGELA
  • Owner Before Previous Owner: ELLIS BERNARD J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ridgewood Village School District
  • Census Tract: 047300

Zoning

  • Zoning: R1

Geography

  • District: 51
  • Parcel: 51 02111-0000-00007
  • Block: 2111
  • Lot: 7
  • Municipality: RIDGEWOOD VILLAGE
  • Latitude: 40.9826
  • Longitude: -74.1231

    Address

  • Full Address: 79 Madison Pl
  • Address - House Number: 79
  • Address - Street Name: Madison
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Ridgewood
  • Carrier Code: C015
  • 4-Digit Zip Code: 3109
  • Zip Code: 07450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,545

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 2,144,309
  • High Value: 2,561,450
  • Low Value: 1,727,168

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $860,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Aug 08, 2018
  • First Open Lien Mortgage Loan Amount: $860,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $1,419,500
  • Market Land Value: $640,600
  • Market Improvement Value: $778,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,419,500
  • Assessed Land Value: $640,600
  • Assessed Improvements Value: $778,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2018
  • Current Sale Recording Date: Aug 08, 2018
  • Current Sale Transaction ID: 11501866527
  • Current Sale Price: $1,920,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 00018-056791
  • Previous Sale Recording Date: Aug 14, 2001
  • Previous Sale Contract Date: Jul 25, 2001
  • Previous Sale Amount: $986,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Aug 08, 2018
  • First Mortgage Loan Amount: $860,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCE BANK NA
  • Previous Mortgage Transaction Date: Aug 14, 2001
  • Previous Mortgage Loan Amount: $650,000

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Frequently Asked Questions

What neighborhood is 79 Madison Place located in?
The 79 Madison Place is a located in the neighborhood of Bergen in Ridgewood, Ridgewood.
What is the average sales price for listings in 79 Madison Place?
The average sales price for units in 79 Madison Place is $0 currently.

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