8 Madison Avenue

Local assessors in East Orange, NJ have categorized 8 Madison Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8 Madison Avenue has a total of 1,416 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 8 Madison Avenue sold most recently in Mar 30, 2020 for a total of $270,000. If you work out the math, that's approximately a cost of $190.68 per sqft. Before that, the property was also sold for $157,410 in Jul 28, 2003. 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 $9,282 in taxes each year. 8 Madison Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $319,400. If we break it down further, the land itself was valued at $98,200. Improvements to the property, however, were assessed at a total of $221,200. 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.