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51 Cambridge Court

51 Cambridge Court, Madison, NJ 07940
Property in Morris
Sold Jul 10, 2009
$425,000
$340,000 by Sovereign Bank
Mortgage Due Jul 01, 2039
Local assessors in Madison, NJ have categorized 51 Cambridge Court as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 1,250 square feet. The linear feet between the front and back of the lot was measured at 500 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a prefab, modular style. If we look only at the heated or air conditioned part of the building, then 51 Cambridge Court has a total of 1,794 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. The property was last sold in Jun 18, 2009 for $425,000. That's $236.90 per sqft. 51 Cambridge Court was last assessed in 2023. The total value of the property was assessed at $421,300. Specifically, the land the property is located on was valued at $235,000. While improvements on the property were assessed at a total of $186,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,675. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Building Style: Prefab, Modular
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,250
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,794
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MADISON COMMON
  • Land Acres: 0.029
  • Standard Land Use Code: Modular/pre-fabricated homes

Ownership

  • Current Owner : MARINIELLO THOMAS
  • Current Owner 2: WENDEL DEBBIE
  • Previous Owner : TSAI MOUJAU
  • Previous Owner 2: TSAI CINDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: 17
  • Parcel: 17 00401-0000-00003- 147-CT-3
  • Block: 401
  • Lot: 3.147
  • Municipality: MADISON BORO
  • Latitude: 40.7712
  • Longitude: -74.4173

    Address

  • Full Address: 51 Cambridge Ct
  • Address - House Number: 51
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Madison
  • Carrier Code: C019
  • 4-Digit Zip Code: 1159
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,675

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 684,303
  • High Value: 792,947
  • Low Value: 575,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: SOVEREIGN BANK
  • First Open Lien Mortgage Recording Date: Jul 10, 2009
  • First Open Lien Mortgage Loan Amount: $340,000
  • 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: Jul 01, 2039

    Market Valuation

  • Market Total Value: $516,742
  • Market Land Value: $288,237
  • Market Improvement Value: $228,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,300
  • Assessed Land Value: $235,000
  • Assessed Improvements Value: $186,300

    Sales

  • Current Sale Contract Date: Jun 18, 2009
  • Current Sale Recording Date: Jul 10, 2009
  • Current Sale Transaction ID: 11474905985
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009055307

    Last Sale Mortgage

  • First Mortgage Lender: SOVEREIGN BANK
  • First Mortgage Transaction Date: Jul 10, 2009
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2039

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Frequently Asked Questions

What neighborhood is 51 Cambridge Court located in?
The 51 Cambridge Court is a located in the neighborhood of Morris in Madison, Madison.
What is the average sales price for listings in 51 Cambridge Court?
The average sales price for units in 51 Cambridge Court is $0 currently.

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