83 Park Ave
Madison, NJ 07940
4 bd 4 ba 19,998 sqft Built 2000 Lot 6,534 sqft multi_family
Most recent sale
$960,000
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $960,000 | MLS #3762741 |
| Mar 2, 2022 | Price changed | $950,000 | MLS #3762741 |
| Feb 8, 2022 | Listed | $1,054,000 | MLS #3762741 |
| Jul 8, 2004 | Sold | $680,000 | Public Record |
| Aug 28, 2000 | Sold | $410,000 | Public Record |
| Mar 1, 1999 | Sold | $40,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $370,300 | $194,400 | $564,700 | $12,728 |
| 2024 | $370,300 | $194,400 | $564,700 | $12,028 |
| 2023 | $370,300 | $194,400 | $564,700 | $11,627 |
| 2022 | $294,000 | $194,400 | $488,400 | $10,031 |
| 2021 | $294,000 | $194,400 | $488,400 | $9,894 |
| 2020 | $294,000 | $194,400 | $488,400 | $9,792 |
| 2019 | $294,000 | $194,400 | $488,400 | $9,636 |
| 2018 | $294,000 | $194,400 | $488,400 | $9,392 |
| 2017 | $294,000 | $194,400 | $488,400 | $9,319 |
| 2016 | $294,000 | $194,400 | $488,400 | $9,158 |
| 2015 | $294,000 | $194,400 | $488,400 | $8,987 |
| 2014 | $294,000 | $194,400 | $488,400 | $8,684 |
| 2013 | $294,000 | $194,400 | $488,400 | $8,567 |
| 2012 | $237,300 | $96,500 | $333,800 | $9,276 |
| 2011 | $237,300 | $96,500 | $333,800 | $9,043 |
| 2010 | $237,300 | $96,500 | $333,800 | $8,809 |
| 2009 | $237,300 | $96,500 | $333,800 | $8,455 |
| 2008 | $237,300 | $96,500 | $333,800 | $8,271 |
| 2007 | $237,300 | $96,500 | $333,800 | $7,844 |
Property facts
Year built
2000
Property type
multi_family
Stories
2
Beds
4
Baths
4
Living area
19,998 sqft
Lot size
6,534 sqft
ZIP code
07940
City
Madison
Street
Park Ave
Coordinates
40.76573, -74.41931
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,760
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 83 Park Ave last sell?
83 Park Ave most recently sold on May 13, 2022 for $960,000.
What is the current tax assessment for 83 Park Ave?
The most recent total assessment for 83 Park Ave (year 2025) is $564,700 with $12,728 in property tax.
How does 83 Park Ave's assessment compare to its last sale price?
The current assessment is 41.2% below the last sale price of $960,000.
When was 83 Park Ave built?
83 Park Ave was built in 2000.
How does 83 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 83 Park Ave?
83 Park Ave is a 4 bed, 4 bath, 19,998 sqft, 6,534 sqft lot multi_family.
Is 83 Park Ave a flip candidate?
No — 83 Park Ave does not appear in our flips dataset.
Is 83 Park Ave a tax-appeal candidate?
No — 83 Park Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$1.8M
2026 Q4
$1.86M
ZIP 07940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Ave