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Commercial (General)Commercial

22 PROSPECT ST

MADISON, NJ 07940
0
Baths
7,500 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.52 ac
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$30,736 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,443,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$516,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$927,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,443,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,443,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial (General)
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.52
ConstructionThe main material the home's frame and walls are built from.Brick
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Madison Junior SchoolB
Middle · Grades 6–8 · 0.2 mi
E
Torey J. Sabatini Elementary SchoolA-
Elementary · Grades KG–5 · 0.8 mi
H
Madison High SchoolA-
High · Grades 9–12 · 1.0 mi

District: Madison Borough School District

Neighborhood · ZIP 07940These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.54
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.104

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.42%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.17,707
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,782 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$157,455
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$211,017
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.52 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

22 Prospect St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Morris County
  • Has a bigger lot than 89% of homes in Madison 07940
  • Older than 88% of homes in Morris County

How it measures up in Madison 07940

The dot is this home. The mark in the middle is the typical home in Madison 07940.

Living area7,500 ft²
SmallerTypical 2,188 ft²Bigger

Bigger than almost all homes nearby

Lot size0.52 ac
SmallerTypical 0.24 acBigger

Bigger than 89% of homes nearby

Year built1930
OlderTypical 1953Newer

Newer than 24% of homes nearby

How 22 Prospect St ranks against every home in each area.
MeasureThis homeMadison 07940Morris County
Living areabigger than7,500 ft²almost all homesalmost all homes
Lot sizebigger than0.52 ac89% of homes69% of homes
Year builtnewer than193024% of homes12% of homes

About 22 Prospect St

When did 22 Prospect St, Madison, NJ last sell?

22 Prospect St, Madison, NJ last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 22 Prospect St, Madison, NJ?

22 Prospect St, Madison, NJ has 7,500 square feet of living space and a 0.52-acre lot.

When was 22 Prospect St, Madison, NJ built?

22 Prospect St, Madison, NJ was built in 1930, making it 96 years old. The building has 1 story.

What schools serve 22 Prospect St, Madison, NJ?

22 Prospect St, Madison, NJ is assigned to Madison Junior School (middle), rated B; Torey J. Sabatini Elementary School (elementary), rated A-; Madison High School (high), rated A-. All sit in Madison Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 22 Prospect St, Madison, NJ compare to other homes in Madison 07940?

Among the 4,474 homes in Madison 07940, it is bigger than almost all of them (7,500 ft² against a typical 2,188 ft²), its lot is bigger than 89% of them (0.52 ac against a typical 0.24 ac) and it is newer than 24% of them (1930 against a typical 1953). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 22 Prospect St, Madison, NJ?

The 2024 property tax bill for 22 Prospect St, Madison, NJ was $30,736. The county assessed it at $1,443,000.

Closest homes

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Assigned schools

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