Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential

318 MAIN ST

MADISON, NJ 07940
2,500 ft²
Lot SizeThe size of the land the home sits on, from county records.
1991
Year BuiltThe year the home was originally built, according to county records.
Built 198218 units1,461–1,747 ft²
$12M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$668K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$410
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-25.1%vs the Madison ZIP median sale $/ft² ($547)

Sales Performance

$639K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+15.1%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
3
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
16.7%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+1.4%per yeartypical hold 6.3 yrsfrom 19 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19992009201120142016201920222025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19992009201120142016201920222025

48 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$614K$647K$680K$714K1,461 ft²1,518 ft²1,575 ft²1,633 ft²1,690 ft²1,747 ft²
Studio
Studio
18 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 0 ba · 1,617 ft²
6 units
Studio · 0 ba · 1,591 ft²
5 units
Studio · 0 ba · 1,747 ft²
4 units
Studio · 0 ba · 1,461 ft²
2 units
One-off layouts
1 unit

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$614K–$620K
2 units
$627K–$637K
5 units
$654K–$654K
1 unit
$667K–$672K
3 units
$680K–$680K
2 units
$702K–$714K
5 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.83%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.0%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.3 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.50%
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

BuildingDec 31, 2025$670,000Unit 14Dec 1, 2025$639,000BuildingOct 24, 2025$520,000Unit 35Aug 6, 2025$640,000Unit B-1Jul 29, 2025$555,000BuildingMar 11, 2025$507,000BuildingJun 24, 2024$475,000BuildingJun 26, 2023$565,000BuildingJun 5, 2023$412,000Unit 13May 26, 2023$511,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$447,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$200,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$247,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$447,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$447,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Modular
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.06
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.

E
Kings Road Elementary SchoolA-
Elementary · Grades KG–5 · 0.3 mi
M
Madison Junior SchoolA
Middle · Grades 6–8 · 0.8 mi
H
Madison High SchoolB+
High · Grades 9–12 · 1.6 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%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

318 Main St
1,591 ft²
$659K
318 Main St
1,591 ft²
$601K
318 Main St
1,787 ft²
$776K
318 Main St
1,747 ft²
$719K
318 Main St
1,747 ft²
$713K
318 Main St
1,617 ft²
$676K
318 Main St
1,747 ft²
$710K
318 Main St
1,591 ft²
$656K
318 Main St
1,591 ft²
318 Main St
1,787 ft²
$713K
318 Main St
1,591 ft²
$622K
318 Main St
1,591 ft²
$630K
318 Main St
1,461 ft²
$636K
318 Main St
1,591 ft²
318 Main St
1,591 ft²
$656K
318 Main St
1,787 ft²
$759K
318 Main St
1,591 ft²
$649K
318 Main St
1,617 ft²
318 Main St
1,617 ft²
$661K
318 Main St
1,461 ft²
318 Main St
1,617 ft²
$684K
318 Main St
1,591 ft²
$562K
318 Main St
2,114 ft²
$846K
318 Main St
2,114 ft²
318 Main St
1,657 ft²
$709K
318 Main St
1,787 ft²
$749K
318 Main St
1,747 ft²
$714K
318 Main St # B-1
1,617 ft²
$614K
318 Main St # 2
1,617 ft²
$669K
318 Main St
1,591 ft²
$627K
318 Main St # 4
1,461 ft²
$637K
318 Main St # 5
1,747 ft²
$713K
318 Main St # 6
1,617 ft²
$667K
318 Main St # 10
1,461 ft²
$631K
318 Main St # 11
1,747 ft²
$714K
318 Main St # 12
1,747 ft²
$712K
318 Main St # 13
1,617 ft²
$672K
318 Main St # 14
1,617 ft²
$680K
318 Main St # 15
1,591 ft²
$628K
318 Main St # 16
1,591 ft²
$633K
318 Main St # 27
1,617 ft²
$680K
318 Main St # 29
1,591 ft²
$620K
318 Main St # 30
1,591 ft²
$654K
318 Main St # 35
1,657 ft²
$702K

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

About 318 Main St

How many units are in 318 Main St, Madison, NJ?

318 Main St, Madison, NJ has 18 residential units across built in 1982, according to county assessor records.

What is a unit at 318 Main St, Madison, NJ worth?

The median TopHap Estimate across the 18 units at 318 Main St, Madison, NJ is $668,195. That works out to $410 per square foot. Units run from 1,461 to 1,747 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 318 Main St, Madison, NJ expensive for Madison?

Units at 318 Main St, Madison, NJ carry a median of $410 per square foot, 25% below the Madison median of $547 per square foot.

How often do units sell at 318 Main St, Madison, NJ?

3 units at 318 Main St, Madison, NJ sold in the last 12 months, out of 48 recorded arms-length sales all time. That is a turnover rate of 16.7% of the building per year. The median sale over that period was $639K.

Have units at 318 Main St, Madison, NJ appreciated?

Across 19 repeat sales of the same unit, 318 Main St, Madison, NJ returned a median 1.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.3 years.

What floor plans does 318 Main St, Madison, NJ have?

The most common plan at 318 Main St, Madison, NJ is a 0-bedroom of 1,617 square feet, repeated 6 times, with a median estimate of $670,354. TopHap identifies 4 recurring plans in the building.

More homes on Main St

Closest homes

More homes in Madison 07940

Assigned schools

Explore the area

See this home in context

Open 318 Main St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map