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Single Family ResidenceResidential
$603,001$609 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $375,000 on Oct 12, 2021

40 LOANTAKA WAY

MADISON, NJ 07940
0
Baths
990 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.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1990
Year BuiltThe year the home was originally built, according to county records.

Valuation

$603K
$588K low$618K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$375,000 · Oct 12, 2021

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.$318,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$70,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$248,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$318,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$318,900

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.0.11
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Torey J. Sabatini Elementary SchoolA+
Elementary · Grades KG–5 · 0.5 mi
M
Madison Junior SchoolA
Middle · Grades 6–8 · 1.2 mi
H
Madison High SchoolB+
High · Grades 9–12 · 1.4 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%

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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

40 Loantaka Way 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.

  • Worth less than 98% of homes in Madison 07940
  • Costs more per square foot than 96% of homes in Morris County
  • Smaller than 98% of homes in Madison 07940
  • Has a smaller lot than 88% of homes in Madison 07940
  • Newer than 87% of homes in Madison 07940

What homes are worth in Madison 07940

Each bar is how many homes fall in that price range. The marker is this home.

This home
$599K$3.1M

This home is worth more than 2% of homes in Madison 07940.

How it measures up in Madison 07940

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

Estimated value$603,001
CheaperTypical $1,124,282Pricier

Pricier than 2% of homes nearby

Price per ft²$609
CheaperTypical $549Pricier

Pricier than 72% of homes nearby

Living area990 ft²
SmallerTypical 2,184 ft²Bigger

Bigger than 2% of homes nearby

Lot size0.11 ac
SmallerTypical 0.24 acBigger

Bigger than 12% of homes nearby

Year built1990
OlderTypical 1953Newer

Newer than 87% of homes nearby

How 40 Loantaka Way ranks against every home in each area.
MeasureThis homeMadison 07940Morris County
Estimated valuepricier than$603,0012% of homes33% of homes
Price per ft²pricier than$60972% of homes96% of homes
Living areabigger than990 ft²2% of homes7% of homes
Lot sizebigger than0.11 ac12% of homes12% of homes
Year builtnewer than199087% of homes76% of homes

About 40 Loantaka Way

How much is 40 Loantaka Way, Madison, NJ worth?

The TopHap Estimate for 40 Loantaka Way, Madison, NJ is $603,001 as of Sep 24, 2026. The likely range is $587,577 to $618,425. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Loantaka Way, Madison, NJ last sell?

40 Loantaka Way, Madison, NJ last sold on Oct 12, 2021 for $375,000, according to the county's recorded deed.

How big is 40 Loantaka Way, Madison, NJ?

40 Loantaka Way, Madison, NJ has 990 square feet of living space and a 0.11-acre lot.

When was 40 Loantaka Way, Madison, NJ built?

40 Loantaka Way, Madison, NJ was built in 1990, making it 36 years old. It is a modular home.

What schools serve 40 Loantaka Way, Madison, NJ?

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

How does 40 Loantaka Way, Madison, NJ compare to other homes in Madison 07940?

Among the 4,474 homes in Madison 07940, it is worth more than 2% of them ($603,001 against a typical $1,124,282), its price per square foot is higher than 72% of them ($609 against a typical $549), it is bigger than 2% of them (990 ft² against a typical 2,184 ft²), its lot is bigger than 12% of them (0.11 ac against a typical 0.24 ac) and it is newer than 87% of them (1990 against a typical 1953). Measured against all of Morris County, it is worth more than 33% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

More homes on Loantaka Way

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