Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$2,715,948$694 / 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 Oct 21, 2026
Last sold for $1,900,000 on May 12, 2023

43 MIDWOOD TER

MADISON, NJ 07940
0
Baths
3,916 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.
1.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$2.7M
$2.6M low$2.8M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,900,000 · May 12, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$31,950 (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.$1,535,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$929,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$606,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,500,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,535,800

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.Colonial
CountyMORRIS
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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 · 0.6 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%

Owner Tools

Do you own this home?
Claim this home

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

43 Midwood Ter 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 most valuable homes in Morris County
  • Costs more per square foot than 98% of homes in Morris County
  • Bigger than 94% of homes in Morris County
  • Has a bigger lot than 98% of homes in Madison 07940
  • Newer than 70% 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
$593K$3.2M

This home is worth more than 95% 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$2,715,948
CheaperTypical $1,120,898Pricier

Pricier than 95% of homes nearby

Price per ft²$694
CheaperTypical $546Pricier

Pricier than 89% of homes nearby

Living area3,916 ft²
SmallerTypical 2,184 ft²Bigger

Bigger than 89% of homes nearby

Lot size1.12 ac
SmallerTypical 0.24 acBigger

Bigger than 98% of homes nearby

Year built1966
OlderTypical 1953Newer

Newer than 70% of homes nearby

How 43 Midwood Ter ranks against every home in each area.
MeasureThis homeMadison 07940Morris County
Estimated valuepricier than$2,715,94895% of homesalmost all homes
Price per ft²pricier than$69489% of homes98% of homes
Living areabigger than3,916 ft²89% of homes94% of homes
Lot sizebigger than1.12 ac98% of homes87% of homes
Year builtnewer than196670% of homes49% of homes

About 43 Midwood Ter

How much is 43 Midwood Ter, Madison, NJ worth?

The TopHap Estimate for 43 Midwood Ter, Madison, NJ is $2,715,948 as of Oct 21, 2026. The likely range is $2,630,756 to $2,801,140. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 43 Midwood Ter, Madison, NJ last sell?

43 Midwood Ter, Madison, NJ last sold on May 12, 2023 for $1,900,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

When was 43 Midwood Ter, Madison, NJ built?

43 Midwood Ter, Madison, NJ was built in 1966, making it 60 years old. It is a colonial home. The building has 2 stories.

What schools serve 43 Midwood Ter, Madison, NJ?

43 Midwood Ter, 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 43 Midwood Ter, Madison, NJ compare to other homes in Madison 07940?

Among the 4,474 homes in Madison 07940, it is worth more than 95% of them ($2,715,948 against a typical $1,120,898), its price per square foot is higher than 89% of them ($694 against a typical $546), it is bigger than 89% of them (3,916 ft² against a typical 2,184 ft²), its lot is bigger than 98% of them (1.12 ac against a typical 0.24 ac) and it is newer than 70% of them (1966 against a typical 1953). Measured against all of Morris County, it is worth more than almost all homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 43 Midwood Ter, Madison, NJ?

The 2024 property tax bill for 43 Midwood Ter, Madison, NJ was $31,950. The county assessed it at $1,535,800.

More homes on Midwood Ter

Closest homes

More homes in Madison 07940

Assigned schools

Explore the area

See this home in context

Open 43 Midwood Ter 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