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Single Family ResidenceResidential
$734,687$667 / 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 88How 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 $650,000 on Feb 21, 2025

47 MADISON ST

MORRISTOWN, NJ 07960
0
Baths
1,102 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1916
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$735K
$644K low$825K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$650,000 · Feb 21, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,180 (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.$392,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$236,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$155,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$392,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$392,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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

Neighborhood · ZIP 07960These 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.94
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.105

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
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.47,815
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,393 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$148,315
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$203,292
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

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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

47 Madison 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.

  • Worth less than 77% of homes in Morristown 07960
  • Costs more per square foot than 97% of homes in Morristown 07960
  • Smaller than 95% of homes in Morristown 07960
  • Has a smaller lot than 86% of homes in Morris County
  • Older than 94% of homes in Morris County

What homes are worth in Morristown 07960

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

This home
$343K$2.5M

This home is worth more than 23% of homes in Morristown 07960.

How it measures up in Morristown 07960

The dot is this home. The mark in the middle is the typical home in Morristown 07960.

Estimated value$734,687
CheaperTypical $935,455Pricier

Pricier than 23% of homes nearby

Price per ft²$667
CheaperTypical $427Pricier

Pricier than 97% of homes nearby

Living area1,102 ft²
SmallerTypical 2,231 ft²Bigger

Bigger than 5% of homes nearby

Lot size0.12 ac
SmallerTypical 0.36 acBigger

Bigger than 20% of homes nearby

Year built1916
OlderTypical 1965Newer

Newer than 12% of homes nearby

How 47 Madison St ranks against every home in each area.
MeasureThis homeMorristown 07960Morris County
Estimated valuepricier than$734,68723% of homes51% of homes
Price per ft²pricier than$66797% of homes97% of homes
Living areabigger than1,102 ft²5% of homes10% of homes
Lot sizebigger than0.12 ac20% of homes14% of homes
Year builtnewer than191612% of homes6% of homes

About 47 Madison St

How much is 47 Madison St, Morristown, NJ worth?

The TopHap Estimate for 47 Madison St, Morristown, NJ is $734,687 as of Sep 24, 2026. The likely range is $644,002 to $825,372. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 47 Madison St, Morristown, NJ last sell?

47 Madison St, Morristown, NJ last sold on Feb 21, 2025 for $650,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 47 Madison St, Morristown, NJ?

47 Madison St, Morristown, NJ has 1,102 square feet of living space and a 0.12-acre lot.

When was 47 Madison St, Morristown, NJ built?

47 Madison St, Morristown, NJ was built in 1916, making it 110 years old. The building has 2 stories.

How does 47 Madison St, Morristown, NJ compare to other homes in Morristown 07960?

Among the 11,621 homes in Morristown 07960, it is worth more than 23% of them ($734,687 against a typical $935,455), its price per square foot is higher than 97% of them ($667 against a typical $427), it is bigger than 5% of them (1,102 ft² against a typical 2,231 ft²), its lot is bigger than 20% of them (0.12 ac against a typical 0.36 ac) and it is newer than 12% of them (1916 against a typical 1965). Measured against all of Morris County, it is worth more than 51% of 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 47 Madison St, Morristown, NJ?

The 2024 property tax bill for 47 Madison St, Morristown, NJ was $6,180. The county assessed it at $392,400.

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