Commercial (General)Commercial
Last sold for $14,175,000 on Jun 2, 2015
55 MADISON AVE
MORRIS PLAINS, NJ 07950
0
Baths
2.42 ac
Lot SizeThe size of the land the home sits on, from county records.
Valuation
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$14,175,000 · Jun 2, 2015
Tax & Assessment
Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$239,163 (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.$14,227,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,025,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$11,202,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$14,227,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$14,227,400
Property Facts
Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial (General)
CountyMORRIS
PoolWhether the property has a pool, and what kind, such as in-ground.No
Transaction History(5)
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 07950These 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.59
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.109
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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.22,201
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,351 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$144,977
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$171,883
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%
Owner Tools
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Claim this homeData 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
55 Madison Ave 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 lots in Morris Plains 07950
How it measures up in Morris Plains 07950
The dot is this home. The mark in the middle is the typical home in Morris Plains 07950.
Lot size2.42 ac
SmallerTypical 0.31 acBigger
Bigger than almost all homes nearby
| Measure | This home | Morris Plains 07950 | Morris County |
|---|---|---|---|
| Lot sizebigger than | 2.42 ac | almost all homes | 95% of homes |
More homes on Madison Ave
Closest homes
- 320 South St0.2 mi · 34.13 ac · Sold $122K · Jan 2017
- 334 South St0.2 mi · 15,021 ft² · Sold Jan 1900
- 19 Revere Rd$871K0.2 mi · 1,507 ft² · Sold $209K · Sep 1989
- 321 South St$817K0.2 mi · 1,706 ft² · Sold $340K · Jan 2010
- 21 Green Hill Rd$783K0.2 mi · 1,391 ft² · Sold $410K · Jun 2015
- 323 South St$825K0.2 mi · 1,644 ft² · Sold $527K · Dec 2021
- 13 Revere Rd$1.6M0.2 mi · 6,594 ft² · Sold $638K · Jan 1999
- 9 Continental Ave$955K0.2 mi · 1,861 ft² · Sold $465K · Sep 2006
More homes in Morris Plains 07950
- 2467 State Route 10$242K800 ft² · Sold $240K · Oct 2026
- 78 Sun Valley Way$880K1,988 ft² · Sold $925K · Oct 2026
- 67 Jaime Ct$565K1,524 ft² · Sold $565K · Oct 2026
- 23 Beech Dr$1.2M3,521 ft² · Sold $1.1M · Oct 2026
- 22 Hawthorne Ave$605K1,192 ft² · Sold $579K · Sep 2026
- 94 Edgefield Dr$706K1,928 ft² · Sold $706K · Sep 2026
- 13 Whitney Ave$843K2,132 ft² · Sold $989K · Sep 2026
- 16 Trowbridge Rd$825K2,616 ft² · Sold $825K · Sep 2026
- 2467 State Route 10$234K800 ft² · Sold $240K · Sep 2026
- 2467 State Route 10$225K800 ft² · Sold $260K · Sep 2026
- 28 Delbrook Rd$775K1,612 ft² · Sold $775K · Sep 2026
- 32 Headley Ave$835K2,073 ft² · Sold $835K · Sep 2026
Explore the area
See this home in context
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