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Apartments (Generic)Residential
Last sold for $650,000 on Oct 3, 2012

7 COMMUNITY PL

MADISON, NJ 07940
0
Baths
4,230 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.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1926
Year BuiltThe year the home was originally built, according to county records.
3
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

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 · Oct 3, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$14,341 (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.$673,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$235,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$438,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$673,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$673,300

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Brick
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
Central Avenue Elementary SchoolA
Elementary · Grades PK–5 · 0.2 mi
M
Madison Junior SchoolB
Middle · Grades 6–8 · 0.5 mi
H
Madison High SchoolA-
High · Grades 9–12 · 0.8 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

7 Community Pl 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.

  • Bigger than 96% of homes in Morris County
  • Has a smaller lot than 85% of homes in Madison 07940
  • Older than 90% of homes in Morris County

How it measures up in Madison 07940

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

Living area4,230 ft²
SmallerTypical 2,195 ft²Bigger

Bigger than 92% of homes nearby

Lot size0.14 ac
SmallerTypical 0.24 acBigger

Bigger than 15% of homes nearby

Year built1926
OlderTypical 1953Newer

Newer than 20% of homes nearby

How 7 Community Pl ranks against every home in each area.
MeasureThis homeMadison 07940Morris County
Living areabigger than4,230 ft²92% of homes96% of homes
Lot sizebigger than0.14 ac15% of homes19% of homes
Year builtnewer than192620% of homes10% of homes

About 7 Community Pl

When did 7 Community Pl, Madison, NJ last sell?

7 Community Pl, Madison, NJ last sold on Oct 3, 2012 for $650,000, according to the county's recorded deed.

How big is 7 Community Pl, Madison, NJ?

7 Community Pl, Madison, NJ has 4,230 square feet of living space and a 0.14-acre lot.

When was 7 Community Pl, Madison, NJ built?

7 Community Pl, Madison, NJ was built in 1926, making it 100 years old. The building has 3 stories.

What schools serve 7 Community Pl, Madison, NJ?

7 Community Pl, Madison, NJ is assigned to Central Avenue Elementary School (elementary), rated A; Madison Junior School (middle), rated B; Madison High School (high), rated A-. All sit in Madison Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7 Community Pl, Madison, NJ compare to other homes in Madison 07940?

Among the 4,474 homes in Madison 07940, it is bigger than 92% of them (4,230 ft² against a typical 2,195 ft²), its lot is bigger than 15% of them (0.14 ac against a typical 0.24 ac) and it is newer than 20% of them (1926 against a typical 1953). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7 Community Pl, Madison, NJ?

The 2024 property tax bill for 7 Community Pl, Madison, NJ was $14,341. The county assessed it at $673,300.

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Assigned schools

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