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Commercial Office (General)Commercial
Last sold for $30,000,000 on Jan 21, 2014

MADISON AVE

MADISON, NJ 07940
0
Baths
50.01 ac
Lot SizeThe size of the land the home sits on, from county records.
5
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$30,000,000 · Jan 21, 2014

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,491,000 (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.$70,000,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$27,506,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$44,803,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$70,000,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$70,000,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial Office (General)
CountyMORRIS
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 SchoolB
Middle · Grades 6–8 · 1.4 mi
H
Madison High SchoolA-
High · Grades 9–12 · 1.5 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

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 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.

Lot size50.01 ac
SmallerTypical 0.24 acBigger

Bigger than almost all homes nearby

How Madison Ave ranks against every home in each area.
MeasureThis homeMadison 07940Morris County
Lot sizebigger than50.01 acalmost all homesalmost all homes

About Madison Ave

When did Madison Ave, Madison, NJ last sell?

Madison Ave, Madison, NJ last sold on Jan 21, 2014 for $30,000,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

What schools serve Madison Ave, Madison, NJ?

Madison Ave, Madison, NJ is assigned to Torey J. Sabatini 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.

What are the property taxes on Madison Ave, Madison, NJ?

The 2024 property tax bill for Madison Ave, Madison, NJ was $1,491,000. The county assessed it at $70,000,000.

More homes on Madison Ave

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Assigned schools

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