Morris County » 07940 » Sherwood Ave » 56 Sherwood Ave

56 Sherwood Avenue, Madison, NJ 07940 Property Information

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Address

Primary address	56 Sherwood Avenue, Madison
Zip code	07940
County	Morris
Municipality	Madison Borough
Block	901
Lot	40

Sales & Tax Overview for 56 Sherwood Avenue, Madison

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Property tax	$14,012

Lot & Building Information for 56 Sherwood Avenue, Madison

Building sqft	2,052
Building class	Residential (2)
Acreage	0.354
Year built	1954
Stories	1
Exterior structural material	Register

Zoning, Use & Area Overview

Walk Score

Transit Score

Bike Score

Zoning district	Single-Family Residence Zone (R-3)
Broadband internet providers and speed map	Register
Types of broadband connections map	Register

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 56 Sherwood Avenue, Madison

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• Improvements for 56 Sherwood Avenue, Madison , including their type, square footage, grade and when they were built.

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About 56 Sherwood Avenue, Madison

What is the year built & the total sq. ft. for 56 Sherwood Avenue, Madison, NJ 07940?

56 Sherwood Avenue, Madison, NJ 07940 was built in 1954 and has a total of 2,052 square feet.

What is the assessed value of 56 Sherwood Avenue, Madison, NJ 07940 and the property tax paid?

Assessed at $554,700, the tax amount paid for 56 Sherwood Avenue, Madison, NJ 07940 is $14,011.

Ownership Information

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Commercial Real Estate nearby

Real Estate Reports:

Laura Pop-Badiu, Jul 29, 2026 How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips

When it comes to efficiently contacting property owners, the challenge is twofold: First, you need to identify the right owner. Then, you need to reach that owner through the appropriate channel with the right message. Enhanced by effective follow-up tips and tactics, this guide is particularly useful for investors, agents and other real estate professionals who need an effective outreach process.

Lucian Alixandrescu, Jul 28, 2026 Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District

New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.

Eliza Theiss, Jul 22, 2026 Prices Rise in 32 of NYC’s Leading Neighborhoods as City and Manhattan Hit Record Highs

Q2 2026 saw NYC and Manhattan reach historic highs, with Brooklyn and Queens marking close to new records as well. Meanwhile, Hudson Yards remained at the top, Central Midtown posted its highest price ever and Carroll Gardens marked its third consecutive quarter over $2 million

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Past Sales & Property History for 56 Sherwood Avenue, Madison

Create a free account to view the complete sales history for 56 Sherwood Avenue, Madison, including title documents, transfer conditions, mortgages and liens.

No recorded sales for this property.

More about Morris County Property Records

Title Documents for 56 Sherwood Avenue, Madison

Data not available for this property.

Property Taxes for 56 Sherwood Avenue, Madison

Access detailed property tax data for 56 Sherwood Avenue, Madison, NJ 07940. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2025
Property tax	$14,012

Market value	$554,700

More about Morris County Property Taxes

Assessment History for 56 Sherwood Avenue, Madison

Here's the assessment & property tax history for 56 Sherwood Avenue, Madison, including the evolution of the total tax rate and corresponding property tax.

Year	Market value	Assessment value	Total tax rate	Property tax	Year over year change
2025	$554,700	$554,700	2.526	$14,012	+18.59%
2024	$554,700	$554,700	2.13	$11,815	+3.45%
2023	$554,700	$554,700	2.059	$11,421	+0.24%
2022	$554,700	$554,700	2.054	$11,394	+1.38%
2021	$554,700	$554,700	2.026	$11,238	+1.05%

Risk

Create a free account to unlock extended information for 56 Sherwood Avenue, Madison, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

Fire hazard zone	See more on map
Geohazard zones map	Register

Transportation

Access the detailed traffic volume map for 56 Sherwood Avenue, Madison to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Central Avenue Elementary School	9	Public	PK, K-5	509	0.60
Central Avenue Elementary School	9	Public	PK, K-5	509	0.60
F M Kirby Childrens Center	NR	Private	PK-5	305	0.82
F M Kirby Childrens Center	NR	Private	PK-5	305	0.82
Madison Montessori School	NR	Private	PK-K	50	0.91

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Madison Junior Middle School	6	Public	6-8	579	0.59
St Vincent Martyr School	NR	Private	PK-8	461	0.96
Ridgedale Middle School	7	Public	6-8	296	1.07
Chatham Middle School	7	Public	6-8	877	1.31
St. Patrick School	NR	Private	PK, K-8	269	1.87

Nearest high schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Madison High School	6	Public	9-12	824	0.62
Eclc Of New Jersey	NR	Private	1-12	177	1.88
Chatham High School	8	Public	9-12	1,231	2.19
Sinai Schools Maor	NR	Private		14	2.27
Joseph Kushner Hebrew Academy	NR	Private	PK-12	727	2.30

Neighbors for 56 Sherwood Avenue, Madison

Here are the neighbors for 56 Sherwood Avenue, Madison.

Address	Square feet	Purchase date	Purchase price
60 Sherwood Ave, Madison	1,353	01/17/2023	$292,500
5 Tracy Ln, Madison	2,346
36 Sherwood Ave, Madison	2,640	10/25/2012	$825,000
11 Valevue Rd, Madison	1,836	11/04/2022	$1
3 Tracy Ln, Madison	2,456	12/23/1994	$99
154 Rosedale Ave, Madison	2,595	02/12/2015	$425,000
49 Longview Ave, Madison	2,339	08/27/1998	$331,000
64 Sherwood Ave, Madison	2,962	07/25/2023	$1,675,000
15 Valevue Rd, Madison	2,056	09/23/2016	$670,000
44 Sherwood Ave, Madison	2,861	04/15/2013	$1
42 Sherwood Ave, Madison	2,209	11/17/2016	$726,000
51 Longview Ave, Madison	1,939
38 Sherwood Ave, Madison	4,046	02/01/2022	$1,550,000
7 Tracy Ln, Madison	2,949	06/12/2023	$1,500,000
160 Rosedale Ave, Madison	1,686
54 Sherwood Ave, Madison	3,664	07/30/2007	$1,165,000
50 Sherwood Ave, Madison	1,463	11/21/2014	$1
48 Sherwood Ave, Madison	3,768	05/25/2016	$1,299,000
32 Sherwood Ave, Madison	1,491	09/25/2025	$1,030,000
156 Rosedale Ave, Madison	864

Nearby ZIP Codes for 56 Sherwood Avenue, Madison

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