Morris County  »  07940  »  Madison Ave  »  51 Madison Ave

51 Madison Avenue, Madison, NJ 07940 - Property report

Also known as: 51 Madison Ave

Property image for 51 Madison Avenue, Madison, NJ 07940
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Property type

Hospital-Nursing Home (278)

Year built

1947

Acreage

2.825

Sale price

$8,300,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
51 Madison Avenue
ZIP code
07940
County
Morris
Block
1301
Lot
11
Municipality
1417
Qualifier
Parcel ID
1301-11

Owner

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Sales
Sale date
09/08/2016
Sale price
$8,300,000
Arm's length
Tax
Tax year
2026
Current property tax
$121,968
Building
Property type
Hospital-Nursing Home (278)
Building sq. ft.
31,570
Year built
1947
Exterior structural material
Lot
Acreage
2.825
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
72 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
45 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 51 Madison Avenue, Madison, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 51 Madison Avenue, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
09/08/2016 $8,300,000 XX XXXXXXX XXXXXX XXXXXX XXX XXXXXXX XXX XXXXXX XXXXXXXX XXX
08/31/2010 $4,800,000 XXXXXXX XXX XXXXXX XXXXXXXX XXX XXXX XXXXX XXXXXXXXXXXX XXXXXX XXX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/30/2019 - D
05/30/2019 - R		 Agreement XXXXXXXXX XXXXXX XXXXXXX XXX XX XXXXXXXX XXXXXXXXX XXXXXX XXXXXXX XXX XX XXXXXXXX
05/30/2019 - D
05/30/2019 - R		 Agreement XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXXXX XXX
05/30/2019 - D
05/30/2019 - R		 Agreement XX XXXXXX XXX XX XXXXXX XXX
05/30/2019 - D
05/30/2019 - R		 Agreement XXXXXXXXX XXXXXX XXXXXXX XXX XX XXXXXXXX XXXXXXXXX XXXXXX XXXXXXX XXX XX XXXXXXXX
05/30/2019 - D
05/30/2019 - R		 Agreement XXXXX XXXXX XXXXX XXXXX
05/30/2019 - D
05/30/2019 - R		 Mortgage XXXXX XXX XXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX XX XXXXXXXX
09/27/2018 - R
08/28/2018 - D		 Mortgage Modification XXXX XXXX XXX XXXX XXXX XXX
09/16/2016 - R
09/08/2016 - D		 Deed and Realty Tax Fees XXXXXXX XXX XXXXXX XXXXXXXX XXX XX XXXXXXX XXXXXX XXXXXX XXX
09/10/2010 - R
08/31/2010 - D		 Deed and Realty Tax Fees XXXX XXXXX XXXXXXXXXXXX XXXXXX XXX XXXXXXX XXX XXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 51 Madison Avenue, Madison, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$121,968
Recent tax assessments
Market value
$4,828,500
Land value
$2,240,000
Building value
$2,588,500

More about Morris County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $4,828,500 $4,828,500 2.526 $121,968 +18.59%
2024 $4,828,500 $4,828,500 2.13 $102,847 +3.45%
2023 $4,828,500 $4,828,500 2.059 $99,419 +0.24%
2022 $4,828,500 $4,828,500 2.054 $99,177 +1.38%
2021 $4,828,500 $4,828,500 2.026 $97,825 +1.05%
2020 $4,828,500 $4,828,500 2.005 $96,811 +1.62%
2019 $4,828,500 $4,828,500 1.973 $95,266 +2.60%
2018 $4,828,500 $4,828,500 1.923 $92,852 +0.79%
2017 $4,828,500 $4,828,500 1.908 $92,128 +1.76%
2016 $4,828,500 $4,828,500 1.875 $90,534 +1.90%
Permits

Permit information for 51 Madison Avenue, Madison, NJ

No recently recorded permits for this property.

Neighborhood

Demographics by ZIP code

Total population
17,610
Median age
35.3
Average household income
$263,789
Family households
68.3%
People per household (average)
2.65
Occupied housing units
5,653
Owner-occupied units
64.0%
Median year structure built
1961
Median value mortgaged units
$973,000
Median value unmortgaged units
$872,000

Risk

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FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 51 Madison Avenue, Madison, NJ 07940 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 51 Madison Avenue, Madison, NJ

60 Park Ave, Madison 40 Elm St, Madison 6 Elm St, Madison 58 Park Ave, Madison 32 Elm St, Madison Boro 26 Elm St, Madison 16-18 Elm St, Madison 14 Elm St, Madison 57 Madison Ave, Madison 67 Madison Ave, Madison 44 Elm St, Madison 73 Madison Ave, Madison 39-43 Madison Ave, Madison 10 Elm St, Madison 54 Elm St, Madison 3 Kinney St, Madison 47 Madison Ave, Madison 17-33 Madison Ave, Madison 48 Elm St, Madison 58 Elm St, Madison

Nearby ZIP codes for 51 Madison Avenue, Madison, NJ

07039, Essex County, NJ 07054, Morris County, NJ 07092, Union County, NJ 07922, Union County, NJ 07927, Morris County, NJ 07928, Morris County, NJ 07932, Morris County, NJ 07933, Morris County, NJ 07935, Morris County, NJ 07936, Morris County, NJ 07950, Morris County, NJ 07960, Morris County, NJ 07961, Morris County, NJ 07974, Union County, NJ 07976, Morris County, NJ 07980, Morris County, NJ 07981, Morris County, NJ

Frequently asked questions

What is the year built for 51 Madison Avenue, Madison, NJ 07940?

The development at 51 Madison Avenue, Madison, NJ 07940 was built in 1947.

What is the total square footage of 51 Madison Avenue, Madison, NJ 07940?

51 Madison Avenue, Madison, NJ 07940 has a total of 31,570 square feet.

When was 51 Madison Avenue, Madison, NJ 07940 last sold and what was the sale price?

51 Madison Avenue, Madison, NJ 07940 was last sold on 09/08/2016 for $8,300,000.

What is the assessed value of 51 Madison Avenue, Madison, NJ 07940?

51 Madison Avenue, Madison, NJ 07940 is currently assessed at $4,828,500.

What are the property taxes for 51 Madison Avenue, Madison, NJ 07940?

The property taxes for 51 Madison Avenue, Madison, NJ 07940 total $121,967.

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