Morris County » 07940 » Madison Ave » 15 Madison Ave

15 Madison Avenue, Madison, NJ 07940 - Property report

Also known as: 15 Madison Ave

Property image for 15 Madison Avenue, Madison, NJ 07940

Property type

Apartment-Other (029)

Year built

1860

Acreage

0.584

Sale price

$1,550,000

General information

Address

Primary address

15 Madison Avenue

ZIP code

07940

County

Morris

Block

1401

Lot

Municipality

1417

Qualifier

Parcel ID

1401-1

Sales

Sale date

06/07/2018

Sale price

$1,550,000

Arm's length

Tax

Tax year

2026

Current property tax

$32,734

Building

Property type

Apartment-Other (029)

Building sq. ft.

6,256

Stories

2.5

Year built

1860

Exterior structural material

Lot

Acreage

0.584

Zoning & Use

Zoning

Qualified opportunity zone

Area overview

Walk score

86 /100. Very Walkable

Transit score

0 /100. Minimal Transit

Bike score

51 /100. Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 15 Madison Avenue, Madison, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 15 Madison Avenue, Madison, NJ 07940

Sale date	Sale price	Buyer name	Seller name
06/07/2018	$1,550,000	XXXXXXX XXXXXXX XXXXX XXX; XXX XXXX XXXXXXX XXXXX XXX	XXXX XXXXXXXXXX
06/28/2007	$1,650,000	XXXX XXXXXXXXXX-XXXXXXX XXXX	XXXXXXXXX, XXXXXXXX X & XXXX XXX
08/02/1993	$99

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date	Type	Party 1	Party 2
06/27/2025 - R 06/24/2025 - D	Mortgage	XXXXXXX XXXXXXX XXXXX XXX	XXXXXXXX XXXX
06/28/2018 - R 06/20/2018 - D	Assignment	XXXXXXX XXXXXXX XXXXX XXX	XXXXXXXXXX XXXX
06/28/2018 - R 06/20/2018 - D	Mortgage	XXXXXXX XXXXXXX XXXXX XXX	XXXXXXXXXX XXXX
06/28/2018 - R 06/07/2018 - D	Deed and Realty Tax Fees	XXXX XXXXXXXXXX	XXXXXXX XXXXXXX XXXXX XXX
07/05/2007 - R 06/28/2007 - D	Deed and Realty Tax Fees	XXXXXXXXX, XXXXXXXX X & XXXX XXX	XXXX XXXXXXXXXX-XXXXXXX XXXX
08/02/1993 - D	Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 15 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

$32,734

Recent tax assessments

Market value

$1,295,900

Land value

$695,000

Building value

$600,900

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	$1,295,900	$1,295,900	2.526	$32,734	+18.59%
2024	$1,295,900	$1,295,900	2.13	$27,603	+3.45%
2023	$1,295,900	$1,295,900	2.059	$26,683	+0.24%
2022	$1,295,900	$1,295,900	2.054	$26,618	+1.38%
2021	$1,295,900	$1,295,900	2.026	$26,255	+1.05%
2020	$1,295,900	$1,295,900	2.005	$25,983	+1.62%
2019	$1,295,900	$1,295,900	1.973	$25,568	+2.60%
2018	$1,295,900	$1,295,900	1.923	$24,920	+0.79%
2017	$1,295,900	$1,295,900	1.908	$24,726	+1.76%
2016	$1,295,900	$1,295,900	1.875	$24,298	+1.90%

Permits

Permit information for 15 Madison Avenue, Madison, NJ

No recently recorded permits for this property.

Listings

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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 15 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.

Nearby ZIP codes for 15 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 15 Madison Avenue, Madison, NJ 07940?

The development at 15 Madison Avenue, Madison, NJ 07940 was built in 1860.

What is the total square footage of 15 Madison Avenue, Madison, NJ 07940?

15 Madison Avenue, Madison, NJ 07940 has a total of 6,256 square feet.

When was 15 Madison Avenue, Madison, NJ 07940 last sold and what was the sale price?

15 Madison Avenue, Madison, NJ 07940 was last sold on 06/07/2018 for $1,550,000.

What is the assessed value of 15 Madison Avenue, Madison, NJ 07940?

15 Madison Avenue, Madison, NJ 07940 is currently assessed at $1,295,900.

What are the property taxes for 15 Madison Avenue, Madison, NJ 07940?

The property taxes for 15 Madison Avenue, Madison, NJ 07940 total $32,734.

How many residential units does this building have?

This building has 7 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.