Morris County » 07940 » Community Pl » 7 Community Pl

7 Community Place, Madison, NJ 07940 - Property report

Also known as: 7 Community Pl

Property image for 7 Community Place, Madison, NJ 07940

Property type

Apartment-Other (029)

Year built

1926

Acreage

0.143

Sale price

$650,000

General information

Address

Primary address

7 Community Place

ZIP code

07940

County

Morris

Block

1502

Lot

Municipality

1417

Qualifier

Parcel ID

1502-2

Sales

Sale date

09/24/2012

Sale price

$650,000

Arm's length

Tax

Tax year

2026

Current property tax

$17,008

Building

Property type

Apartment-Other (029)

Building sq. ft.

4,230

Year built

1926

Exterior structural material

Lot

Acreage

0.143

Zoning & Use

Zoning

Qualified opportunity zone

Area overview

Walk score

91 /100. Walker's Paradise

Transit score

0 /100. Minimal Transit

Bike score

52 /100. Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 7 Community Place, Madison, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 7 Community Place, Madison, NJ 07940

Sale date	Sale price	Buyer name	Seller name
09/24/2012	$650,000	XXX XXXXXXXXXX XXX	XXXXXXXX, XXXX X
11/01/2002	$715,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date	Type	Amount	Party 1	Party 2	Doc #
10/03/2012 - R 09/24/2012 - D	Deed and Realty Tax Fees		XXXXXXXX, XXXX X	XXX XXXXXXXXXX XXX
11/01/2002 - 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 7 Community Place, 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

$17,008

Recent tax assessments

Market value

$673,300

Land value

$235,000

Building value

$438,300

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	$673,300	$673,300	2.526	$17,008	+18.59%
2024	$673,300	$673,300	2.13	$14,341	+3.45%
2023	$673,300	$673,300	2.059	$13,863	+0.24%
2022	$673,300	$673,300	2.054	$13,830	+1.38%
2021	$673,300	$673,300	2.026	$13,641	+1.05%
2020	$673,300	$673,300	2.005	$13,500	+1.62%
2019	$673,300	$673,300	1.973	$13,284	+2.60%
2018	$673,300	$673,300	1.923	$12,948	+0.79%
2017	$673,300	$673,300	1.908	$12,847	+1.76%
2016	$673,300	$673,300	1.875	$12,624	+1.90%

Permits

Permit information for 7 Community Place, 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 7 Community Place, 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 7 Community Place, 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 7 Community Place, Madison, NJ 07940?

The development at 7 Community Place, Madison, NJ 07940 was built in 1926.

What is the total square footage of 7 Community Place, Madison, NJ 07940?

7 Community Place, Madison, NJ 07940 has a total of 4,230 square feet.

When was 7 Community Place, Madison, NJ 07940 last sold and what was the sale price?

7 Community Place, Madison, NJ 07940 was last sold on 09/24/2012 for $650,000.

What is the assessed value of 7 Community Place, Madison, NJ 07940?

7 Community Place, Madison, NJ 07940 is currently assessed at $673,300.

What are the property taxes for 7 Community Place, Madison, NJ 07940?

The property taxes for 7 Community Place, Madison, NJ 07940 total $17,007.

How many residential units does this building have?

This building has 5 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.