Morris County  »  07940  »  Main St  »  220-228 Main St

220-228 Main Street, Madison, NJ 07940 - Property report

Also known as: 220-228 Main St

Property image for 220-228 Main Street, Madison, NJ 07940
static Mapbox map

Property type

Store (SCILSR)

Year built

1957

Acreage

2.56

Sale price

$3,900,000

General information

Unlock this property report with a free account

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
220-228 Main Street
ZIP code
07940
County
Morris
Block
2205
Lot
10
Municipality
1417
Qualifier
Parcel ID
2205-10

Owner

Find out who owns 220-228 Main Street, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
11/16/1999
Sale price
$3,900,000
Arm's length
Tax
Tax year
2026
Current property tax
$132,615
Building
Property type
Store
Building sq. ft.
29,146
Year built
1957
Exterior structural material
Lot
Acreage
2.56
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 220-228 Main Street, Madison, NJ

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

Sales history for 220-228 Main Street, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
11/16/1999 $3,900,000

*Most recent sale on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/04/2024 - D
10/04/2024 - R
Mortgage XX XXXXXXX XXX XXXXXX XX XXXXX XXXX XXXXXXXXX XX
11/16/1999 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 220-228 Main Street, 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
$132,615
Recent tax assessments
Market value
$5,250,000
Land value
$2,570,000
Building value
$2,680,000

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 $5,250,000 $5,250,000 2.526 $132,615 +18.59%
2024 $5,250,000 $5,250,000 2.13 $111,825 +3.45%
2023 $5,250,000 $5,250,000 2.059 $108,098 +0.24%
2022 $5,250,000 $5,250,000 2.054 $107,835 +1.38%
2021 $5,250,000 $5,250,000 2.026 $106,365 +1.05%
2020 $5,250,000 $5,250,000 2.005 $105,263 +1.62%
2019 $5,250,000 $5,250,000 1.973 $103,583 +2.60%
2018 $5,250,000 $5,250,000 1.923 $100,958 +0.79%
2017 $5,250,000 $5,250,000 1.908 $100,170 +1.76%
2016 $5,250,000 $5,250,000 1.875 $98,438 -8.64%

Permit information for 220-228 Main Street, Madison, NJ

No recently recorded permits for this property.

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

Access the detailed traffic volume map for 220-228 Main Street, Madison, NJ 07940 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 220-228 Main Street, Madison, NJ 07940?

The development at 220-228 Main Street, Madison, NJ 07940 was built in 1957.

What is the total square footage of 220-228 Main Street, Madison, NJ 07940?

220-228 Main Street, Madison, NJ 07940 has a total of 29,146 square feet.

When was 220-228 Main Street, Madison, NJ 07940 last sold and what was the sale price?

220-228 Main Street, Madison, NJ 07940 was last sold on 11/16/1999 for $3,900,000.

What is the assessed value of 220-228 Main Street, Madison, NJ 07940?

220-228 Main Street, Madison, NJ 07940 is currently assessed at $5,250,000.

What are the property taxes for 220-228 Main Street, Madison, NJ 07940?

The property taxes for 220-228 Main Street, Madison, NJ 07940 total $132,615.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account