| Primary address | 255 Main Street, Madison |
| Zip code | 07940 |
| County | Morris |
| Municipality | Madison Borough |
| Block | 2402 |
| Lot | 4 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/03/2025 |
| Sale price | $11,650,000 |
| Arm's length | Register |
| Property tax | $93,720 |
| Building sqft | 10,782 |
| Building class | Apartment (4C) |
| Acreage | 2 |
| Units | 34 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Apartment (4C) located at 255 Main Street, Madison, NJ 07940 has a total of 10,782 square feet.
What is the assessed value of 255 Main Street, Madison, NJ 07940 and the property tax paid?Assessed at $4,400,000, the tax amount paid for 255 Main Street, Madison, NJ 07940 is $111,144.
When was 255 Main Street, Madison, NJ 07940 last sold and what was the last sale price?255 Main Street, Madison, NJ 07940 was last sold in 07/03/2025 for $11,650,000.
How many residential units does this building have?This building has 34 residential unit(s).
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 255 Main Street, Madison, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 07/03/2025 | $11,650,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 255 Main Street, Madison, NJ 07940. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $93,720 |
| Market value | $4,400,000 |
Here's the assessment & property tax history for 255 Main Street, 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 |
|---|---|---|---|---|---|
| 2024 | $4,400,000 | $4,400,000 | 2.13 | $93,720 | +3.45% |
| 2023 | $4,400,000 | $4,400,000 | 2.059 | $90,596 | +0.24% |
| 2022 | $4,400,000 | $4,400,000 | 2.054 | $90,376 | +1.38% |
| 2021 | $4,400,000 | $4,400,000 | 2.026 | $89,144 | +1.05% |
| 2020 | $4,400,000 | $4,400,000 | 2.005 | $88,220 | +1.62% |
| Total population | 17,675 |
| Median age | 35 |
| Average household income | $248,182 |
| Family households | 69.2% |
| Occupied housing units | 5,566 |
| Owner occupied units | 64.2% |
| Average number of people per household | 2 |
| Median year structure built | 1959 |
| Median value for units with a mortgage | $919,200 |
| Median value for units without a mortgage | $810,700 |
Create a free account to unlock extended information for 255 Main Street, 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 |
Access the detailed traffic volume map for 255 Main Street, 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 |
Here are the neighbors for 255 Main Street, Madison.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 8 Bruns St, Madison | 1,459 | 04/30/1996 | $1 |
| 8 Magnolia CT, Madison | 3,348 | ||
| 190 Kings Rd, Madison | 1,488 | 02/06/2012 | $100 |
| 245 Main St, Madison | 1,476 | 04/30/1996 | $1 |
| 10 Samson Ave, Madison | 972 | 10/29/2003 | $1 |
| 170 Kings Rd, Madison | 2,546 | 06/20/2017 | $632,000 |
| 176 Kings Rd, Madison | 1,494 | ||
| 174 Kings Rd, Madison | 1,040 | 01/11/2000 | $1 |
| 10 Magnolia CT, Madison | 4,152 | 09/15/1994 | $1 |
| 4 Magnolia CT, Madison | 3,416 | ||
| 6 Bruns St, Madison | 820 | ||
| 12 Magnolia CT, Madison | 3,256 | 09/15/1994 | $1 |
| 6 Magnolia CT, Madison | 3,256 | ||
| 194 Kings Rd, Madison | 2,069 | 05/15/2021 | $575,000 |
| 6 Samson Ave, Madison | 1,230 | 11/19/2021 | $622,500 |
| 186 Kings Rd, Madison | 2,551 | 11/02/2004 | $520,000 |
| 4 Samson Ave, Madison | 2,197 | 11/06/2018 | $1 |
| 2 Magnolia CT, Madison | 3,256 | ||
| 200 Kings Rd, Madison | 2,732 | 03/10/1995 | $385,956 |
| 8 Samson Ave, Madison | 2,328 | 06/03/2015 | $670,000 |