Morris County  »  07940  »  Prospect St  »  16 Prospect St

16 Prospect Street, Madison, NJ 07940 - Property report

Also known as: 16 Prospect St

Property image for 16 Prospect Street, Madison, NJ 07940

Property type

Store-Other (739)

Year built

1920

Acreage

0.2

Sale price

$1

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
16 Prospect Street
ZIP code
07940
County
Morris
Block
2601
Lot
10.03
Municipality
1417
Qualifier
Parcel ID
2601-10.03-C-003

Owner

Find out who owns 16 Prospect Street, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/22/2007
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$18,690
Building
Property type
Store-Other (739)
Building sq. ft.
3,147
Year built
1920
Lot
Acreage
0.2
Zoning & Use
Zoning
Ownership

Ownership information for 16 Prospect Street, Madison, NJ

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

Sales history for 16 Prospect Street, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
05/22/2007 $1 XXXXXXX, XXXXXXX X XXXXXXX, XXXXXXX X XXX
05/16/2006 $1 XXXX XXXX XXXXXXXXXX XX XX XX XXXX XXXX XXXXXXXXXX XX XX XX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/04/2007 - R
05/22/2007 - D		 Deed and Realty Tax Fees XXXXXXX, XXXXXXX X XXX XXXXXXX, XXXXXXX X
05/26/2006 - R
05/16/2006 - D		 Deed and Realty Tax Fees XXXX XXXX XXXXXXXXXX XX XX XX XXXX XXXX XXXXXXXXXX XX XX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 16 Prospect 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
$18,690
Recent tax assessments
Market value
$739,900
Land value
$400,000
Building value
$339,900

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 $739,900 $739,900 2.526 $18,690 +18.59%
2024 $739,900 $739,900 2.13 $15,760 +3.45%
2023 $739,900 $739,900 2.059 $15,235 +0.24%
2022 $739,900 $739,900 2.054 $15,198 +1.38%
2021 $739,900 $739,900 2.026 $14,990 +1.05%
2020 $739,900 $739,900 2.005 $14,835 +1.62%
2019 $739,900 $739,900 1.973 $14,598 +2.60%
2018 $739,900 $739,900 1.923 $14,228 +0.79%
2017 $739,900 $739,900 1.908 $14,117 +1.76%
2016 $739,900 $739,900 1.875 $13,873 +1.90%
Permits

Permit information for 16 Prospect Street, 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

Neighbors for 16 Prospect Street, Madison, NJ

117 Main St, Madison 153 Main St, Madison 22 Prospect St, Madison 171 Main St, Madison 114 Kings Rd, Madison 133 Main St, Madison 10 Prospect St, Madison 3 Cottage Pl, Madison 137 Main St, Madison 139 Main St, Madison 143 Main St, Madison 159 Main St, Madison 14 Prospect St, Madison 155 Main St, Madison 1 Cottage Pl, Madison 12 Cross St, Madison 16 Cross St, Madison 145 Main St, Madison 107 Main St, Madison 10 Cross St, Madison

Nearby ZIP codes for 16 Prospect Street, Madison, NJ

07039, Essex County, NJ 07054, Morris County, NJ 07078, Essex County, NJ 07081, Union 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 16 Prospect Street, Madison, NJ 07940?

The development at 16 Prospect Street, Madison, NJ 07940 was built in 1920.

What is the market value of 16 Prospect Street, Madison, NJ 07940?

The current market value of 16 Prospect Street, Madison, NJ 07940 is $739,900.

What is the total square footage of 16 Prospect Street, Madison, NJ 07940?

16 Prospect Street, Madison, NJ 07940 has a total of 3,147 square feet.

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