| Primary address | 51-55 Main Street, Madison |
| Zip code | 07940 |
| County | Morris |
| Municipality | Madison Borough |
| Block | 2701 |
| Lot | 7 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/03/2001 |
| Sale price | $1 |
| Arm's length | Register |
| Property tax | $48,514 |
| Building sqft | 16,689 |
| Building class | Commercial (4A) |
| Acreage | 0.25 |
| Year built | 1970 |
| Units | 8 |
| Exterior structural material | Register |
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:
51-55 Main Street, Madison, NJ 07940 was built in 1970 and has a total of 16,689 square feet.
What is the assessed value of 51-55 Main Street, Madison, NJ 07940 and the property tax paid?Assessed at $1,920,600, the tax amount paid for 51-55 Main Street, Madison, NJ 07940 is $48,514.
When was 51-55 Main Street, Madison, NJ 07940 last sold and what was the last sale price?51-55 Main Street, Madison, NJ 07940 was last sold in 12/03/2001 for $1.
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 51-55 Main Street, Madison, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 12/03/2001 | $1 | 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 51-55 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 | $48,514 |
| Market value | $1,920,600 |
Here's the assessment & property tax history for 51-55 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 |
|---|---|---|---|---|---|
| 2025 | $1,920,600 | $1,920,600 | 2.526 | $48,514 | +18.59% |
| 2024 | $1,920,600 | $1,920,600 | 2.13 | $40,909 | +3.45% |
| 2023 | $1,920,600 | $1,920,600 | 2.059 | $39,545 | +0.24% |
| 2022 | $1,920,600 | $1,920,600 | 2.054 | $39,449 | +1.38% |
| 2021 | $1,920,600 | $1,920,600 | 2.026 | $38,911 | +1.05% |
| Total population | 17,610 |
| Median age | 35.3 |
| Average household income | $263,789 |
| Family households | 68.3% |
| Occupied housing units | 5,653 |
| Owner occupied units | 64.0% |
| People per household (average) | 2.65 |
| Median year structure built | 1961 |
| Median value for units with a mortgage | $973,000 |
| Median value for units without a mortgage | $872,000 |
Create a free account to unlock extended information for 51-55 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 51-55 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 51-55 Main Street, Madison.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 11-13 Waverly Pl, Madison | 4,731 | 06/09/2005 | $1 |
| 5 Waverly Pl, Madison | 3,492 | 06/02/2015 | $800,000 |
| 67 Main St, Madison | 3,536 | 12/16/2009 | $800,000 |
| 41 Main St, Madison | 7,162 | 05/23/2019 | $2,700,000 |
| 29 Main St, Madison | 5,820 | 06/30/2006 | $1,500,000 |
| 1 Waverly Pl, Madison | 4,388 | 02/24/2005 | $1 |
| 19-23 Waverly Pl, Madison | 6,000 | 08/22/2025 | |
| 49 Main St, Madison | 1,460 | 10/21/2020 | $3,885,000 |
| 114 Kings Rd, Madison | |||
| 171 Main St, Madison | 12,880 | ||
| 3 Waverly Pl, Madison | 3,714 | 07/30/2007 | $1 |
| 17 Waverly Pl, Madison | 10,520 | 08/22/2025 | |
| 33-37 Main St, Madison | 5,656 | ||
| 2 Green Village Rd, Madison | 27,825 | 11/21/2000 | $125,000 |
| 159 Main St, Madison | 5,044 | 01/27/2017 | $1,850,000 |
| 15 Waverly Pl, Madison | 4,703 | 12/27/2024 | |
| 2 Waverly Pl, Madison | 7,532 | 10/06/1995 | $880,000 |
| 47 Main St, Madison | 8,162 | 10/21/2020 | $3,885,000 |
| 155 Main St, Madison | 1,419 | ||
| 7 Waverly Pl, Madison | 6,210 |