2 Loantaka Terrace, Madison, NJ 07940 Property Information
2 Loantaka Terrace, Madison, NJ 07940 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 2 Loantaka Terrace, Madison |
| Zip code | 07940 |
| County | Morris |
| Municipality | Madison Borough |
| Block | 3101 |
| Lot | 18 |
Sales & Tax Overview for 2 Loantaka Terrace, Madison
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 10/14/2022 |
| Sale price | $820,000 |
| Arm's length | Register |
| Property tax | $11,905 |
Lot & Building Information for 2 Loantaka Terrace, Madison
| Building sqft | 2,280 |
| Building class | Residential (2) |
| Acreage | 0.248 |
| Year built | 1965 |
| Stories | 2 |
| Garage | Attached |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 2 Loantaka Terrace, Madison
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- • Improvements for 2 Loantaka Terrace, Madison , including their type, square footage, grade and when they were built.
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About 2 Loantaka Terrace, Madison
2 Loantaka Terrace, Madison, NJ 07940 was built in 1965 and has a total of 2,280 square feet.
What is the assessed value of 2 Loantaka Terrace, Madison, NJ 07940 and the property tax paid?Assessed at $558,900, the tax amount paid for 2 Loantaka Terrace, Madison, NJ 07940 is $14,117.
When was 2 Loantaka Terrace, Madison, NJ 07940 last sold and what was the last sale price?2 Loantaka Terrace, Madison, NJ 07940 was last sold in 10/14/2022 for $820,000.
Ownership Information
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Past Sales & Property History for 2 Loantaka Terrace, Madison
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Title Documents for 2 Loantaka Terrace, Madison
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R: Recorded date
D: Document date
Property Taxes for 2 Loantaka Terrace, Madison
Access detailed property tax data for 2 Loantaka Terrace, Madison, NJ 07940. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $11,905 |
| Market value | $558,900 |
Assessment History for 2 Loantaka Terrace, Madison
Here's the assessment & property tax history for 2 Loantaka Terrace, 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 | $558,900 | $558,900 | 2.13 | $11,905 | +13.79% |
| 2023 | $508,100 | $508,100 | 2.059 | $10,462 | +0.24% |
| 2022 | $508,100 | $508,100 | 2.054 | $10,436 | +1.38% |
| 2021 | $508,100 | $508,100 | 2.026 | $10,294 | +1.05% |
| 2020 | $508,100 | $508,100 | 2.005 | $10,187 | +1.62% |
Risk
Create a free account to unlock extended information for 2 Loantaka Terrace, 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 |
Transportation
Access the detailed traffic volume map for 2 Loantaka Terrace, Madison to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Schools
Nearest elementary schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Torey J. Sabatini Elementary School | 8 | Public | K-5 | 309 | 0.69 |
| F M Kirby Childrens Center | NR | Private | PK-5 | 305 | 0.70 |
| F M Kirby Childrens Center | NR | Private | PK-5 | 305 | 0.70 |
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.77 |
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.77 |
Nearest middle schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.77 |
| Madison Junior Middle School | 6 | Public | 6-8 | 579 | 1.24 |
| Ridgedale Middle School | 7 | Public | 6-8 | 296 | 1.67 |
| Chatham Middle School | 7 | Public | 6-8 | 877 | 2.47 |
| The Peck School | NR | Private | K-8 | 336 | 2.61 |
Nearest high schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Madison High School | 6 | Public | 9-12 | 824 | 1.14 |
| Chatham High School | 8 | Public | 9-12 | 1,231 | 2.80 |
| Eclc Of New Jersey | NR | Private | 1-12 | 177 | 2.96 |
| Fusion Academy | NR | Private | 6-12 | 51 | 3.04 |
| Whippany Park High School | 8 | Public | 9-12 | 595 | 3.39 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 2 Loantaka Terrace, Madison
Here are the neighbors for 2 Loantaka Terrace, Madison.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 14 Loantaka Ter, Madison | 2,192 | 09/02/2004 | $497,500 |
| 5 Ross CT, Madison | 2,554 | 06/17/2004 | $775,000 |
| 10 Loantaka Ter, Madison | 1,592 | 08/28/2023 | $853,000 |
| 124 Madison Ave, Madison | 2,932 | 08/21/2020 | $762,000 |
| 6 Ross CT, Madison | 2,498 | 07/24/2001 | $673,694 |
| 7 Vinal Pl, Madison | 2,596 | 08/21/2023 | $1,025,000 |
| 3 Ross CT, Madison | 2,801 | 08/11/1999 | $580,000 |
| 7 Ross CT, Madison | 3,065 | 06/24/1999 | $680,000 |
| 8 Ross CT, Madison | 3,832 | 09/14/2011 | $1 |
| 15 Loantaka Ter, Madison | 4,513 | 12/06/2019 | $1,399,900 |
| 11 Loantaka Ter, Madison | 3,490 | 08/23/2013 | $1,366,250 |
| 126 Madison Ave, Madison | 2,323 | 04/10/2017 | $529,000 |
| 120 Madison Ave, Madison | 10,084 | 09/06/2022 | $10 |
| 16 Loantaka Ter, Madison | 4,135 | 11/13/2025 | |
| 13 Loantaka Ter, Madison | 3,749 | 09/17/2019 | $1,349,000 |
| 4 Ross CT, Madison | 3,331 | 12/22/2003 | $840,000 |
| 6 Loantaka Ter, Madison | 1,688 | 06/04/2004 | $550,000 |
| 12 Loantaka Ter, Madison | 2,960 | 04/29/2003 | $425,000 |
| 8 Loantaka Ter, Madison | 1,865 | ||
| 18 Loantaka Ter, Madison | 4,229 | 10/24/2019 | $1,399,900 |