Morris County  »  07940  »  Laurel Way  »  5 Laurel Way

5 Laurel Way, Madison, NJ 07940 - Property report

Also known as: 5 Laurel Way

Property image for 5 Laurel Way, Madison, NJ 07940
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Property type

Residential (2)

Year built

2018

Acreage

0.296

Sale price

$1,413,500

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
5 Laurel Way
ZIP code
07940
County
Morris
Block
3301
Lot
32
Municipality
1417
Parcel ID
3301-32

Owner

Find out who owns 5 Laurel Way, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/23/2021
Sale price
$1,413,500
Arm's length
Tax
Tax year
2026
Current property tax
$29,377
Building
Property type
Residential (2)
Building sq. ft.
4,958
Stories
2
Year built
2018
Exterior structural material
Lot
Acreage
0.296
Garage
Attached
Zoning & Use
Zoning

Area overview

Walk score
20 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
56 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 5 Laurel Way, Madison, NJ

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

Sales history for 5 Laurel Way, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
08/23/2021 $1,413,500 XXXX XXXXXXXX XXXXX XXXXXXX XXXXX; XXXXXXX XXXXXXX X; XXXXXXX X X
08/26/2020 $1,200,000 XXXXXXX XXXXX; XXXXXXX XXXXXXX X XXXX XXXXXXXXXX XXX
05/05/2017 $625,000 XXXX XXXXXXXXXX XXX XXXXXXX, XXXXXX X

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/06/2021 - R
08/23/2021 - D		 Deed and Realty Tax Fees XXXXXXX XXXXX XXXX XXXXXXXX XXXXX
12/14/2020 - R
08/26/2020 - D		 Mortgage XXXXXXX XXXXX XXXXXXXX XXXXX XXXX XX
12/14/2020 - R
08/26/2020 - D		 Deed and Realty Tax Fees XXXX XXXXXXXXXX XXX XXXXXXX XXXXX
06/07/2017 - R
05/05/2017 - D		 Deed and Realty Tax Fees XXXXXXX, XXXXXX X XXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5 Laurel Way, 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
$29,377
Recent tax assessments
Market value
$1,163,000
Land value
$383,400
Building value
$779,600

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 $1,163,000 $1,163,000 2.526 $29,377 +18.59%
2024 $1,163,000 $1,163,000 2.13 $24,772 +3.45%
2023 $1,163,000 $1,163,000 2.059 $23,946 +0.24%
2022 $1,163,000 $1,163,000 2.054 $23,888 +143.91%
2021 $483,400 $483,400 2.026 $9,794 +1.05%
2020 $483,400 $483,400 2.005 $9,692 +20.28%
2019 $408,400 $408,400 1.973 $8,058 -32.53%
2018 $621,000 $621,000 1.923 $11,942 +0.79%
2017 $621,000 $621,000 1.908 $11,849 +1.76%
2016 $621,000 $621,000 1.875 $11,644 +1.90%
Permits

Permit information for 5 Laurel Way, Madison, NJ

No recently recorded permits for this property.

Neighborhood

Risk

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FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
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Access the detailed traffic volume map for 5 Laurel Way, Madison, NJ 07940 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Montessori Children's Academy NR Private PK-K 53 1.13
Montessori Children's Academy NR Private PK-K 53 1.13
F M Kirby Childrens Center NR Private PK-5 305 1.26
F M Kirby Childrens Center NR Private PK-5 305 1.26
Torey J. Sabatini Elementary School 8 Public K-5 309 1.32
Normandy Park School 6 Public K-5 347 1.36
Woodland School NR Public K-2 295 1.45
St Vincent Martyr School NR Private PK-8 461 1.48
Central Avenue Elementary School 9 Public PK, K-5 509 1.60
Central Avenue Elementary School 9 Public PK, K-5 509 1.60
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St Vincent Martyr School NR Private PK-8 461 1.48
The Peck School NR Private K-8 336 1.92
Madison Junior Middle School 6 Public 6-8 579 1.94
Ridgedale Middle School 7 Public 6-8 296 1.96
Fusion Academy NR Private 6-12 51 2.34
Assumption Of The Bvm School NR Private PK-8 457 2.49
Unity Charter School 6 Charter K-8 263 2.68
Chatham Middle School 7 Public 6-8 877 3.17
Allegro School NR Private PK, K-12 57 3.21
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Madison High School 6 Public 9-12 824 1.61
Fusion Academy NR Private 6-12 51 2.34
Academy of Saint Elizabeth NR Private 9-12 192 2.76
Academy Of Saint Elizabeth NR Private 9-12 212 2.76
Whippany Park High School 8 Public 9-12 595 2.99
Morristown High School 5 Public 9-12 1,868 3.14
Shepard High School NR Private 9-12 70 3.15
Allegro School NR Private PK, K-12 57 3.21
Chatham High School 8 Public 9-12 1,231 3.50

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 5 Laurel Way, Madison, NJ

23 Laurel Way, Madison 29 Laurel Way, Madison 1 Treadwell Ave, Madison 39 Laurel Way, Madison 2 Laurel Way, Madison 15 Laurel Way, Madison 38 Laurel Way, Madison 26 Laurel Way, Madison 33 Laurel Way, Madison 18 Laurel Way, Madison 8 Laurel Way, Madison 27 Laurel Way, Madison 15 Treadwell Ave, Madison 9 Laurel Way, Madison 42 Laurel Way, Madison 45 Woodcliff Dr, Madison 19 Laurel Way, Madison 4 Laurel Way, Madison 11 Laurel Way, Madison 43 Laurel Way, Madison

Nearby ZIP codes for 5 Laurel Way, Madison, NJ

07039, Essex County, NJ 07054, Morris 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 5 Laurel Way, Madison, NJ 07940?

The development at 5 Laurel Way, Madison, NJ 07940 was built in 2018.

What is the total square footage of 5 Laurel Way, Madison, NJ 07940?

5 Laurel Way, Madison, NJ 07940 has a total of 4,958 square feet.

When was 5 Laurel Way, Madison, NJ 07940 last sold and what was the sale price?

5 Laurel Way, Madison, NJ 07940 was last sold on 08/23/2021 for $1,413,500.

What is the assessed value of 5 Laurel Way, Madison, NJ 07940?

5 Laurel Way, Madison, NJ 07940 is currently assessed at $1,163,000.

What are the property taxes for 5 Laurel Way, Madison, NJ 07940?

The property taxes for 5 Laurel Way, Madison, NJ 07940 total $29,377.

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