Morris County  »  07940  »  Laurel Way  »  38 Laurel Way

38 Laurel Way, Madison, NJ 07940 - Property report

Also known as: 38 Laurel Way

Property image for 38 Laurel Way, Madison, NJ 07940
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Property type

Residential (2)

Year built

1954

Acreage

0.356

Sale price

$995,000

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
38 Laurel Way
ZIP code
07940
County
Morris
Block
3302
Lot
3
Municipality
1417
Parcel ID
3302-3

Owner

Find out who owns 38 Laurel Way, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
09/02/2022
Sale price
$995,000
Arm's length
Tax
Tax year
2026
Current property tax
$20,448
Building
Property type
Residential (2)
Building sq. ft.
2,228
Stories
1
Year built
1954
Exterior structural material
Lot
Acreage
0.356
Zoning & Use
Zoning

Area overview

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

Ownership information for 38 Laurel Way, Madison, NJ

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

Sales history for 38 Laurel Way, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
09/02/2022 $995,000 XXXX XXXXXX XXXXX; XXXX XXXXXX XXXXXXXXXX XXXXXXX; XXXXXXXXXX XXXXXXXX; XXXXXXXXXX XXXXXXX X
06/21/2000 $370,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
09/14/2022 - R
09/02/2022 - D		 Deed and Realty Tax Fees XXXXXXXXXX XXXXXXX XXXX XXXXXX XXXXX
11/22/2017 - R
11/15/2017 - D		 Mortgage XXXXXXXXX XXXX XXXXX XXXXX XXXX XX
06/21/2000 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 38 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
$20,448
Recent tax assessments
Market value
$809,500
Land value
$424,600
Building value
$384,900

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 $809,500 $809,500 2.526 $20,448 +18.59%
2024 $809,500 $809,500 2.13 $17,242 +3.45%
2023 $809,500 $809,500 2.059 $16,668 +21.71%
2022 $666,700 $666,700 2.054 $13,694 +1.38%
2021 $666,700 $666,700 2.026 $13,507 +1.05%
2020 $666,700 $666,700 2.005 $13,367 +1.62%
2019 $666,700 $666,700 1.973 $13,154 +2.60%
2018 $666,700 $666,700 1.923 $12,821 +0.79%
2017 $666,700 $666,700 1.908 $12,721 +1.76%
2016 $666,700 $666,700 1.875 $12,501 +1.90%
Permits

Permit information for 38 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
View daily traffic map

Access the detailed traffic volume map for 38 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 1.30
F M Kirby Childrens Center NR Private PK-5 305 1.30
Torey J. Sabatini Elementary School 8 Public K-5 309 1.32
Normandy Park School 6 Public K-5 347 1.38
Woodland School NR Public K-2 295 1.42
St Vincent Martyr School NR Private PK-8 461 1.49
Central Avenue Elementary School 9 Public PK, K-5 509 1.63
Central Avenue Elementary School 9 Public PK, K-5 509 1.63
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St Vincent Martyr School NR Private PK-8 461 1.49
The Peck School NR Private K-8 336 1.89
Madison Junior Middle School 6 Public 6-8 579 1.96
Ridgedale Middle School 7 Public 6-8 296 2.02
Fusion Academy NR Private 6-12 51 2.32
Assumption Of The Bvm School NR Private PK-8 457 2.46
Unity Charter School 6 Charter K-8 263 2.69
Chatham Middle School 7 Public 6-8 877 3.19
Allegro School NR Private PK, K-12 57 3.24
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Madison High School 6 Public 9-12 824 1.66
Fusion Academy NR Private 6-12 51 2.32
Academy of Saint Elizabeth NR Private 9-12 192 2.74
Academy Of Saint Elizabeth NR Private 9-12 212 2.74
Whippany Park High School 8 Public 9-12 595 3.04
Morristown High School 5 Public 9-12 1,868 3.13
Shepard High School NR Private 9-12 70 3.13
Allegro School NR Private PK, K-12 57 3.24
Chatham High School 8 Public 9-12 1,231 3.50

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

Neighbors for 38 Laurel Way, Madison, NJ

23 Laurel Way, Madison 1 Treadwell Ave, Madison 2 Laurel Way, Madison 15 Laurel Way, Madison 26 Laurel Way, Madison 27 Woodcliff Dr, Madison 18 Laurel Way, Madison 8 Laurel Way, Madison 35 Woodcliff Dr, Madison 5 Laurel Way, Madison 27 Laurel Way, Madison 15 Treadwell Ave, Madison 9 Laurel Way, Madison 45 Woodcliff Dr, Madison 41 Woodcliff Dr, Madison 42 Laurel Way, Madison 19 Laurel Way, Madison 4 Laurel Way, Madison 43 Woodcliff Dr, Madison 11 Laurel Way, Madison

Nearby ZIP codes for 38 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 38 Laurel Way, Madison, NJ 07940?

The development at 38 Laurel Way, Madison, NJ 07940 was built in 1954.

What is the total square footage of 38 Laurel Way, Madison, NJ 07940?

38 Laurel Way, Madison, NJ 07940 has a total of 2,228 square feet.

When was 38 Laurel Way, Madison, NJ 07940 last sold and what was the sale price?

38 Laurel Way, Madison, NJ 07940 was last sold on 09/02/2022 for $995,000.

What is the assessed value of 38 Laurel Way, Madison, NJ 07940?

38 Laurel Way, Madison, NJ 07940 is currently assessed at $809,500.

What are the property taxes for 38 Laurel Way, Madison, NJ 07940?

The property taxes for 38 Laurel Way, Madison, NJ 07940 total $20,447.

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