Morris County  »  07940  »  Laurel Way  »  2 Laurel Way

2 Laurel Way, Madison, NJ 07940 - Property report

Also known as: 2 Laurel Way

Property image for 2 Laurel Way, Madison, NJ 07940
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Property type

Residential (2)

Year built

2017

Acreage

0.378

Sale price

$1,420,000

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
2 Laurel Way
ZIP code
07940
County
Morris
Block
3302
Lot
8
Municipality
1417
Parcel ID
3302-8

Owner

Find out who owns 2 Laurel Way, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
12/18/2018
Sale price
$1,420,000
Arm's length
Tax
Tax year
2026
Current property tax
$27,849
Building
Property type
Residential (2)
Building sq. ft.
3,559
Stories
2
Year built
2017
Exterior structural material
Lot
Acreage
0.378
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 information for 2 Laurel Way, Madison, NJ

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

Sales history for 2 Laurel Way, Madison, NJ 07940

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
09/26/2025 - R
09/19/2025 - D
Mortgage XXXXXXXX XXXXXXXX XXXXX XXXXXXX XXXXX
10/13/2023 - R
10/12/2023 - D
Mortgage XXXXX XXXXXXX XXXXXXXXX XXXX
03/05/2021 - R
02/17/2021 - D
Mortgage XXXXX XXXXXXX X XXXXXXXXXX XXXX XXX
06/15/2020 - R
06/05/2020 - D
Mortgage XXXXX XXXXXXX XXXXXX XXXXXXXXXX XXXX XXX
12/21/2018 - R
12/18/2018 - D
Mortgage XXXXX XXXXXXX XXXX XX XXXX XX
12/21/2018 - R
12/18/2018 - D
Deed and Realty Tax Fees XXXXXX XXXX XXXXX XXXXXXX XXXXXX
04/18/2018 - R
04/09/2018 - D
Mortgage XXXXXX XXXX X XXXX XX XXXXXXX XX
04/18/2018 - R
03/26/2018 - D
Deed and Realty Tax Fees XXXXXX XXXXX X XX XXXXXX XXXX X
04/24/2017 - R
03/15/2017 - D
Deed and Realty Tax Fees X-XXXX X/X/X XX XXXXXXXX XX XXX XXXXXX, XXXXX X XX & XXXXX X
07/22/2016 - R
07/19/2016 - D
Deed and Realty Tax Fees XXXXXXXX, XXXX XXX/XX XXX XX XXXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2 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
$27,849
Recent tax assessments
Market value
$1,102,500
Land value
$429,500
Building value
$673,000

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 $1,102,500 $1,102,500 2.526 $27,849 +18.59%
2024 $1,102,500 $1,102,500 2.13 $23,483 +3.45%
2023 $1,102,500 $1,102,500 2.059 $22,700 +0.24%
2022 $1,102,500 $1,102,500 2.054 $22,645 +1.38%
2021 $1,102,500 $1,102,500 2.026 $22,337 +1.05%
2020 $1,102,500 $1,102,500 2.005 $22,105 +1.62%
2019 $1,102,500 $1,102,500 1.973 $21,752 +2.60%
2018 $1,102,500 $1,102,500 1.923 $21,201 +131.73%
2017 $479,500 $479,500 1.908 $9,149 -33.79%
2016 $737,000 $737,000 1.875 $13,819 +1.90%

Permit information for 2 Laurel Way, Madison, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 2 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 1.16
Montessori Children's Academy NR Private PK-K 53 1.16
F M Kirby Childrens Center NR Private PK-5 305 1.25
F M Kirby Childrens Center NR Private PK-5 305 1.25
Torey J. Sabatini Elementary School 8 Public K-5 309 1.29
Normandy Park School 6 Public K-5 347 1.40
St Vincent Martyr School NR Private PK-8 461 1.45
Woodland School NR Public K-2 295 1.47
Central Avenue Elementary School 9 Public PK, K-5 509 1.59
Central Avenue Elementary School 9 Public PK, K-5 509 1.59
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St Vincent Martyr School NR Private PK-8 461 1.45
Madison Junior Middle School 6 Public 6-8 579 1.92
The Peck School NR Private K-8 336 1.94
Ridgedale Middle School 7 Public 6-8 296 1.97
Fusion Academy NR Private 6-12 51 2.36
Assumption Of The Bvm School NR Private PK-8 457 2.51
Unity Charter School 6 Charter K-8 263 2.72
Chatham Middle School 7 Public 6-8 877 3.14
Allegro School NR Private PK, K-12 57 3.25
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 2.36
Academy of Saint Elizabeth NR Private 9-12 192 2.78
Academy Of Saint Elizabeth NR Private 9-12 212 2.78
Whippany Park High School 8 Public 9-12 595 3.03
Morristown High School 5 Public 9-12 1,868 3.17
Shepard High School NR Private 9-12 70 3.17
Allegro School NR Private PK, K-12 57 3.25
Chatham High School 8 Public 9-12 1,231 3.46

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

Frequently asked questions

What is the year built for 2 Laurel Way, Madison, NJ 07940?

The development at 2 Laurel Way, Madison, NJ 07940 was built in 2017.

What is the total square footage of 2 Laurel Way, Madison, NJ 07940?

2 Laurel Way, Madison, NJ 07940 has a total of 3,559 square feet.

When was 2 Laurel Way, Madison, NJ 07940 last sold and what was the sale price?

2 Laurel Way, Madison, NJ 07940 was last sold on 12/18/2018 for $1,420,000.

What is the assessed value of 2 Laurel Way, Madison, NJ 07940?

2 Laurel Way, Madison, NJ 07940 is currently assessed at $1,102,500.

What are the property taxes for 2 Laurel Way, Madison, NJ 07940?

The property taxes for 2 Laurel Way, Madison, NJ 07940 total $27,849.

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