Morris County  »  07940  »  Prospect St  »  37 Prospect St

37 Prospect Street, Madison, NJ 07940 - Property report

Also known as: 37 Prospect St

Property image for 37 Prospect Street, Madison, NJ 07940
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Property type

Residential (2)

Year built

1868

Acreage

0.576

Sale price

$1,500,000

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
37 Prospect Street
ZIP code
07940
County
Morris
Block
3702
Lot
24
Municipality
1417
Parcel ID
3702-24

Owner

Find out who owns 37 Prospect Street, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
09/23/2022
Sale price
$1,500,000
Arm's length
Tax
Tax year
2026
Current property tax
$19,882
Building
Property type
Residential (2)
Building sq. ft.
2,847
Stories
2
Year built
1868
Exterior structural material
Lot
Acreage
0.576
Zoning & Use
Zoning

Area overview

Walk score
87 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
40 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 37 Prospect Street, Madison, NJ

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

Sales history for 37 Prospect Street, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
09/23/2022 $1,500,000 XXXXXXXX XXXXXX; XXXXXXXX XXXXX XXXXXXXX XXXXXX X; XXXXXXXX XXXXXX X
06/30/1994 $395,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/21/2022 - R
09/23/2022 - D		 Mortgage XXXXXXXX XXXXXX XXXXXXXXX XXX XXX
10/21/2022 - R
09/23/2022 - D		 Deed and Realty Tax Fees XXXXXXXX XXXXXX X XXXXXXXX XXXXXX
06/30/1994 - 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 37 Prospect Street, 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
$19,882
Recent tax assessments
Market value
$787,100
Land value
$481,600
Building value
$305,500

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 $787,100 $787,100 2.526 $19,882 +18.59%
2024 $787,100 $787,100 2.13 $16,765 +3.45%
2023 $787,100 $787,100 2.059 $16,206 +0.24%
2022 $787,100 $787,100 2.054 $16,167 +1.38%
2021 $787,100 $787,100 2.026 $15,947 +1.05%
2020 $787,100 $787,100 2.005 $15,781 +1.62%
2019 $787,100 $787,100 1.973 $15,529 +2.60%
2018 $787,100 $787,100 1.923 $15,136 +0.79%
2017 $787,100 $787,100 1.908 $15,018 +1.76%
2016 $787,100 $787,100 1.875 $14,758 +1.90%
Permits

Permit information for 37 Prospect Street, 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 37 Prospect Street, 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)
Madison Montessori School NR Private PK-K 50 0.14
Madison Montessori School NR Private PK-K 50 0.14
St Vincent Martyr School NR Private PK-8 461 0.23
St Vincent Martyr School NR Private PK-8 461 0.23
Central Avenue Elementary School 9 Public PK, K-5 509 0.43
Central Avenue Elementary School 9 Public PK, K-5 509 0.43
Torey J. Sabatini Elementary School 8 Public K-5 309 0.61
Kings Road School 8 Public K-5 277 0.77
F M Kirby Childrens Center NR Private PK-5 305 0.82
Southern Boulvard School NR Public PK, K-3 373 1.73
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St Vincent Martyr School NR Private PK-8 461 0.23
Madison Junior Middle School 6 Public 6-8 579 0.38
Chatham Middle School 7 Public 6-8 877 1.51
Ridgedale Middle School 7 Public 6-8 296 1.74
St. Patrick School NR Private PK, K-8 269 1.89
Eclc Of New Jersey NR Private 1-12 177 1.97
Chatham Day School NR Private PK-8 164 2.39
Sinai Schools Maor NR Private 14 3.17
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Madison High School 6 Public 9-12 824 1.10
Chatham High School 8 Public 9-12 1,231 1.84
Eclc Of New Jersey NR Private 1-12 177 1.97
Sinai Schools Maor NR Private 14 3.17
Joseph Kushner Hebrew Academy NR Private PK-12 727 3.19
Rae Kushner Yeshiva High School NR Private 9-12 0 3.25
Oratory Preparatory School NR Private 7-12 373 3.28
Summit Sr High School 7 Public 9-12 1,161 3.35
New Providence High School 7 Public 9-12 666 3.82
Whippany Park High School 8 Public 9-12 595 4.11

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

Neighbors for 37 Prospect Street, Madison, NJ

55 Prospect St, Madison 59 Prospect St, Madison 36 Maple Ave, Madison 41 Prospect St, Madison 53 Prospect St, Madison 18 Maple Ave, Madison 26 Maple Ave, Madison 28 Maple Ave, Madison 22 Maple Ave, Madison 33 Prospect St, Madison 47 Prospect St, Madison 3 Washington Dr, Madison 24 Maple Ave, Madison 45 Prospect St, Madison 49 Prospect St, Madison 51 Prospect St, Madison 1 Washington Dr, Madison 30 Maple Ave, Madison 32 Maple Ave, Madison 34 Maple Ave, Madison

Nearby ZIP codes for 37 Prospect Street, 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 37 Prospect Street, Madison, NJ 07940?

The development at 37 Prospect Street, Madison, NJ 07940 was built in 1868.

What is the total square footage of 37 Prospect Street, Madison, NJ 07940?

37 Prospect Street, Madison, NJ 07940 has a total of 2,847 square feet.

When was 37 Prospect Street, Madison, NJ 07940 last sold and what was the sale price?

37 Prospect Street, Madison, NJ 07940 was last sold on 09/23/2022 for $1,500,000.

What is the assessed value of 37 Prospect Street, Madison, NJ 07940?

37 Prospect Street, Madison, NJ 07940 is currently assessed at $787,100.

What are the property taxes for 37 Prospect Street, Madison, NJ 07940?

The property taxes for 37 Prospect Street, Madison, NJ 07940 total $19,882.

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