| Primary address | 40 West Lane, Madison |
| Zip code | 07940 |
| County | Morris |
| Municipality | Madison Borough |
| Block | 4002 |
| Lot | 3 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $17,665 |
| Building sqft | 1,847 |
| Building class | Residential (2) |
| Acreage | 0.579 |
| Year built | 1953 |
| Stories | 1 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
40 West Lane, Madison, NJ 07940 was built in 1953 and has a total of 1,847 square feet.
What is the assessed value of 40 West Lane, Madison, NJ 07940 and the property tax paid?Assessed at $841,100, the tax amount paid for 40 West Lane, Madison, NJ 07940 is $21,246.
When was 40 West Lane, Madison, NJ 07940 last sold?40 West Lane, Madison, NJ 07940 was last sold in 12/03/2018.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 40 West Lane, Madison, including title documents, transfer conditions, mortgages and liens.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 40 West Lane, Madison, NJ 07940. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $17,915 |
| Current property tax | $17,665 |
| Market value | $841,100 |
Here's the assessment & property tax history for 40 West Lane, 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 | $841,100 | $841,100 | 2.13 | $17,915 | +3.45% |
| 2023 | $841,100 | $841,100 | 2.059 | $17,318 | +0.24% |
| 2022 | $841,100 | $841,100 | 2.054 | $17,276 | +1.38% |
| 2021 | $841,100 | $841,100 | 2.026 | $17,041 | +1.05% |
| 2020 | $841,100 | $841,100 | 2.005 | $16,864 | +1.62% |
Create a free account to unlock extended information for 40 West Lane, 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 |
Access the detailed traffic volume map for 40 West Lane, Madison to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Madison Montessori School | NR | Private | PK-K | 50 | 0.48 |
| Madison Montessori School | NR | Private | PK-K | 50 | 0.48 |
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.55 |
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.55 |
| Kings Road School | 8 | Public | K-5 | 277 | 0.66 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.55 |
| Madison Junior Middle School | 6 | Public | 6-8 | 579 | 0.59 |
| Chatham Middle School | 7 | Public | 6-8 | 877 | 1.42 |
| St. Patrick School | NR | Private | PK, K-8 | 269 | 1.71 |
| Eclc Of New Jersey | NR | Private | 1-12 | 177 | 1.81 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Madison High School | 6 | Public | 9-12 | 824 | 1.44 |
| Chatham High School | 8 | Public | 9-12 | 1,231 | 1.54 |
| Eclc Of New Jersey | NR | Private | 1-12 | 177 | 1.81 |
| Oratory Preparatory School | NR | Private | 7-12 | 373 | 3.08 |
| Summit Sr High School | 7 | Public | 9-12 | 1,161 | 3.13 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 40 West Lane, Madison.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 49 East Ln, Madison | 3,287 | 07/23/2013 | $1,475,000 |
| 15 Cross Gates, Madison | 3,078 | 09/04/2020 | $1,425,000 |
| 22 Holden Ln, Madison | 4,550 | 06/18/2008 | $1 |
| 9 East Ln, Madison | 3,210 | 08/20/2019 | $1,312,500 |
| 24 West Ln, Madison | 5,042 | 10/14/2011 | $2,200,000 |
| 8 Holden Ln, Madison | 2,428 | ||
| 59 East Ln, Madison | 5,816 | 04/22/2022 | $2,250,000 |
| 41 East Ln, Madison | 3,365 | 07/28/2017 | $1,325,000 |
| 84 Prospect St, Madison | 4,672 | 07/08/2019 | $1,499,900 |
| 12 Holden Ln, Madison | 2,554 | 12/02/2019 | $1,370,000 |
| 50 West Ln, Madison | 2,702 | 03/25/2000 | |
| 82 Prospect St, Madison | 5,342 | 02/22/2022 | $3,100,000 |
| 2 Holden Ln, Madison | 5,550 | 10/24/2024 | |
| 18 Holden Ln, Madison | 3,819 | 07/17/2012 | $1 |
| 15 East Ln, Madison | 4,549 | 12/06/2022 | $2,825,000 |
| 5 East Ln, Madison | 3,588 | 07/18/2025 | $2,550,000 |
| 18 West Ln, Madison | 5,416 | 08/24/2023 | $2,699,000 |
| 25 Holden Ln, Madison | 3,028 | 05/04/2022 | $1,509,000 |
| 60 West Ln, Madison | 2,243 | 01/01/2021 | $1 |
| 17 Cross Gates, Madison | 4,130 | 11/22/2022 | $1,620,000 |