Morris County  »  07940  »  Midwood Ter  »  62 Midwood Ter

62 Midwood Terrace, Madison, NJ 07940 - Property report

Also known as: 62 Midwood Ter

Property image for 62 Midwood Terrace, Madison, NJ 07940
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Property type

Residential (2)

Year built

1913

Acreage

0.707

Sale price

$2,600,000

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
62 Midwood Terrace
ZIP code
07940
County
Morris
Block
4101
Lot
8
Municipality
1417
Parcel ID
4101-8

Owner

Find out who owns 62 Midwood Terrace, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
03/30/2022
Sale price
$2,600,000
Arm's length
Tax
Tax year
2026
Current property tax
$48,161
Building
Property type
Residential (2)
Building sq. ft.
6,264
Stories
2.5
Year built
1913
Exterior structural material
Lot
Acreage
0.707
Zoning & Use
Zoning

Area overview

Walk score
19 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
35 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 62 Midwood Terrace, Madison, NJ

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

Sales history for 62 Midwood Terrace, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
03/30/2022 $2,600,000 XXXXXXX XXXXXXX XXXX; XXXXXX XXXXXXXX XXXXXXX XXXXX X XXXXXXX; XXXXX XXXXXX
11/14/2014 $1 XXXXX, X XXXXXXX & XXXXXX XXXXX, X XXXXXXX & XXXXXX
01/17/1994 $710,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/13/2022 - R
03/30/2022 - D
Deed and Realty Tax Fees XXXXX X XXXXXXX XXXXXXX XXXXXXX XXXX
12/11/2014 - R
11/14/2014 - D
Deed and Realty Tax Fees XXXXX, X XXXXXXX & XXXXXX XXXXX, X XXXXXXX & XXXXXX
01/17/1994 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 62 Midwood Terrace, 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
$48,161
Recent tax assessments
Market value
$1,906,600
Land value
$876,300
Building value
$1,030,300

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 $1,906,600 $1,906,600 2.526 $48,161 +18.59%
2024 $1,906,600 $1,906,600 2.13 $40,611 +3.45%
2023 $1,906,600 $1,906,600 2.059 $39,257 +0.24%
2022 $1,906,600 $1,906,600 2.054 $39,162 +1.38%
2021 $1,906,600 $1,906,600 2.026 $38,628 +1.05%
2020 $1,906,600 $1,906,600 2.005 $38,227 +1.62%
2019 $1,906,600 $1,906,600 1.973 $37,617 +2.60%
2018 $1,906,600 $1,906,600 1.923 $36,664 +0.79%
2017 $1,906,600 $1,906,600 1.908 $36,378 +1.76%
2016 $1,906,600 $1,906,600 1.875 $35,749 +1.90%

Permit information for 62 Midwood Terrace, 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 62 Midwood Terrace, 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 0.61
Madison Montessori School NR Private PK-K 50 0.61
Torey J. Sabatini Elementary School 8 Public K-5 309 0.65
St Vincent Martyr School NR Private PK-8 461 0.66
St Vincent Martyr School NR Private PK-8 461 0.66
Kings Road School 8 Public K-5 277 0.81
Central Avenue Elementary School 9 Public PK, K-5 509 0.94
Central Avenue Elementary School 9 Public PK, K-5 509 0.94
F M Kirby Childrens Center NR Private PK-5 305 1.30
Southern Boulvard School NR Public PK, K-3 373 1.31
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St Vincent Martyr School NR Private PK-8 461 0.66
Madison Junior Middle School 6 Public 6-8 579 0.78
Chatham Middle School 7 Public 6-8 877 1.56
St. Patrick School NR Private PK, K-8 269 1.79
Eclc Of New Jersey NR Private 1-12 177 1.91
Chatham Day School NR Private PK-8 164 1.95
Ridgedale Middle School 7 Public 6-8 296 2.25
Oratory Preparatory School NR Private 7-12 373 3.15
New Providence Middle School 7 Public 7-8 398 3.38
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Chatham High School 8 Public 9-12 1,231 1.54
Madison High School 6 Public 9-12 824 1.60
Eclc Of New Jersey NR Private 1-12 177 1.91
Oratory Preparatory School NR Private 7-12 373 3.15
Summit Sr High School 7 Public 9-12 1,161 3.17
New Providence High School 7 Public 9-12 666 3.38
Kent Place School NR Private PK-12 621 3.47
Sinai Schools Maor NR Private 14 3.54
Joseph Kushner Hebrew Academy NR Private PK-12 727 3.56
Whippany Park High School 8 Public 9-12 595 4.56

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

Frequently asked questions

What is the year built for 62 Midwood Terrace, Madison, NJ 07940?

The development at 62 Midwood Terrace, Madison, NJ 07940 was built in 1913.

What is the total square footage of 62 Midwood Terrace, Madison, NJ 07940?

62 Midwood Terrace, Madison, NJ 07940 has a total of 6,264 square feet.

When was 62 Midwood Terrace, Madison, NJ 07940 last sold and what was the sale price?

62 Midwood Terrace, Madison, NJ 07940 was last sold on 03/30/2022 for $2,600,000.

What is the assessed value of 62 Midwood Terrace, Madison, NJ 07940?

62 Midwood Terrace, Madison, NJ 07940 is currently assessed at $1,906,600.

What are the property taxes for 62 Midwood Terrace, Madison, NJ 07940?

The property taxes for 62 Midwood Terrace, Madison, NJ 07940 total $48,160.

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