Morris County  »  07940  »  Prospect St  »  107 Prospect St

107 Prospect Street, Madison, NJ 07940 - Property report

Also known as: 107 Prospect St

Property image for 107 Prospect Street, Madison, NJ 07940
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Property type

Residential (2)

Year built

2018

Acreage

0.551

Sale price

$2,300,000

General information

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Address
Primary address
107 Prospect Street
ZIP code
07940
County
Morris
Block
4202
Lot
13
Municipality
1417
Parcel ID
4202-13

Owner

Find out who owns 107 Prospect Street, Madison, NJ 07940. Uncover corporate and individual owners with a free account.

Sales
Sale date
03/15/2018
Sale price
$2,300,000
Arm's length
Tax
Tax year
2026
Current property tax
$46,393
Building
Property type
Residential (2)
Building sq. ft.
4,600
Year built
2018
Exterior structural material
Lot
Acreage
0.551
Zoning & Use
Zoning

Area overview

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

Ownership information for 107 Prospect Street, Madison, NJ

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

Sales history for 107 Prospect Street, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
03/15/2018 $2,300,000 XXXXX XXXXXX; XXX-XXXXX XXXXX XXXX XXXXXX XXXX XXXXXXXX XXX
03/10/2017 $840,000 XXXX XXXXXX XXXX XXXXXXXX XXX XXXXX, XXXX XXXXXXX/XXX
08/28/2015 $1 XXXXX, XXXX XXXXXXX & XXX XXXXX, XXXXXXXX X & XXXX XXXXXXX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
02/06/2024 - R
03/15/2018 - D		 Re-Recorded Deed XXXX XXXXXX XXXX XXXXXXXX XXX XXXXX XXXXX-XXX
04/16/2018 - R
03/15/2018 - D		 Mortgage XXXXX XXXXX-XXX X XXXXXXXX XXXX
04/16/2018 - R
03/15/2018 - D		 Deed and Realty Tax Fees XXXX XXXXXX XXXX XXXXXXXX XXX XXXXX XXXXXX
10/11/2017 - R
10/02/2017 - D		 Mortgage XXXX XXXXXX XXXX XXXXXXXX XXX XXXXXXXX XXXXXX XXXX
03/22/2017 - R
03/10/2017 - D		 Deed and Realty Tax Fees XXXXX, XXXX XXXXXXX/XXX XXXX XXXXXX XXXX XXXXXXXX XXX
09/21/2015 - R
08/28/2015 - D		 Deed and Realty Tax Fees XXXXX, XXXXXXXX X & XXXX XXXXXXX XXXXX, XXXX XXXXXXX & XXX
04/24/2006 - R
04/18/2006 - D		 Deed and Realty Tax Fees XXXXX,XXXXXXXX X XXXXX, XXXXXXXX X & XXXXX, XXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 107 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
$46,393
Recent tax assessments
Market value
$1,836,600
Land value
$589,300
Building value
$1,247,300

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 $1,836,600 $1,836,600 2.526 $46,393 +18.59%
2024 $1,836,600 $1,836,600 2.13 $39,120 +3.45%
2023 $1,836,600 $1,836,600 2.059 $37,816 +0.24%
2022 $1,836,600 $1,836,600 2.054 $37,724 +1.38%
2021 $1,836,600 $1,836,600 2.026 $37,210 +1.05%
2020 $1,836,600 $1,836,600 2.005 $36,824 +1.62%
2019 $1,836,600 $1,836,600 1.973 $36,236 +173.37%
2018 $689,300 $689,300 1.923 $13,255 -17.77%
2017 $844,900 $844,900 1.908 $16,121 +1.76%
2016 $844,900 $844,900 1.875 $15,842 +1.90%
Permits

Permit information for 107 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 107 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 0.41
Madison Montessori School NR Private PK-K 50 0.41
St Vincent Martyr School NR Private PK-8 461 0.44
St Vincent Martyr School NR Private PK-8 461 0.44
Torey J. Sabatini Elementary School 8 Public K-5 309 0.46
Central Avenue Elementary School 9 Public PK, K-5 509 0.76
Central Avenue Elementary School 9 Public PK, K-5 509 0.76
Kings Road School 8 Public K-5 277 0.88
F M Kirby Childrens Center NR Private PK-5 305 1.09
Southern Boulvard School NR Public PK, K-3 373 1.53
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St Vincent Martyr School NR Private PK-8 461 0.44
Madison Junior Middle School 6 Public 6-8 579 0.69
Chatham Middle School 7 Public 6-8 877 1.65
St. Patrick School NR Private PK, K-8 269 1.94
Eclc Of New Jersey NR Private 1-12 177 2.04
Ridgedale Middle School 7 Public 6-8 296 2.07
Chatham Day School NR Private PK-8 164 2.18
Oratory Preparatory School NR Private 7-12 373 3.31
New Providence Middle School 7 Public 7-8 398 3.60
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Madison High School 6 Public 9-12 824 1.42
Chatham High School 8 Public 9-12 1,231 1.75
Eclc Of New Jersey NR Private 1-12 177 2.04
Oratory Preparatory School NR Private 7-12 373 3.31
Summit Sr High School 7 Public 9-12 1,161 3.35
Sinai Schools Maor NR Private 14 3.49
Joseph Kushner Hebrew Academy NR Private PK-12 727 3.51
Rae Kushner Yeshiva High School NR Private 9-12 0 3.57
New Providence High School 7 Public 9-12 666 3.60
Whippany Park High School 8 Public 9-12 595 4.34

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

Neighbors for 107 Prospect Street, Madison, NJ

9 Wyndehurst Dr, Madison 336 Woodland Rd, Madison 100 Green Ave, Madison 17 Wyndehurst Dr, Madison 285 Woodland Rd, Madison 104 Green Ave, Madison 88 Green Ave, Madison 265 Woodland Rd, Madison 281 Woodland Rd, Madison 108 Green Ave, Madison 15 Wyndehurst Dr, Madison 23 Wyndehurst Dr, Madison 11 Wyndehurst Dr, Madison 5 Wyndehurst Dr, Madison 92 Green Ave, Madison 334 Woodland Rd, Madison 273 Woodland Rd, Madison 49 Hillside Ave, Madison 322 Woodland Rd, Madison 94 Green Ave, Madison

Nearby ZIP codes for 107 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 107 Prospect Street, Madison, NJ 07940?

The development at 107 Prospect Street, Madison, NJ 07940 was built in 2018.

What is the total square footage of 107 Prospect Street, Madison, NJ 07940?

107 Prospect Street, Madison, NJ 07940 has a total of 4,600 square feet.

When was 107 Prospect Street, Madison, NJ 07940 last sold and what was the sale price?

107 Prospect Street, Madison, NJ 07940 was last sold on 03/15/2018 for $2,300,000.

What is the assessed value of 107 Prospect Street, Madison, NJ 07940?

107 Prospect Street, Madison, NJ 07940 is currently assessed at $1,836,600.

What are the property taxes for 107 Prospect Street, Madison, NJ 07940?

The property taxes for 107 Prospect Street, Madison, NJ 07940 total $46,392.

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