| Primary address | 8 Rachael Avenue, Madison |
| Zip code | 07940 |
| County | Morris |
| Municipality | Madison Borough |
| Block | 4315 |
| Lot | 15 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $12,034 |
| Building sqft | 2,058 |
| Building class | Residential (2) |
| Acreage | 0.413 |
| Year built | 1977 |
| Stories | 2 |
| 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:
8 Rachael Avenue, Madison, NJ 07940 was built in 1977 and has a total of 2,058 square feet.
What is the assessed value of 8 Rachael Avenue, Madison, NJ 07940 and the property tax paid?Assessed at $486,300, the tax amount paid for 8 Rachael Avenue, Madison, NJ 07940 is $12,283.
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 8 Rachael Avenue, Madison, including title documents, transfer conditions, mortgages and liens.
Access detailed property tax data for 8 Rachael Avenue, Madison, NJ 07940. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $12,284 |
| Current property tax | $12,034 |
| Market value | $486,300 |
Here's the assessment & property tax history for 8 Rachael Avenue, 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 |
|---|---|---|---|---|---|
| 2025 | $486,300 | $486,300 | 2.526 | $12,284 | +18.59% |
| 2024 | $486,300 | $486,300 | 2.13 | $10,358 | +3.45% |
| 2023 | $486,300 | $486,300 | 2.059 | $10,013 | +0.24% |
| 2022 | $486,300 | $486,300 | 2.054 | $9,989 | +1.38% |
| 2021 | $486,300 | $486,300 | 2.026 | $9,852 | +1.05% |
Create a free account to unlock extended information for 8 Rachael Avenue, 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 8 Rachael Avenue, 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) |
|---|---|---|---|---|---|
| Torey J. Sabatini Elementary School | 8 | Public | K-5 | 309 | 0.37 |
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.83 |
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.83 |
| Madison Montessori School | NR | Private | PK-K | 50 | 0.86 |
| Madison Montessori School | NR | Private | PK-K | 50 | 0.86 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| St Vincent Martyr School | NR | Private | PK-8 | 461 | 0.83 |
| Madison Junior Middle School | 6 | Public | 6-8 | 579 | 1.25 |
| Chatham Middle School | 7 | Public | 6-8 | 877 | 2.23 |
| Chatham Day School | NR | Private | PK-8 | 164 | 2.36 |
| Ridgedale Middle School | 7 | Public | 6-8 | 296 | 2.42 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Madison High School | 6 | Public | 9-12 | 824 | 1.78 |
| Chatham High School | 8 | Public | 9-12 | 1,231 | 2.14 |
| Eclc Of New Jersey | NR | Private | 1-12 | 177 | 2.58 |
| Fusion Academy | NR | Private | 6-12 | 51 | 3.64 |
| New Providence High School | 7 | Public | 9-12 | 666 | 3.74 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 8 Rachael Avenue, Madison.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 12 Douglas Ave, Madison | 1,621 | 11/14/2007 | $467,500 |
| 10 Douglas Ave, Madison | 1,890 | 11/20/2024 | $1,400,000 |
| 2 Douglas Ave, Madison | 2,268 | ||
| 34 Rachael Ave, Madison | 3,512 | 10/14/2021 | $10 |
| 203 Green Village Rd, Madison | 1,287 | 11/28/2005 | $509,000 |
| 16 Douglas Ave, Madison | 1,943 | 08/26/2024 | $750,000 |
| 22 Drew Pl, Madison | 4,498 | ||
| 6 Douglas Ave, Madison | 2,208 | 09/13/2024 | |
| 18 Drew Pl, Madison | 3,434 | 08/21/2020 | $1,332,000 |
| 8 Douglas Ave, Madison | 1,820 | 08/06/2013 | $475,000 |
| 36 Rachael Ave, Madison | 3,278 | ||
| 28 Rachael Ave, Madison | 2,904 | ||
| 4 Rachael Ave, Madison | 1,624 | 10/21/2022 | $1 |
| 201 Green Village Rd, Madison | 1,672 | 01/15/2016 | $587,500 |
| 32 Rachael Ave, Madison | 3,238 | ||
| 30 Rachael Ave, Madison | 3,049 | 11/30/2016 | $1,090,000 |
| 20 Douglas Ave, Madison | 2,268 | 12/13/2016 | $100 |
| 26 Rachael Ave, Madison | 3,242 | 06/25/2002 | $835,000 |
| 185 Green Village Rd, Madison | 1,821 | ||
| 183 Green Village Rd, Madison | 1,956 |