Morris County  »  07940  »  Shunpike Rd  »  2 Shunpike Rd

2 Shunpike Road, Madison, NJ 07940 - Property report

Also known as: 2 Shunpike Rd

Property image for 2 Shunpike Road, Madison, NJ 07940
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Property type

Office-Other (569)

Year built

1972

Acreage

0.551

Sale price

$1,600,000

General information

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Address
Primary address
2 Shunpike Road
ZIP code
07940
County
Morris
Block
4501
Lot
8
Municipality
1417
Qualifier
Parcel ID
4501-8

Owner

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Sales
Sale date
01/09/2017
Sale price
$1,600,000
Arm's length
Tax
Tax year
2026
Current property tax
$39,785
Building
Property type
Office-Other (569)
Building sq. ft.
12,426
Year built
1972
Exterior structural material
Lot
Acreage
0.551
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 2 Shunpike Road, Madison, NJ

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

Sales history for 2 Shunpike Road, Madison, NJ 07940

Sale date Sale price Buyer name Seller name
01/09/2017 $1,600,000 X & X XXXXXXXX XXXXXX XXX XXXX XXX
07/24/2008 $1,950,000 XXXX, XXX XXXXXXXXX XXXXXXXXXX XX XXX
11/17/2003 $785,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
02/14/2017 - R
01/09/2017 - D
Deed and Realty Tax Fees XXXX XXX X & X XXXXXXXX XXXXXX XXX
07/29/2008 - R
07/24/2008 - D
Deed and Realty Tax Fees XXXXXXXXX XXXXXXXXXX XX XXX XXXX, XXX
11/17/2003 - D Deed and Realty Tax Fees
06/20/1995 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2 Shunpike Road, 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
$39,785
Recent tax assessments
Market value
$1,575,000
Land value
$727,300
Building value
$847,700

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 $1,575,000 $1,575,000 2.526 $39,785 +18.59%
2024 $1,575,000 $1,575,000 2.13 $33,548 +3.45%
2023 $1,575,000 $1,575,000 2.059 $32,429 +0.24%
2022 $1,575,000 $1,575,000 2.054 $32,351 +1.38%
2021 $1,575,000 $1,575,000 2.026 $31,910 +1.05%
2020 $1,575,000 $1,575,000 2.005 $31,579 +1.62%
2019 $1,575,000 $1,575,000 1.973 $31,075 -11.64%
2018 $1,828,900 $1,828,900 1.923 $35,170 +0.79%
2017 $1,828,900 $1,828,900 1.908 $34,895 +1.76%
2016 $1,828,900 $1,828,900 1.875 $34,292 +1.90%

Permit information for 2 Shunpike Road, Madison, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
17,610
Median age
35.3
Average household income
$263,789
Family households
68.3%
People per household (average)
2.65
Occupied housing units
5,653
Owner-occupied units
64.0%
Median year structure built
1961
Median value mortgaged units
$973,000
Median value unmortgaged units
$872,000

Risk

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FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

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Frequently asked questions

What is the year built for 2 Shunpike Road, Madison, NJ 07940?

The development at 2 Shunpike Road, Madison, NJ 07940 was built in 1972.

What is the market value of 2 Shunpike Road, Madison, NJ 07940?

The current market value of 2 Shunpike Road, Madison, NJ 07940 is $1,575,000.

What is the total square footage of 2 Shunpike Road, Madison, NJ 07940?

2 Shunpike Road, Madison, NJ 07940 has a total of 12,426 square feet.

What is the price per square foot for this property?

$128 per square foot is the price for 2 Shunpike Road, Madison, NJ 07940.

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