Morris County » 07940 » Main St » 311 Main St

311 Main Street, Madison, NJ 07940 - Property report

Also known as: 311 Main St

Property image for 311 Main Street, Madison, NJ 07940

Property type

Store-Retail (737)

Year built

1948

Acreage

0.517

Sale price

$5,850,000

General information

Address

Primary address

311 Main Street

ZIP code

07940

County

Morris

Block

5101

Lot

Municipality

1417

Qualifier

Parcel ID

5101-32

Sales

Sale date

04/30/2020

Sale price

$5,850,000

Arm's length

Tax

Tax year

2026

Current property tax

$40,497

Building

Property type

Store-Retail (737)

Building sq. ft.

5,000

Year built

1948

Exterior structural material

Lot

Acreage

0.517

Zoning & Use

Zoning

Qualified opportunity zone

Area overview

Walk score

68 /100. Somewhat Walkable

Transit score

0 /100. Minimal Transit

Bike score

39 /100. Somewhat Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 311 Main Street, Madison, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 311 Main Street, Madison, NJ 07940

Sale date	Sale price	Buyer name	Seller name
04/30/2020	$5,850,000	XXXXXXX XXXXXXX XXX XXX	XXX XXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXX; XXX XXXXXXX XXX XXX XXXX XXX XXXX XXX
03/12/2015	$1,008,615	XXX XXXXXXX X XXXX XXX	XXX XXXXXXX XXXX XXX
03/11/2015	$2,451,115	XXX XXXXXXX X XXXX XXX	XXXX XXXXXXX XXXXXX XXXXX, XXX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date	Type	Party 1	Party 2
05/14/2020 - R 04/30/2020 - D	Assignment	XXXXXXX XXXXXXX XXX XXX	XXXXXXX XXXXXXXX XXXX XXX XXXXX XX
05/14/2020 - R 04/30/2020 - D	Deed and Realty Tax Fees	XXX XXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXX	XXXXXXX XXXXXXX XXX XXX
05/14/2020 - R 04/03/2020 - D	Mortgage	XXXXXXX XXXXXXX XXX XXX	XXXXXXX XXXXXXXX XXXX XXX XXXXX XX
03/19/2015 - R 03/12/2015 - D	Deed and Realty Tax Fees	XXX XXXXXXX XXXX XXX	XXX XXXXXXX X XXXX XXX
03/19/2015 - R 03/11/2015 - D	Deed and Realty Tax Fees	XXXX XXXXXXX XXXXXX XXXXX, XXX	XXX XXXXXXX X XXXX XXX
03/19/2015 - R 03/11/2015 - D	Deed and Realty Tax Fees	XXXX XXXXXXX X XXXXXXXXXX XXX	XXXX XXXXXXX XXXXXX XXXXX XXX/XX XX
10/13/1995 - D	Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 311 Main 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

$40,497

Recent tax assessments

Market value

$1,603,200

Land value

$962,500

Building value

$640,700

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	$1,603,200	$1,603,200	2.526	$40,497	+18.59%
2024	$1,603,200	$1,603,200	2.13	$34,148	+3.45%
2023	$1,603,200	$1,603,200	2.059	$33,010	+0.24%
2022	$1,603,200	$1,603,200	2.054	$32,930	+1.38%
2021	$1,603,200	$1,603,200	2.026	$32,481	+1.05%
2020	$1,603,200	$1,603,200	2.005	$32,144	+1.62%
2019	$1,603,200	$1,603,200	1.973	$31,631	+2.60%
2018	$1,603,200	$1,603,200	1.923	$30,830	+0.79%
2017	$1,603,200	$1,603,200	1.908	$30,589	+1.76%
2016	$1,603,200	$1,603,200	1.875	$30,060	+1.90%

Permits

Permit information for 311 Main Street, Madison, NJ

No recently recorded permits for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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 311 Main 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.

Nearby ZIP codes for 311 Main 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 311 Main Street, Madison, NJ 07940?

The development at 311 Main Street, Madison, NJ 07940 was built in 1948.

What is the market value of 311 Main Street, Madison, NJ 07940?

The current market value of 311 Main Street, Madison, NJ 07940 is $1,603,200.

What is the total square footage of 311 Main Street, Madison, NJ 07940?

311 Main Street, Madison, NJ 07940 has a total of 5,000 square feet.

What is the price per square foot for this property?

$1,170 per square foot is the price for 311 Main Street, Madison, NJ 07940.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.