Morris County  »  07960  »  Madison Ave  »  192-196 Madison Ave

192-196 Madison Avenue, Morristown, NJ 07960 - Property report

Also known as: 192-196 Madison Ave

Property image for 192-196 Madison Avenue, Morristown, NJ 07960
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Property type

Restaurant-Other (649)

Year built

1986

Acreage

2.306

Sale price

$8,500,000

General information

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Address
Primary address
192-196 Madison Avenue
ZIP code
07960
County
Morris
Block
8603
Lot
1
Municipality
1422
Parcel ID
8603-1

Owner

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Sales
Sale date
06/10/2026
Sale price
$8,500,000
Arm's length
Tax
Tax year
2026
Current property tax
$60,850
Building
Property type
Restaurant-Other (649)
Building sq. ft.
4,259
Year built
1986
Lot
Acreage
2.306
Zoning & Use
Zoning

Area overview

Walk score
32 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
59 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 192-196 Madison Avenue, Morristown, NJ

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

Sales history for 192-196 Madison Avenue, Morristown, NJ 07960

Sale date Sale price Buyer name Seller name
06/10/2026 $8,500,000 XXXXX XXXXXX XXX; XX XXXXX XXXXXX XXX XXX XXXXXXXX XXXX; XXX XXXXXXXXXX XXXX
08/17/2012 $3,200,000 XXXXX XXXXXX, XXX XXXXXXX XXXXXXXXXXX, XXX
12/21/2010 $1 XXXXXXX XXXXXXXXXXX XXX XXXXX, XXXX X

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/16/2026 - R
06/10/2026 - D		 Deed and Realty Tax Fees XXX XXXXXXXX XXXX XXXXX XXXXXX XXX
08/27/2012 - R
08/17/2012 - D		 Deed and Realty Tax Fees XXXXXXX XXXXXXXXXXX, XXX XXXXX XXXXXX, XXX
01/06/2011 - R
12/21/2010 - D		 Deed and Realty Tax Fees XXXXX, XXXX X XXXXXXX XXXXXXXXXXX XXX
07/14/1999 - D Deed and Realty Tax Fees
07/14/1999 - 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 192-196 Madison Avenue, Morristown, 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
$60,850
Recent tax assessments
Market value
$3,457,400
Land value
$2,134,500
Building value
$1,322,900

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 $3,457,400 $3,457,400 1.76 $60,850 -12.09%
2024 $3,457,400 $3,457,400 2.002 $69,217 -0.15%
2023 $3,457,400 $3,457,400 2.005 $69,321 +2.66%
2022 $3,457,400 $3,457,400 1.953 $67,523 +2.14%
2021 $3,457,400 $3,457,400 1.912 $66,105 +2.69%
2020 $3,457,400 $3,457,400 1.862 $64,377 +1.58%
2019 $3,457,400 $3,457,400 1.833 $63,374 +1.10%
2018 $3,457,400 $3,457,400 1.813 $62,683 +0.67%
2017 $3,457,400 $3,457,400 1.801 $62,268 +1.58%
2016 $3,457,400 $3,457,400 1.773 $61,300 -15.43%
Permits

Permit information for 192-196 Madison Avenue, Morristown, NJ

No recently recorded permits for this property.

Neighborhood

Demographics by ZIP code

Total population
46,702
Median age
40
Average household income
$225,910
Family households
62.5%
People per household (average)
2.44
Occupied housing units
18,575
Owner-occupied units
62.5%
Median year structure built
1969
Median value mortgaged units
$743,100
Median value unmortgaged units
$720,300

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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Neighbors for 192-196 Madison Avenue, Morristown, NJ

8 Normandy Blvd W, Morristown 6 Kahn Rd, Morristown 18 Normandy Blvd W, Morristown 14 Normandy Blvd W, Morristown 4 Old Turnpike Rd, Morristown 5 Langdon Ln, Morristown 1 Langdon Ln, Morristown 222 Madison Ave, Morristown 198 Madison Ave, Morristown 200 Madison Ave, Morristown 16 Normandy Blvd W, Morristown 12 Normandy Blvd W, Morristown 3 Langdon Ln, Morristown 290 Madison Ave, Morristown 300 Madison Ave, Morristown 6 Normandy Blvd W, Morristown 230 Madison Ave, Morristown 10 Old Turnpike Rd, Morristown 20 Normandy Blvd W, Morristown 10 Normandy Blvd W, Morristown

Nearby ZIP codes for 192-196 Madison Avenue, Morristown, NJ

07054, Morris County, NJ 07834, Morris County, NJ 07869, Morris County, NJ 07878, Morris County, NJ 07924, Somerset County, NJ 07926, Morris County, NJ 07927, Morris County, NJ 07928, Morris County, NJ 07932, Morris County, NJ 07933, Morris County, NJ 07935, Morris County, NJ 07940, Morris County, NJ 07945, Morris County, NJ 07946, Morris County, NJ 07950, Morris County, NJ 07961, Morris County, NJ 07970, Morris County, NJ 07976, Morris County, NJ 07980, Morris County, NJ 07981, Morris County, NJ

Frequently asked questions

What is the year built for 192-196 Madison Avenue, Morristown, NJ 07960?

The development at 192-196 Madison Avenue, Morristown, NJ 07960 was built in 1986.

What is the market value of 192-196 Madison Avenue, Morristown, NJ 07960?

The current market value of 192-196 Madison Avenue, Morristown, NJ 07960 is $3,457,400.

What is the total square footage of 192-196 Madison Avenue, Morristown, NJ 07960?

192-196 Madison Avenue, Morristown, NJ 07960 has a total of 4,259 square feet.

What is the price per square foot for this property?

$1,995 per square foot is the price for 192-196 Madison Avenue, Morristown, NJ 07960.

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