198 Madison Avenue, Morristown, NJ 07960 Property Information
198 Madison Avenue, Morristown, NJ 07960 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 198 Madison Avenue, Morristown |
| Zip code | 07960 |
| County | Morris |
| Municipality | Morris Township |
| Block | 8603 |
| Lot | 1.01 |
Sales & Tax Overview for 198 Madison Avenue, Morristown
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/13/2017 |
| Sale price | $4,960,000 |
| Arm's length | Register |
| Property tax | $77,517 |
Lot & Building Information for 198 Madison Avenue, Morristown
| Building sqft | 12,135 |
| Building class | Auto Showroom (030) |
| Acreage | 1.728 |
Zoning, Use & Area Overview
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Other Property Data for 198 Madison Avenue, Morristown
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- • Improvements for 198 Madison Avenue, Morristown , including their type, square footage, grade and when they were built.
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About 198 Madison Avenue, Morristown
This Auto Showroom (030) located at 198 Madison Avenue, Morristown, NJ 07960 has a total of 12,135 square feet and a current price per square foot of $408.
What is the market value of 198 Madison Avenue, Morristown, NJ 07960?The current market value is $3,872,000.
Ownership Information
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Past Sales & Property History for 198 Madison Avenue, Morristown
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Title Documents for 198 Madison Avenue, Morristown
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R: Recorded date
D: Document date
Property Taxes for 198 Madison Avenue, Morristown
Access detailed property tax data for 198 Madison Avenue, Morristown, NJ 07960. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $77,517 |
| Market value | $3,872,000 |
Assessment History for 198 Madison Avenue, Morristown
Here's the assessment & property tax history for 198 Madison Avenue, Morristown, 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 |
|---|---|---|---|---|---|
| 2024 | $3,872,000 | $3,872,000 | 2.002 | $77,517 | -0.15% |
| 2023 | $3,872,000 | $3,872,000 | 2.005 | $77,634 | +2.66% |
| 2022 | $3,872,000 | $3,872,000 | 1.953 | $75,620 | +2.14% |
| 2021 | $3,872,000 | $3,872,000 | 1.912 | $74,033 | +2.69% |
| 2020 | $3,872,000 | $3,872,000 | 1.862 | $72,097 | +1.58% |
Demographics By Zip Code
| Total population | 46,178 |
| Median age | 39 |
| Average household income | $217,137 |
| Family households | 61.3% |
| Occupied housing units | 18,335 |
| Owner occupied units | 61.9% |
| Average number of people per household | 2 |
| Median year structure built | 1969 |
| Median value for units with a mortgage | $706,200 |
| Median value for units without a mortgage | $690,400 |
Risk
Create a free account to unlock extended information for 198 Madison Avenue, Morristown, 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 |
Transportation
Access the detailed traffic volume map for 198 Madison Avenue, Morristown to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 198 Madison Avenue, Morristown
Here are the neighbors for 198 Madison Avenue, Morristown.