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169 Madison Avenue, Morristown, NJ 07960 Property Information

169 Madison Avenue, Morristown, NJ 07960 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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169 Madison Avenue, Morristown, NJ 07960
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Address

Primary address 169 Madison Avenue, Morristown
Zip code 07960
County Morris
Municipality Morristown Town
Block 1402
Lot 2

Sales & Tax Overview for 169 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 01/31/1985
Sale price $4,200,000
Arm's length
Property tax $162,452

Lot & Building Information for 169 Madison Avenue, Morristown

Building class Commercial (4A)
Acreage 2.94
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 169 Madison Avenue, Morristown

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  • • Improvements for 169 Madison Avenue, Morristown , including their type, square footage, grade and when they were built.
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About 169 Madison Avenue, Morristown

What is the assessed value of 169 Madison Avenue, Morristown, NJ 07960 and the property tax paid?

Assessed at $7,066,200, the tax amount paid for 169 Madison Avenue, Morristown, NJ 07960 is $162,451.

When was 169 Madison Avenue, Morristown, NJ 07960 last sold and what was the last sale price?

169 Madison Avenue, Morristown, NJ 07960 was last sold in 01/31/1985 for $4,200,000.

Ownership Information

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Spaces for Lease in 169 Madison Avenue, Morristown

Toa-Re Insurance Building
Listing type For Lease
Listing date 10/06/2023
Last updated 06/26/2026

A three story 39,700 square foot office building. Reflective glass curtain wall highlights this office building located with immediate access to a four way interchange of I-287.

View Listing

Brokers

William O'Keefe
Spaces
Suite name Space type Lease rate Available space Brokers
Partial 1 Floor General Office $27/Sq. ft./Year 1,482 William O'Keefe
Active Listings For This Property:
For Lease Toa-Re Insurance Building
Toa-Re Insurance Building
169 Madison Avenue, Morristown
Property Office
Availability 1 Spaces listed / 1482 Sqft
Price $27/Sq. ft./Year
Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
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Past Sales & Property History for 169 Madison Avenue, Morristown

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Purchase date Purchase price Buyer name Seller name
01/31/1985 $4,200,000

Title Documents for 169 Madison Avenue, Morristown

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/31/1985 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 169 Madison Avenue, Morristown

Access detailed property tax data for 169 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 $162,452
Market value $7,066,200

Assessment History for 169 Madison Avenue, Morristown

Here's the assessment & property tax history for 169 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
2025 $7,066,200 $7,066,200 2.299 $162,452 +45.97%
2024 $7,066,200 $7,066,200 1.575 $111,293 +3.51%
2023 $3,700,000 $3,700,000 2.906 $107,522 +0.62%
2022 $3,700,000 $3,700,000 2.888 $106,856 +0.56%
2021 $3,700,000 $3,700,000 2.872 $106,264 -0.38%

Demographics by Zip Code

Total population 46,702
Median age 40
Average household income $225,910
Family households 62.5%
Occupied housing units 18,575
Owner occupied units 62.5%
People per household (average) 2.44
Median year structure built 1969
Median value for units with a mortgage $743,100
Median value for units without a mortgage $720,300

Risk

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Transportation

Access the detailed traffic volume map for 169 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 169 Madison Avenue, Morristown

Here are the neighbors for 169 Madison Avenue, Morristown.

Address Square feet Purchase date Purchase price
161 Madison Ave, Morristown 122,103 06/07/2023 $21,500,000
20 Valley View Dr, Morristown 1,040 10/03/2012 $1
8 John Glenn Rd, Morristown 2,126 08/18/2006 $610,000
123 Village Dr, Morristown 1,301 01/08/2013 $280,000
116 Village Dr, Morristown 1,083 02/17/2021 $370,000
15 Sunset Pl, Morristown 1,724 06/10/2011 $590,000
118 Village Dr, Morristown 1,083 11/30/2023 $470,000
19 Sunset Pl, Morristown 1,598 07/15/2013 $525,000
121 Village Dr, Morristown 1,083 07/14/2023 $440,000
120 Village Dr, Morristown 1,083 08/23/2019 $1
115 Village Dr, Morristown 1,083 03/30/2020 $315,000
117 Village Dr, Morristown 1,083 03/31/2022 $1
151 Madison Ave, Morristown 12/07/2017 $1
11 Sunset Pl, Morristown 1,624 11/25/2024
122 Village Dr, Morristown 1,295 10/05/1994 $167,990
119 Village Dr, Morristown 1,083 08/01/2025 $195,000
4 John Glenn Rd, Morristown 1,988 04/19/2022 $825,000
7 Sunset Pl, Morristown 2,663 07/02/2021 $425,000
6 John Glenn Rd, Morristown 1,354 10/13/2011 $300,000
114 Village Dr, Morristown 1,083 03/14/2022 $370,000

Nearby ZIP Codes for 169 Madison Avenue, Morristown

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