Morris County  »  07960  »  Madison Ave W  »  1 Madison Ave W

1 Madison Ave W, Morristown, NJ 07960 - Property report

Also known as: 1 Madison Ave W

Property image for 1 Madison Ave W, Morristown, NJ 07960
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Property type

Office Building (SCILSO)

Year built

1916

Acreage

0.47

Sale price

$1,200,000

General information

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Address
Primary address
1 Madison Ave W
ZIP code
07960
County
Morris
Block
6501
Lot
7
Municipality
1424
Qualifier
Parcel ID
6501-7

Owner

Find out who owns 1 Madison Ave W, Morristown, NJ 07960. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/06/2019
Sale price
$1,200,000
Arm's length
Tax
Tax year
2026
Current property tax
$36,784
Building
Property type
Office Building
Building sq. ft.
6,266
Stories
2.5
Year built
1916
Exterior structural material
Lot
Acreage
0.47
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
71 /100.  Very Walkable
Transit score
32 /100.  Some Transit
Bike score
39 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 1 Madison Ave W, Morristown, NJ

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

Sales history for 1 Madison Ave W, Morristown, NJ 07960

Sale date Sale price Buyer name Seller name
05/06/2019 $1,200,000 XXXXXX XXXXX XXXXX XXXXXXXXXX XXX XXXXXXX XXX XXXXXXXXXX XX; XXXXXX XXXX
02/27/1989 $1,600,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/08/2019 - R
05/07/2019 - D		 Assignment XXXXXX XXXXX XXXXX XXXXXXXXXX XXX XXXXXXXX XXXX
05/08/2019 - R
05/07/2019 - D		 Mortgage XXXXXX XXXXX XXXXX XXXXXXXXXX XXX XXXXXXXX XXXX
05/08/2019 - R
05/06/2019 - D		 Deed and Realty Tax Fees XXXXXXX XXX XXXXXXXXXX XX XXXXXX XXXXX XXXXX XXXXXXXXXX XXX
02/27/1989 - D Deed and Realty Tax Fees
02/27/1989 - 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 1 Madison Ave W, 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
$36,784
Recent tax assessments
Market value
$1,600,000
Land value
$1,100,000
Building value
$500,000

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 $1,600,000 $1,600,000 2.299 $36,784 +0.24%
2024 $2,330,000 $2,330,000 1.575 $36,698 +48.57%
2023 $850,000 $850,000 2.906 $24,701 +0.62%
2022 $850,000 $850,000 2.888 $24,548 +0.56%
2021 $850,000 $850,000 2.872 $24,412 -0.38%
2020 $850,000 $850,000 2.883 $24,506 +0.03%
2019 $850,000 $850,000 2.882 $24,497 +1.30%
2018 $850,000 $850,000 2.845 $24,183 +3.08%
2017 $850,000 $850,000 2.76 $23,460 +2.64%
2016 $850,000 $850,000 2.689 $22,857 +2.44%
Permits

Permit information for 1 Madison Ave W, 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 1 Madison Ave W, Morristown, NJ

310 South St, Morristown 21 Madison Ave, Morristown 243 South St, Morristown 55 Madison Ave, Morristown 330 South St, Morristown 334 South St, Morristown 344 South St, Morristown 264 South St, Morristown 237 South St, Morristown 95 Madison Ave, Morristown 75 Madison Ave, Morristown 10 Headley Rd, Morristown 320 South, Morristown 247 South St, Morristown 2 Woodland Ave, Morristown 246 South St, Morristown 268 South St, Morristown 270 South St, Morristown 281 South St, Morristown 65 Madison Ave, Morristown

Nearby ZIP codes for 1 Madison Ave W, 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 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 1 Madison Ave W, Morristown, NJ 07960?

The development at 1 Madison Ave W, Morristown, NJ 07960 was built in 1916.

What is the market value of 1 Madison Ave W, Morristown, NJ 07960?

The current market value of 1 Madison Ave W, Morristown, NJ 07960 is $1,600,000.

What is the total square footage of 1 Madison Ave W, Morristown, NJ 07960?

1 Madison Ave W, Morristown, NJ 07960 has a total of 6,266 square feet.

What is the price per square foot for this property?

$191 per square foot is the price for 1 Madison Ave W, Morristown, NJ 07960.

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