1 Madison Ave W, Morristown, NJ 07960 Property Information
1 Madison Ave W, Morristown, NJ 07960 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 1 Madison Ave W, Morristown |
| Zip code | 07960 |
| County | Morris |
| Municipality | Morristown Town |
| Block | 6501 |
| Lot | 7 |
Sales & Tax Overview for 1 Madison Ave W, Morristown
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/06/2019 |
| Sale price | $1,200,000 |
| Arm's length | Register |
| Property tax | $25,200 |
Lot & Building Information for 1 Madison Ave W, Morristown
| Building sqft | 6,266 |
| Building class | Office Building |
| Acreage | 0.47 |
| Year built | 1916 |
| Stories | 2 |
Zoning, Use & Area Overview
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Other Property Data for 1 Madison Ave W, Morristown
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- • Improvements for 1 Madison Ave W, Morristown , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 1 Madison Ave W, Morristown
This Office Building (SCILSO) located at 1 Madison Ave W, Morristown, NJ 07960 has a total of 6,266 square feet and a current price per square foot of $191.
What is the year built & the current market value of 1 Madison Ave W, Morristown, NJ 07960?1 Madison Ave W, Morristown, NJ 07960 was built in 1916 and has a current tax assessor's market value of $1,600,000.
Ownership Information
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Past Sales & Property History for 1 Madison Ave W, Morristown
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Title Documents for 1 Madison Ave W, Morristown
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R: Recorded date
D: Document date
Property Taxes for 1 Madison Ave W, Morristown
Access detailed property tax data for 1 Madison Ave W, Morristown, NJ 07960. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $25,200 |
| Market value | $1,600,000 |
Assessment History for 1 Madison Ave W, Morristown
Here's the assessment & property tax history for 1 Madison Ave W, 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 | $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% |
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 1 Madison Ave W, 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 1 Madison Ave W, 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 1 Madison Ave W, Morristown
Here are the neighbors for 1 Madison Ave W, Morristown.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 310 South St, Morristown | 12/21/2021 | $6,100,000 | |
| 21 Madison Ave, Morristown | 7,474 | 01/14/2020 | $1,250,000 |
| 243 South St, Morristown | 3,571 | 04/07/2025 | |
| 55 Madison Ave, Morristown | 06/01/2015 | $14,175,000 | |
| 330 South St, Morristown | 8,610 | 11/20/2013 | $1,875,000 |
| 334 South St, Morristown | 15,021 | ||
| 344 South St, Morristown | 2,402 | 06/19/2019 | $625,000 |
| 264 South St, Morristown | 4,290 | 02/23/1996 | $299,000 |
| 237 South St, Morristown | 19,312 | 02/27/2024 | |
| 95 Madison Ave, Morristown | 08/09/2023 | ||
| 75 Madison Ave, Morristown | 03/03/2020 | $22,800,000 | |
| 10 Headley Rd, Morristown | 7,734 | 05/30/2007 | $1,600,000 |
| 320 South, Morristown | 01/24/2017 | $122,198 | |
| 247 South St, Morristown | 17,220 | ||
| 2 Woodland Ave, Morristown | 2,206 | 03/30/2012 | $600,000 |
| 246 South St, Morristown | |||
| 268 South St, Morristown | 5,920 | 07/21/2016 | $1,150,000 |
| 270 South St, Morristown | 03/09/2018 | $8,650,000 | |
| 281 South St, Morristown | |||
| 65 Madison Ave, Morristown | 07/16/2014 | $1 |