| Primary address | 55 Madison Avenue, Morristown |
| Zip code | 07960 |
| County | Morris |
| Municipality | Morristown Town |
| Block | 6601 |
| Lot | 4 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/01/2015 |
| Sale price | $14,175,000 |
| Arm's length | Register |
| Property tax | $224,082 |
| Building class | Commercial-Mixed Use (101) |
| Acreage | 2.42 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
Assessed at $14,227,400, the tax amount paid for 55 Madison Avenue, Morristown, NJ 07960 is $327,087.
When was 55 Madison Avenue, Morristown, NJ 07960 last sold and what was the last sale price?55 Madison Avenue, Morristown, NJ 07960 was last sold in 06/01/2015 for $14,175,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 55 Madison Avenue, Morristown, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 55 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 | $224,082 |
| Market value | $14,227,400 |
Here's the assessment & property tax history for 55 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 | $14,227,400 | $14,227,400 | 1.575 | $224,082 | -18.83% |
| 2023 | $9,500,000 | $9,500,000 | 2.906 | $276,070 | +0.62% |
| 2022 | $9,500,000 | $9,500,000 | 2.888 | $274,360 | +0.56% |
| 2021 | $9,500,000 | $9,500,000 | 2.872 | $272,840 | -0.38% |
| 2020 | $9,500,000 | $9,500,000 | 2.883 | $273,885 | +0.03% |
| 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 |
Create a free account to unlock extended information for 55 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 |
Access the detailed traffic volume map for 55 Madison Avenue, Morristown to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 55 Madison Avenue, Morristown.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 310 South St, Morristown | 12/21/2021 | $6,100,000 | |
| 1 Madison Ave W, Morristown | 6,266 | 05/06/2019 | $1,200,000 |
| 21 Madison Ave, Morristown | 7,474 | 01/14/2020 | $1,250,000 |
| 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 |
| 5 Fraser Ln, Morristown | 3,604 | 04/29/2024 | $855,000 |
| 350 South St, Morristown | 3,935 | 08/29/2005 | $1,070,000 |
| 264 South St, Morristown | 4,290 | 02/23/1996 | $299,000 |
| 95 Madison Ave, Morristown | 08/09/2023 | ||
| 323 South St, Morristown | 1,644 | 10/12/2021 | $527,000 |
| 75 Madison Ave, Morristown | 03/03/2020 | $22,800,000 | |
| 320 South, Morristown | 01/24/2017 | $122,198 | |
| 2 Woodland Ave, Morristown | 2,206 | 03/30/2012 | $600,000 |
| 321 South St, Morristown | 1,706 | 10/06/2009 | $340,000 |
| 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 |