51 Madison Ave Madison, NJ 07940

Built 1947 · Commercial1 owner signal on a paid plan
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Assessed
$4,828,500
Last sale
Nominal transferMay 30, 2019
Built
1947
Size
31,570 sq ft
Owner
Sign in to seeOwner details on a paid plan
Status
No open cases

Property information

Block
1301
Lot
11
Qualifier
—
County
Morris
Municipality
Madison Boro
Tax map page
—
Land description
2.825 AC

Building details

Building class
—
Description
NURSING HOME
Dwellings
—
Zoning
R-5
Square feet
31,570
Acreage
2.83 ac

Assessment

Land value
$2,240,000
46%
Improvement value
$2,588,500
54%
Total assessment
$4,828,500
Sale assessment
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Tax (2024)
$102,847

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

8 events · 1947–2019

Sign in to see the parties and documents

  • Mortgage recorded

    Instrument2019026845CountyMorris
    View document

  • Lien released

    Instrument2018019257CountyMorris
    View document

  • Lien recorded

    Instrument2018001719CountyMorris
    View document

  • Deed recorded

    +73% vs 2010
    $8,300,000
    Per sq ft$263Held6.0 yrsSq ft31,570NU codeSale w/ business assets (23)RecordedSep 16, 2016
  • 6 years

  • Deed recorded

    $4,800,000
    RecordedSep 10, 2010

  • Foreclosure Case

    1. Filed
    2. Dismissed
    Type: Commercial Mortgage Foreclosure
    Status: Closed
    Disposition: Dismissed By Court Without Prejudice
    CourtGeneral Equity
  • 63 years

  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$102,847+3.4%$2,240,000$2,588,500$4,828,500
2023$99,419+1.6%$2,240,000$2,588,500$4,828,500
2022$97,825+1.0%$2,240,000$2,588,500$4,828,500
2021$96,811+1.6%$2,240,000$2,588,500$4,828,500
2020$95,266+2.6%$2,240,000$2,588,500$4,828,500
2019$92,852+0.8%$2,240,000$2,588,500$4,828,500
2018$92,128+1.8%$2,240,000$2,588,500$4,828,500
2017$90,534+1.9%$2,240,000$2,588,500$4,828,500
2016$88,844+3.5%$2,240,000$2,588,500$4,828,500
2015$85,851+1.4%$2,240,000$2,588,500$4,828,500
2014$84,692-18.7%$2,240,000$2,588,500$4,828,500
2013$104,187+2.6%$2,240,000$2,588,500$4,828,500
2012$101,563+2.7%$1,680,000$2,069,100$3,749,100
2011$98,939+4.2%$1,680,000$2,069,100$3,749,100
2010$94,965+2.2%$1,680,000$2,069,100$3,749,100
2009$92,903+5.4%$1,680,000$2,069,100$3,749,100
2008$88,104+6.8%$1,680,000$2,069,100$3,749,100
2007$82,480+6.8%$1,680,000$2,069,100$3,749,100
2006$77,231+3.5%$1,680,000$2,069,100$3,749,100
2005$74,607+3.6%$1,680,000$2,069,100$3,749,100
2004$71,983+1.6%$1,680,000$2,069,100$3,749,100
2003$70,858+5.0%$1,680,000$2,069,100$3,749,100
2002$67,484+5.9%$1,680,000$2,069,100$3,749,100
2001$63,735-15.7%$1,680,000$2,069,100$3,749,100
2000$75,617+5.5%$1,680,000$2,069,100$3,749,100
1999$71,658+5.2%$464,000$1,515,500$1,979,500
1998$68,095+4.2%$464,000$1,515,500$1,979,500
1997$65,324+1.9%$464,000$1,515,500$1,979,500
1996$64,136+2.9%$464,000$1,515,500$1,979,500
1995$62,354+0.3%$464,000$1,515,500$1,979,500
1994$62,156+3.3%$464,000$1,515,500$1,979,500
1993$60,177+4.5%$464,000$1,515,500$1,979,500
1992$57,603+6.2%$464,000$1,515,500$1,979,500
1991$54,238+11.4%$464,000$1,515,500$1,979,500
1990$48,696+7.0%$464,000$1,515,500$1,979,500
1989$45,529—$464,000$1,515,500$1,979,500

All 15 lots on Block 1301