87 Prospect St Madison, NJ 07940

Built 2020 · Residential2 owner signals on a paid plan
Assessed
$1,522,600
Last sale
$2,235,000Jan 31, 2020
Built
2020
Size
4,285 sq ft
Status
No open cases

Property information

Block
4206
Lot
7
Qualifier
—
County
Morris
Municipality
Madison Boro
Tax map page
—
Land description
96X165

Building details

Building class
17
Description
2SF-L-DG
Dwellings
1
Zoning
R-2
Square feet
4,285
Acreage
0.36 ac

Assessment

Land value
$591,700
39%
Improvement value
$930,900
61%
Total assessment
$1,522,600
Sale assessment
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Tax (2024)
$32,431

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 · 1998–2020

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  • Mortgage discharged

    Instrument2020017616CountyMorris
  • Deed recorded

    +202% vs 2018
    $2,235,000
    Per sq ft$522Held1.4 yrsSq ft4,285NU codeImproved post-assessment (7)RecordedMar 6, 2020
  • Property Built

  • Mortgage recorded

    Instrument2019012769CountyMorris
  • Deed recorded

    +367% vs 2002
    $740,000
    Held15.7 yrs
  • 16 years
  • Deed recorded

    $158,332
    Per sq ft$72Held12 moSq ft2,203NU codeFamily (1)RecordedMar 7, 2003

YearProperty taxChangeLandImprovementAssessment
2024$32,431+3.4%$591,700$930,900$1,522,600
2023$31,350+1.6%$591,700$930,900$1,522,600
2022$30,848+1.0%$591,700$930,900$1,522,600
2021$30,528+161.5%$591,700$930,900$1,522,600
2020$11,674-21.1%$591,700$100,000$691,700
2019$14,794+0.8%$591,700—$591,700
2018$14,678+1.8%$591,700$177,600$769,300
2017$14,424+1.9%$591,700$177,600$769,300
2016$14,155+3.5%$591,700$177,600$769,300
2015$13,678+1.4%$591,700$177,600$769,300
2014$13,494+0.7%$591,700$177,600$769,300
2013$13,403+2.6%$591,700$177,600$769,300
2012$13,066+2.7%$348,400$133,900$482,300
2011$12,728+4.2%$348,400$133,900$482,300
2010$12,217+2.2%$348,400$133,900$482,300
2009$11,951+5.4%$348,400$133,900$482,300
2008$11,334+6.8%$348,400$133,900$482,300
2007$10,611+6.8%$348,400$133,900$482,300
2006$9,935+3.5%$348,400$133,900$482,300
2005$9,598+3.6%$348,400$133,900$482,300
2004$9,260+1.6%$348,400$133,900$482,300
2003$9,115+5.0%$348,400$133,900$482,300
2002$8,681+5.9%$348,400$133,900$482,300
2001$8,199+2.5%$348,400$133,900$482,300
2000$7,999+5.5%$348,400$133,900$482,300
1999$7,580+5.2%$103,200$106,200$209,400
1998$7,203+4.2%$103,200$106,200$209,400
1997$6,910+1.9%$103,200$106,200$209,400
1996$6,785+2.9%$103,200$106,200$209,400
1995$6,596+0.3%$103,200$106,200$209,400
1994$6,575+3.3%$103,200$106,200$209,400
1993$6,366+4.5%$103,200$106,200$209,400
1992$6,094+6.2%$103,200$106,200$209,400
1991$5,738+11.4%$103,200$106,200$209,400
1990$5,151+7.0%$103,200$106,200$209,400
1989$4,816—$103,200$106,200$209,400