131 Madison Ave Morristown, NJ 07960

Built 1984 · Commercial1 owner signal on a paid plan
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Assessed
$10,525,600
Last sale
$15,500,000Jul 3, 2019
Built
1984
Size
2.13 ac
Owner
Sign in to seeOwner details on a paid plan
Status
No open cases

Property information

Block
4101
Lot
1
Qualifier
—
County
Morris
Municipality
Morristown Town
Tax map page
—
Land description
2.126 AC

Building details

Building class
—
Description
4S CB OFFICE
Dwellings
—
Zoning
OB
Square feet
—
Acreage
2.13 ac

Assessment

Land value
$2,657,500
25%
Improvement value
$7,868,100
75%
Total assessment
$10,525,600
Sale assessment
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Tax (2024)
$176,935

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.

7 events · 1983–2019

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  • Deed recorded

    +241% vs 2019
    $15,500,000
    Held1 mo
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  • Mortgage recorded

    Instrument2019033956CountyMorris
    View document

  • Deed recorded

    -53% vs 2003
    $4,546,567
    Held16.1 yrsNU codeOther non-arm's-length (26)RecordedJul 3, 2019
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  • 16 years

  • Deed recorded

    +53% vs 2000
    $9,620,000
    Held3.3 yrsNU codeAffiliated entity (3)RecordedMay 19, 2003

  • Deed recorded

    +2743% vs 1983
    $6,295,000
    Held16.7 yrsNU codeAffiliated entity (3)RecordedFeb 28, 2000
  • 16 years

  • Property Built

  • Deed recorded

    $221,430

YearProperty taxChangeLandImprovementAssessment
2024$176,935-18.9%$2,657,500$7,868,100$10,525,600
2023$218,298+1.1%$2,657,500$7,868,100$10,525,600
2022$215,833-0.4%$1,300,000$5,950,000$7,250,000
2021$216,630+0.0%$1,300,000$5,950,000$7,250,000
2020$216,558+1.3%$1,300,000$5,950,000$7,250,000
2019$213,875+3.0%$1,300,000$5,950,000$7,250,000
2018$207,713+2.5%$1,300,000$5,950,000$7,250,000
2017$202,565+2.3%$1,300,000$5,950,000$7,250,000
2016$197,925+1.1%$1,300,000$5,950,000$7,250,000
2015$195,823+0.4%$1,300,000$5,950,000$7,250,000
2014$195,025-0.8%$1,300,000$5,950,000$7,250,000
2013$196,693-1.0%$1,300,000$5,950,000$7,250,000
2012$198,650+1.9%$1,300,000$5,950,000$7,250,000
2011$195,025+2.2%$1,300,000$5,950,000$7,250,000
2010$190,893-23.0%$1,300,000$5,950,000$7,250,000
2009$247,753+2.9%$1,300,000$5,950,000$7,250,000
2008$240,885+2.1%$1,300,000$8,800,000$10,100,000
2007$236,037+5.0%$1,300,000$8,800,000$10,100,000
2006$224,725+4.2%$1,300,000$8,800,000$10,100,000
2005$215,635-3.2%$1,300,000$8,800,000$10,100,000
2004$222,798+6.7%$1,300,000$7,700,000$9,000,000
2003$208,769+4.0%$2,508,000$4,172,600$6,680,600
2002$200,752+3.8%$2,508,000$4,172,600$6,680,600
2001$193,377+8.2%$2,508,000$4,172,600$6,680,600
2000$178,703+8.5%$2,508,000$4,147,600$6,655,600
1999$164,726+5.1%$2,508,000$4,147,600$6,655,600
1998$156,739+0.9%$2,508,000$4,147,600$6,655,600
1997$155,408+3.1%$2,508,000$4,147,600$6,655,600
1996$150,749+4.9%$2,508,000$4,147,600$6,655,600
1995$143,761+1.4%$2,508,000$4,147,600$6,655,600
1994$141,764-11.5%$2,508,000$4,147,600$6,655,600
1993$160,112+5.5%$2,508,000$4,147,600$6,655,600
1992$151,726+5.3%$2,508,000$5,116,400$7,624,400
1991$144,101+8.6%$2,508,000$5,116,400$7,624,400
1990$132,665+4.2%$2,508,000$5,116,400$7,624,400
1989$127,327—$2,508,000$5,116,400$7,624,400

All 138 lots on Block 4101