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1 Madison Ave - West Bldg Morristown, NJ 07960

Built 1916Commercial
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Assessed
$1,600,000
Last sale
$1,200,000May 8, 2019
Built
1916
Size
6,266 sq ft
Owner
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Status
No open cases

Property information

Block
6501
Lot
7
Qualifier
—
County
Morris
Municipality
Morristown Town
Tax map page
—
Land description
20475SF

Building details

Building class
—
Description
2.5S F OFF
Dwellings
—
Zoning
OB
Square feet
6,266
Acreage
0.47 ac

Assessment

Land value
$1,100,000
69%
Improvement value
$500,000
31%
Total assessment
$1,600,000
Sale assessment
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Tax (2024)
$39,167

Owner mailing

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

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  9. Block 6501
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  11. 1 Madison Ave - West Bldg, Morristown, NJ 07960

5 events · 1916–2019
Sales3Mortgages1
  • 2019May 8

    Deed recorded

    -25% vs 1989
    $1,200,000
    Held30.2 yrs
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  • 2019May 8

    Mortgage recorded

    Instrument2019022720CountyMorris
    View document

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  • 30 years
  • 1989Feb 27

    Deed recorded

    +113% vs 1983
    $1,600,000
    Held5.9 yrs

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  • 6 years
  • 1983Apr 22

    Deed recorded

    $750,000

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  • 67 years
  • 1916

    Property Built

36 years · 1989–2024
YearProperty taxChangeLandImprovementAssessment
2024$39,167+53.0%$1,100,000$500,000$1,600,000
2023$25,594+1.1%$1,540,000$790,000$2,330,000
2022$25,305-0.4%$770,000$80,000$850,000
2021$25,398+0.0%$770,000$80,000$850,000
2020$25,390+1.3%$770,000$80,000$850,000
2019$25,075+3.0%$770,000$80,000$850,000
2018$24,353+2.5%$770,000$80,000$850,000
2017$23,749+2.3%$770,000$80,000$850,000

149 South St, Morristown, NJ 07960Commercial6,514 sq ftAssessed $1,062,9000.43 mi away+4% sq ftView details71 Washington St, Morristown, NJ 07960Commercial6,748 sq ftAssessed $1,763,1001.01 mi away+8% sq ftView details22 Morris St, Morristown, NJ 07960Commercial4,972 sq ftAssessed $1,469,6000.76 mi away-21% sq ftView details21 Madison Ave, Morristown, NJ 07960Commercial7,474 sq ftAssessed $2,116,2000.02 mi away+19% sq ftView details26 Franklin Pl, Morristown, NJ 07960Commercial6,077 sq ftAssessed $1,445,6000.36 mi away-3% sq ftView details

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  • 21 Madison Ave, Lake Hiawatha, NJ 07034Lot 1
  • 270 South St, Morristown, NJ 07960Lot 2
  • 268 South St, Morristown, NJ 07960Lot 3
  • 264 South St, Morristown, NJ 07960Lot 4
  • 246 South St, Morristown, NJ 07960Lot 6
All 6 lots on Block 6501