55 Madison Ave Morristown, NJ 07960
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Property flags
Commercial2 owner signals on a paid plan
- Assessed
- $14,227,400
- Last sale
- $14,175,000Jun 1, 2015
- Built
- —
- Size
- 2.42 ac
- Status
- No open cases
Property information
- Block
- 6601
- Lot
- 4
- Qualifier
- —
- County
- Morris
- Municipality
- Morristown Town
- Tax map page
- —
- Land description
- 2.42 AC
Building details
- Building class
- —
- Description
- OFFICE BLDG
- Dwellings
- —
- Zoning
- OB
- Square feet
- —
- Acreage
- 2.42 ac
Assessment
- Land value
- $3,025,000
- 21%
- Improvement value
- $11,202,400
- 79%
- Total assessment
- $14,227,400
- Sale assessment
- Sign in to see
- Tax (2024)
- $239,163
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.
4 events · 1982–20154events19822015
Sign in to see the parties and documents
- $14,175,000
Deed recorded
-4% vs 2007Held7.5 yrsNU codeOther non-arm's-length (26)RecordedJun 2, 2015 - 7 years
- $14,767,851
Deed recorded
+155% vs 1993Held14.1 yrsRecordedDec 6, 2007 - 14 years
- $5,790,785
Deed recorded
-3% vs 1982Held10.9 yrsRecordedDec 8, 1993 - 11 years
- $5,950,000
Deed recorded
County clerks also index recorded documents by address and by the names on them. Search Morris County records
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 2024 | $239,163 | -16.4% | $3,025,000 | $11,202,400 | $14,227,400 |
| 2023 | $286,045 | +1.1% | $3,025,000 | $11,202,400 | $14,227,400 |
| 2022 | $282,815 | -0.4% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2021 | $283,860 | +0.0% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2020 | $283,765 | +1.3% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2019 | $280,250 | +3.0% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2018 | $272,175 | +2.5% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2017 | $265,430 | +2.3% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2016 | $259,350 | +1.1% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2015 | $256,595 | +0.4% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2014 | $255,550 | -0.8% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2013 | $257,735 | -1.0% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2012 | $260,300 | +1.9% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2011 | $255,550 | -11.8% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2010 | $289,630 | -5.5% | $2,150,000 | $7,350,000 | $9,500,000 |
| 2009 | $306,625 | +2.9% | $2,150,000 | $8,850,000 | $11,000,000 |
| 2008 | $298,125 | +2.1% | $2,150,000 | $10,350,000 | $12,500,000 |
| 2007 | $292,125 | +5.0% | $2,150,000 | $10,350,000 | $12,500,000 |
| 2006 | $278,125 | +4.2% | $2,150,000 | $10,350,000 | $12,500,000 |
| 2005 | $266,875 | -14.2% | $2,150,000 | $10,350,000 | $12,500,000 |
| 2004 | $311,156 | +6.7% | $2,150,000 | $10,350,000 | $12,500,000 |
| 2003 | $291,563 | +4.0% | $4,230,000 | $5,100,000 | $9,330,000 |
| 2002 | $280,367 | +3.8% | $4,230,000 | $5,100,000 | $9,330,000 |
| 2001 | $270,020 | +0.5% | $4,230,000 | $5,100,000 | $9,330,000 |
| 2000 | $268,675 | +6.0% | $4,230,000 | $5,020,000 | $9,250,000 |
| 1999 | $253,415 | +7.7% | $4,230,000 | $5,765,000 | $9,995,000 |
| 1998 | $235,241 | +1.0% | $4,230,000 | $5,759,000 | $9,989,000 |
| 1997 | $232,992 | +5.5% | $4,230,000 | $5,759,000 | $9,989,000 |
| 1996 | $220,838 | +4.9% | $4,230,000 | $5,520,000 | $9,750,000 |
| 1995 | $210,600 | +1.4% | $4,230,000 | $5,520,000 | $9,750,000 |
| 1994 | $207,675 | -0.9% | $4,230,000 | $5,520,000 | $9,750,000 |
| 1993 | $209,496 | -2.8% | $4,230,000 | $5,520,000 | $9,750,000 |
| 1992 | $215,437 | +5.5% | $4,230,000 | $5,746,000 | $9,976,000 |
| 1991 | $204,120 | +8.6% | $4,230,000 | $6,570,000 | $10,800,000 |
| 1990 | $187,920 | -8.3% | $4,230,000 | $6,570,000 | $10,800,000 |
| 1989 | $204,987 | — | $4,230,000 | $6,570,000 | $10,800,000 |
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