When was 18 Cedar Avenue, Madison Boro, NJ last sold?

The most recent recorded sale was in 2018 for $531,200.

What is the assessed value of 18 Cedar Avenue, Madison Boro, NJ?

The total municipal assessment is $491,100 (land plus improvements).

What is 18 Cedar Avenue, Madison Boro, NJ worth?

Our model estimates a market value of $840,095, derived from comparable recorded sales nearby.

How many units does 18 Cedar Avenue, Madison Boro, NJ have?

Records show 1 dwelling unit at 18 Cedar Avenue, Madison Boro, NJ.

What kind of property is 18 Cedar Avenue, Madison Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

parceldata.nj

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18 Cedar Avenue, Madison Boro, NJ — owner, sales, deeds · parceldata

18 Cedar Avenue

Madison Boro, NJ 07940·Morris County

1417·block 306·lot 14

$840,095estimated value

Last sale

$531,200

10/5/2018 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

1,588 sq ft

Lot size

0.32 ac

Land description

0.324 AC

Building description

1.5SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$491,100

Land value

$316,700

Improvement value

$174,400

Last year's tax

$10,460

Last MOD-IV sale

$531,200

MOD-IV deed date

7/17/2018

Owner mailing address

18 CEDAR AVE
MADISON, NJ 07940

Estimated market value

$840,095

range $745,892 – $932,807

high confidence

Assessment-implied: $815,510; Director's Ratio 0.6022 (2025)
Comp-implied: $848,290; 30 comparable sales

Estimated value, last 11 years

2016: $448,906 → 2026: $840,095

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
14 Buckingham Dr	4/9/2026	$1,105,000
78 North St	3/17/2026	$715,000

On Cedar AvenueAll 13 on Cedar Avenue →

Bordering

200-ft notice list →

20 Cedar Avenue
Lot 13·$503,500
38 Crestwood Drive
Lot 15·$400,200

Block 306All of Block 306 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "18 CEDAR AVE MADISON NJ 07940"
    ],
    "zipKeys": [
      "18 CEDAR AVE 07940"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1417_306_14",
  "county_code": "14",
  "district_code": "17",
  "block": "306",
  "lot": "14",
  "qualifier": "",
  "property_location": "18 CEDAR AVE",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5SF",
  "land_desc": "0.324 AC",
  "year_built": 1950,
  "living_sqft": 1588,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "31670000",
  "improvement_value_cents": "17440000",
  "net_value_cents": "49110000",
  "last_yr_tx_cents": "1046043",
  "deed_date": "2018-07-17",
  "deed_book": "23428",
  "deed_page": "1382",
  "sale_price_cents": "53120000",
  "sales_code": null,
  "owner_mailing_street": "18 CEDAR AVE",
  "owner_mailing_city_state_zip": "MADISON, NJ  07940",
  "mun_name": "MADISON BORO",
  "calc_acre": "0.324000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.42604763353478,
  "centroid_lat": 40.76985114226682
}

SR1A

[
  {
    "id": "25458ecc-c501-4e23-aa4f-c0bd4b1927ec",
    "property_id": "91e1fe32-6b33-49d5-8e66-2d9bccfb52a8",
    "county_code": "14",
    "district_code": "17",
    "block": "306",
    "lot": "14",
    "qualifier": "",
    "deed_book": "23428",
    "deed_page": "1382",
    "deed_date": "2018-07-17",
    "date_recorded": "2018-10-05",
    "sale_price_cents": "53120000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "23c27682-a7cb-4759-89cc-14bfc2e370d9",
    "property_id": "91e1fe32-6b33-49d5-8e66-2d9bccfb52a8",
    "county_code": "14",
    "district_code": "17",
    "block": "306",
    "lot": "14",
    "qualifier": "",
    "deed_book": "23428",
    "deed_page": "1382",
    "deed_date": "2018-07-17",
    "date_recorded": "2018-07-17",
    "sale_price_cents": "53120000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 18 Cedar Avenue, Madison Boro, NJ last sold?: The most recent recorded sale was in 2018 for $531,200.
What is the assessed value of 18 Cedar Avenue, Madison Boro, NJ?: The total municipal assessment is $491,100 (land plus improvements).
What is 18 Cedar Avenue, Madison Boro, NJ worth?: Our model estimates a market value of $840,095, derived from comparable recorded sales nearby.
How many units does 18 Cedar Avenue, Madison Boro, NJ have?: Records show 1 dwelling unit at 18 Cedar Avenue, Madison Boro, NJ.
What kind of property is 18 Cedar Avenue, Madison Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Sales history

10/5/2018$531,200
taxrecords_njBk 23428 / Pg 1382
7/17/2018$531,200
MOD-IV (Rutgers)Bk 23428 / Pg 1382

Date	Price	Book / Page	Source
10/5/2018	$531,200	23428 / 1382	taxrecords_nj
7/17/2018	$531,200	23428 / 1382	MOD-IV (Rutgers)