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40 Prospect St, Madison Boro, NJ — owner, sales, deeds · parceldata

40 Prospect St

Madison Boro, NJ 07940·Morris County

1417·block 3803·lot 6

$2,663,861estimated value

Last sale

$2,150,000

2/16/2023 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2023

Building size

2,732 sq ft

Lot size

0.18 ac

Land description

80X100

Building description

2SF-L-BG

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$1,339,400

Land value

$400,000

Improvement value

$939,400

Last year's tax

$28,529

Last MOD-IV sale

$2,150,000

MOD-IV deed date

2/7/2023

Owner mailing address

40 PROSPECT ST
MADISON,NJ 07940

Estimated market value

$2,663,861

range $2,433,246 – $2,922,140

high confidence

Assessment-implied: $2,224,178; Director's Ratio 0.6022 (2025)
Comp-implied: $1,325,302; 13 comparable sales

Based on 13 comparable sales

Address	Sold	Price
77 Valley Rd	2/20/2026	$1,900,000
107 Greenwood Ave	2/18/2026	$1,631,000
15 Prospect Pl	2/10/2026	$1,270,000
6 Howell St	1/9/2026	$1,070,000

Bordering

200-ft notice list →

42 Prospect St
Lot 5·$1,289,800
3 Keep St
Lot 7·$985,100

Block 3803All of Block 3803 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "40 PROSPECT ST MADISON NJ 07940"
    ],
    "zipKeys": [
      "40 PROSPECT ST 07940"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1417_3803_6",
  "county_code": "14",
  "district_code": "17",
  "block": "3803",
  "lot": "6",
  "qualifier": "",
  "property_location": "40 PROSPECT ST",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "2SF-L-BG",
  "land_desc": "80X100",
  "year_built": 2023,
  "living_sqft": 2732,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "40000000",
  "improvement_value_cents": "93940000",
  "net_value_cents": "133940000",
  "last_yr_tx_cents": "2852922",
  "deed_date": "2023-02-07",
  "deed_book": "24567",
  "deed_page": "3",
  "sale_price_cents": "215000000",
  "sales_code": null,
  "owner_mailing_street": "40 PROSPECT ST",
  "owner_mailing_city_state_zip": "MADISON,NJ  07940",
  "mun_name": "MADISON BORO",
  "calc_acre": "0.184000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "562",
  "fac_name": null,
  "centroid_lon": -74.41575565897385,
  "centroid_lat": 40.75495519471504
}

SR1A

[
  {
    "id": "263046b9-9870-43f4-9b9e-70b6b3177d18",
    "property_id": "8a346d2b-1c7c-4d75-8840-fc927b1276e8",
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "24567",
    "deed_page": "3",
    "deed_date": "2023-02-07",
    "date_recorded": "2023-02-16",
    "sale_price_cents": "215000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "1edad66d-1b98-47d6-910a-084249dfec7f",
    "property_id": null,
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2023-02-07",
    "date_recorded": "2023-02-16",
    "sale_price_cents": "215000000",
    "sr1a_year": 2023,
    "source": "sr1a"
  },
  {
    "id": "a2afabbb-ade9-4e92-8cfa-f46c0eebcbce",
    "property_id": "8a346d2b-1c7c-4d75-8840-fc927b1276e8",
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "24567",
    "deed_page": "3",
    "deed_date": "2023-02-07",
    "date_recorded": "2023-02-07",
    "sale_price_cents": "215000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "0eff5f11-ee83-474f-bf0f-574baa9eab8c",
    "property_id": "8a346d2b-1c7c-4d75-8840-fc927b1276e8",
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "24527",
    "deed_page": "1030",
    "deed_date": "2022-10-17",
    "date_recorded": "2022-11-15",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "04b1a8f8-9e60-4bcf-9ace-23503721dfe2",
    "property_id": null,
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-10-17",
    "date_recorded": "2022-11-15",
    "sale_price_cents": "100",
    "sr1a_year": 2023,
    "source": "sr1a"
  },
  {
    "id": "76c4b40e-c9e2-4e6a-9e47-7f5c929068d7",
    "property_id": "8a346d2b-1c7c-4d75-8840-fc927b1276e8",
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "24527",
    "deed_page": "1030",
    "deed_date": "2022-10-17",
    "date_recorded": "2022-10-17",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "df214460-12f4-4803-8ea1-77d5a7b8d411",
    "property_id": null,
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-03-22",
    "date_recorded": "2021-05-06",
    "sale_price_cents": "57500000",
    "sr1a_year": 2021,
    "source": "sr1a"
  },
  {
    "id": "47ff1234-f489-4c71-911a-b04f76c33881",
    "property_id": "8a346d2b-1c7c-4d75-8840-fc927b1276e8",
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "24123",
    "deed_page": "518",
    "deed_date": "2021-03-22",
    "date_recorded": "2021-05-06",
    "sale_price_cents": "57500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "16eb2a71-4be2-4d46-aeb8-54a2b3bd0aad",
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    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "24123",
    "deed_page": "518",
    "deed_date": "2021-03-22",
    "date_recorded": "2021-03-22",
    "sale_price_cents": "57500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7cf953f9-4171-4ff8-aea5-cc81291bbf23",
    "property_id": "8a346d2b-1c7c-4d75-8840-fc927b1276e8",
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "22329",
    "deed_page": "1564",
    "deed_date": "2013-03-13",
    "date_recorded": "2013-05-22",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "4b5a2b59-9169-4697-867f-9f495c658d64",
    "property_id": "8a346d2b-1c7c-4d75-8840-fc927b1276e8",
    "county_code": "14",
    "district_code": "17",
    "block": "3803",
    "lot": "6",
    "qualifier": "",
    "deed_book": "22329",
    "deed_page": "1564",
    "deed_date": "2013-03-13",
    "date_recorded": "2013-03-13",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Sales history

2/16/2023$2,150,000
taxrecords_njBk 24567 / Pg 3
2/16/2023$2,150,000
SR1A 2023
2/7/2023$2,150,000
MOD-IV (Rutgers)Bk 24567 / Pg 3
11/15/2022$1
taxrecords_njBk 24527 / Pg 1030
11/15/2022$1
SR1A 2023
10/17/2022$1
MOD-IV (Rutgers)Bk 24527 / Pg 1030
5/6/2021$575,000
SR1A 2021
5/6/2021$575,000
taxrecords_njBk 24123 / Pg 518
3/22/2021$575,000
MOD-IV (Rutgers)Bk 24123 / Pg 518
5/22/2013$1
taxrecords_njBk 22329 / Pg 1564
3/13/2013$1
MOD-IV (Rutgers)Bk 22329 / Pg 1564

Date	Price	Book / Page	Source
2/16/2023	$2,150,000	24567 / 3	taxrecords_nj
2/16/2023	$2,150,000	—	SR1A 2023
2/7/2023	$2,150,000	24567 / 3	MOD-IV (Rutgers)
11/15/2022	$1	24527 / 1030	taxrecords_nj
11/15/2022	$1	—	SR1A 2023
10/17/2022	$1	24527 / 1030	MOD-IV (Rutgers)
5/6/2021	$575,000	—	SR1A 2021
5/6/2021	$575,000	24123 / 518	taxrecords_nj
3/22/2021	$575,000	24123 / 518	MOD-IV (Rutgers)

Property

Tax & Assessment

Estimated market value

Bordering

Sales history

Deeds