When was 31 Park Ln, Madison Boro, NJ last sold?

The most recent recorded sale was in 2018 for $1,175,000.

What is the assessed value of 31 Park Ln, Madison Boro, NJ?

The total municipal assessment is $1,163,800 (land plus improvements).

What is 31 Park Ln, Madison Boro, NJ worth?

Our model estimates a market value of $1,725,471, derived from comparable recorded sales nearby.

How many units does 31 Park Ln, Madison Boro, NJ have?

Records show 1 dwelling unit at 31 Park Ln, Madison Boro, NJ.

What kind of property is 31 Park Ln, Madison Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1961.

parceldata.nj

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31 Park Ln, Madison Boro, NJ — owner, sales, deeds · parceldata

31 Park Ln

Madison Boro, NJ 07940·Morris County

1417·block 4601·lot 7

$1,725,471estimated value

Last sale

$1,175,000

3/20/2018 · taxrecords_nj

2 other properties share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1961

Building size

2,949 sq ft

Lot size

0.48 ac

Land description

25691SF

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,163,800

Land value

$688,500

Improvement value

$475,300

Last year's tax

$24,789

Last MOD-IV sale

$1,175,000

MOD-IV deed date

3/13/2018

Owner mailing address

31 PARK LN
MADISON, NJ 07940

Estimated market value

$1,725,471

range $1,551,262 – $2,073,104

high confidence

Assessment-implied: $1,932,581; Director's Ratio 0.6022 (2025)
Comp-implied: $1,656,434; 30 comparable sales

Estimated value, last 11 years

2016: $922,007 → 2026: $1,725,471

dots are actual sale prices for this property

Bordering

200-ft notice list →

19 Park Ln
Lot 6·$1,557,400
39 Park Ln
Lot 8·$1,225,900

Block 4601All of Block 4601 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "31 PARK LN MADISON NJ 07940"
    ],
    "zipKeys": [
      "31 PARK LN 07940"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1417_4601_7",
  "county_code": "14",
  "district_code": "17",
  "block": "4601",
  "lot": "7",
  "qualifier": "",
  "property_location": "31 PARK LN",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "1SF",
  "land_desc": "25691SF",
  "year_built": 1961,
  "living_sqft": 2949,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "68850000",
  "improvement_value_cents": "47530000",
  "net_value_cents": "116380000",
  "last_yr_tx_cents": "2478894",
  "deed_date": "2018-03-13",
  "deed_book": "23313",
  "deed_page": "1879",
  "sale_price_cents": "117500000",
  "sales_code": null,
  "owner_mailing_street": "31 PARK LN",
  "owner_mailing_city_state_zip": "MADISON, NJ  07940",
  "mun_name": "MADISON BORO",
  "calc_acre": "0.477000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.41676316952247,
  "centroid_lat": 40.744793785492966
}

SR1A

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    "qualifier": "",
    "deed_book": "23313",
    "deed_page": "1879",
    "deed_date": "2018-03-13",
    "date_recorded": "2018-03-20",
    "sale_price_cents": "117500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
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    "deed_book": "5394",
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]

API record·permalink

Frequently asked questions

When was 31 Park Ln, Madison Boro, NJ last sold?: The most recent recorded sale was in 2018 for $1,175,000.
What is the assessed value of 31 Park Ln, Madison Boro, NJ?: The total municipal assessment is $1,163,800 (land plus improvements).
What is 31 Park Ln, Madison Boro, NJ worth?: Our model estimates a market value of $1,725,471, derived from comparable recorded sales nearby.
How many units does 31 Park Ln, Madison Boro, NJ have?: Records show 1 dwelling unit at 31 Park Ln, Madison Boro, NJ.
What kind of property is 31 Park Ln, Madison Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1961.

Based on 30 comparable sales

Address	Sold	Price
9 Westerly Ave	4/8/2026	$1,335,000
175 Green Village Rd	3/30/2026	$1,310,000
70 Noe Ave	3/25/2026	$1,417,000
17 Overhill Dr	2/27/2026	$805,000
96 North St	2/26/2026	$700,000
11 Station Rd	2/6/2026	$837,000
115 Woodland Rd	1/6/2026	$1,565,000
46 Broadview Ave	12/3/2025	$1,100,000
3 Ardsleigh Dr	12/1/2025	$1,105,000
7 Dogwood Dr	11/21/2025	$1,999,999
88 Pomeroy Rd	10/7/2025	$1,900,000
21 Stafford Dr	9/2/2025	$2,438,000
9 Stonehedge Ln	8/19/2025	$1,393,000
7 Crestview Ave	8/1/2025	$1,500,000
18 Winding Way	8/1/2025	$1,380,000
47 Park Ln	6/25/2025	$2,200,000
20 Crestview Ave	5/22/2025	$1,331,000
38 Pine Ave	5/22/2025	$1,312,580
58 Lathrop Ave	4/4/2025	$1,730,080
20 Stonehedge Ln	4/1/2025	$1,215,000
7 Coursen Way	3/17/2025	$1,399,900
132 Ridgedale Ave	2/27/2025	$1,199,000
1 Coursen Way	2/5/2025	$1,030,000
16 Lathrop Ave	1/30/2025	$999,990
83 Pomeroy Rd	1/27/2025	$2,199,000
24 Vinton Rd	1/22/2025	$1,926,123
25 Dellwood Dr	1/16/2025	$2,525,000
9 Coursen Way	12/20/2024	$999,000
5 Carteret CT	11/27/2024	$1,457,000
280 Kings Rd	11/14/2024	$757,900

Sales history

3/20/2018$1,175,000
taxrecords_njBk 23313 / Pg 1879
3/13/2018$1,175,000
MOD-IV (Rutgers)Bk 23313 / Pg 1879
2/9/2006$1,550,000
taxrecords_njBk 6558 / Pg 215
1/19/2006$1,550,000
MOD-IV (Rutgers)Bk 6558 / Pg 215
2/6/2004$1,280,000
taxrecords_njBk 6018 / Pg 59
1/30/2004$1,280,000
MOD-IV (Rutgers)Bk 6018 / Pg 59
6/15/2001$1,180,000
taxrecords_njBk 5394 / Pg 166
6/14/2001$1,180,000
MOD-IV (Rutgers)Bk 5394 / Pg 166
9/20/2000$1,150,000
taxrecords_njBk 5251 / Pg 243
9/15/2000$1,150,000
MOD-IV (Rutgers)Bk 5251 / Pg 243
6/2/1997$754,900
taxrecords_njBk 4573 / Pg 216
5/23/1997$754,900
MOD-IV (Rutgers)Bk 4573 / Pg 216
12/13/1994$470,000
taxrecords_njBk 4105 / Pg 237
11/17/1994$470,000
MOD-IV (Rutgers)Bk 4105 / Pg 237

Date	Price	Book / Page	Source
3/20/2018	$1,175,000	23313 / 1879	taxrecords_nj
3/13/2018	$1,175,000	23313 / 1879	MOD-IV (Rutgers)
2/9/2006	$1,550,000	6558 / 215	taxrecords_nj
1/19/2006	$1,550,000	6558 / 215	MOD-IV (Rutgers)
2/6/2004	$1,280,000	6018 / 59	taxrecords_nj
1/30/2004	$1,280,000	6018 / 59	MOD-IV (Rutgers)
6/15/2001	$1,180,000	5394 / 166	taxrecords_nj
6/14/2001	$1,180,000	5394 / 166	MOD-IV (Rutgers)
9/20/2000	$1,150,000	5251 / 243	taxrecords_nj