When was 191 Central Ave, Madison Boro, NJ last sold?

The most recent recorded sale was in 2013 for $710,000.

What is the assessed value of 191 Central Ave, Madison Boro, NJ?

The total municipal assessment is $724,000 (land plus improvements).

What is 191 Central Ave, Madison Boro, NJ worth?

Our model estimates a market value of $1,485,204, derived from comparable recorded sales nearby.

How many units does 191 Central Ave, Madison Boro, NJ have?

Records show 1 dwelling unit at 191 Central Ave, Madison Boro, NJ.

What kind of property is 191 Central Ave, Madison Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1926.

parceldata.nj

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191 Central Ave, Madison Boro, NJ — owner, sales, deeds · parceldata

191 Central Ave

Madison Boro, NJ 07940·Morris County

1417·block 706·lot 5

$1,485,204estimated value

Last sale

$710,000

5/3/2013 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1926

Building size

2,652 sq ft

Lot size

0.50 ac

Land description

0.502 AC

Building description

2SF G2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$724,000

Land value

$294,300

Improvement value

$429,700

Last year's tax

$15,421

Last MOD-IV sale

$710,000

MOD-IV deed date

4/26/2013

Owner mailing address

191 CENTRAL AVE
MADISON, NJ 07940

Estimated market value

$1,485,204

range $1,291,710 – $1,732,607

moderate confidence

Assessment-implied: $1,202,258; Director's Ratio 0.6022 (2025)
Comp-implied: $1,579,520; 30 comparable sales

Estimated value, last 11 years

2016: $793,621 → 2026: $1,485,204

Based on 30 comparable sales

Address	Sold	Price
24 Loantaka Way	4/2/2026	$1,650,000
175 Green Village Rd	3/30/2026	$1,310,000

Bordering

200-ft notice list →

183 Central Ave
Lot 4·$719,000
199 Central Ave
Lot 6·$604,800

Block 706All of Block 706 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1417_706_5",
  "county_code": "14",
  "district_code": "17",
  "block": "706",
  "lot": "5",
  "qualifier": "",
  "property_location": "191 CENTRAL AVE",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF G2",
  "land_desc": "0.502 AC",
  "year_built": 1926,
  "living_sqft": 2652,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "29430000",
  "improvement_value_cents": "42970000",
  "net_value_cents": "72400000",
  "last_yr_tx_cents": "1542120",
  "deed_date": "2013-04-26",
  "deed_book": "22313",
  "deed_page": "1786",
  "sale_price_cents": "71000000",
  "sales_code": null,
  "owner_mailing_street": "191 CENTRAL AVE",
  "owner_mailing_city_state_zip": "MADISON, NJ  07940",
  "mun_name": "MADISON BORO",
  "calc_acre": "0.502000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.404010848413,
  "centroid_lat": 40.767825688379915
}

SR1A

[
  {
    "id": "917f51c8-50da-414e-859c-ccc35c4c79ad",
    "property_id": "cad1ff0e-3452-4edc-9730-0f982d45e42b",
    "county_code": "14",
    "district_code": "17",
    "block": "706",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22313",
    "deed_page": "1786",
    "deed_date": "2013-04-26",
    "date_recorded": "2013-05-03",
    "sale_price_cents": "71000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "02b33668-50d9-482d-9847-9431187f9a1a",
    "property_id": "cad1ff0e-3452-4edc-9730-0f982d45e42b",
    "county_code": "14",
    "district_code": "17",
    "block": "706",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22313",
    "deed_page": "1786",
    "deed_date": "2013-04-26",
    "date_recorded": "2013-04-26",
    "sale_price_cents": "71000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 191 Central Ave, Madison Boro, NJ last sold?: The most recent recorded sale was in 2013 for $710,000.
What is the assessed value of 191 Central Ave, Madison Boro, NJ?: The total municipal assessment is $724,000 (land plus improvements).
What is 191 Central Ave, Madison Boro, NJ worth?: Our model estimates a market value of $1,485,204, derived from comparable recorded sales nearby.
How many units does 191 Central Ave, Madison Boro, NJ have?: Records show 1 dwelling unit at 191 Central Ave, Madison Boro, NJ.
What kind of property is 191 Central Ave, Madison Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1926.

Sales history

5/3/2013$710,000
taxrecords_njBk 22313 / Pg 1786
4/26/2013$710,000
MOD-IV (Rutgers)Bk 22313 / Pg 1786

Date	Price	Book / Page	Source
5/3/2013	$710,000	22313 / 1786	taxrecords_nj
4/26/2013	$710,000	22313 / 1786	MOD-IV (Rutgers)