When was 250 Madison Avenue, Morris Twp, NJ last sold?

The most recent recorded sale was in 2021 for $232,726.

What is the assessed value of 250 Madison Avenue, Morris Twp, NJ?

The total municipal assessment is $2,742,300 (land plus improvements).

What is 250 Madison Avenue, Morris Twp, NJ worth?

Our model estimates a market value of $3,757,605, derived from comparable recorded sales nearby.

How many units does 250 Madison Avenue, Morris Twp, NJ have?

Records show 1 dwelling unit at 250 Madison Avenue, Morris Twp, NJ.

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250 Madison Avenue

Morris Twp, NJ·Morris County

Estimated market value

$3,757,605

moderate confidence

range $3,193,964 – $4,321,246

Assessment-implied: $3,757,605; Director's Ratio 0.7298 (2025)
Comparable sales: 2 (below threshold)

Based on 2 comparable sales

Address	Sold	Price
225 Madison Ave	3/10/2025	$2,100,000
291 E Hanover Ave	4/26/2024	$3,836,074

Last sale

$232,726

3/10/2022 · SR1A 2022

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

Property

Type

Commercial

Tax class

Commercial

Year built

1986

Building size

—

Lot size

0.85 ac

Land description

0.85 AC

Building description

2S OB/17616 SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$2,742,300

Land value

$879,400

Improvement value

$1,862,900

Last year's tax

$54,901

Last MOD-IV sale

$3,000,000

MOD-IV deed date

12/13/2017

Owner

SL 250 MADISON AVENUE LLC ET AL

195 Morristown Rd
Basking Ridge, NJ 07920

Sales history

4/30/2021$232,726
SR1A 2022Bk 24365 / Pg 1338
12/13/2017$3,000,000
MOD-IV (Rutgers)Bk 23265 / Pg 979
6/30/2003$99
MOD-IV (Rutgers)Bk 5889 / Pg 5

Date	Price	Book / Page	Source
4/30/2021	$232,726	24365 / 1338	SR1A 2022
12/13/2017	$3,000,000	23265 / 979	MOD-IV (Rutgers)
6/30/2003	$99	5889 / 5	MOD-IV (Rutgers)

Deeds

No deeds on file. Click to pull the title chain from the county clerk.

Properties on Madison Avenue

Properties on Block 8601

Frequently asked

When was 250 Madison Avenue, Morris Twp, NJ last sold?: The most recent recorded sale was in 2021 for $232,726.
What is the assessed value of 250 Madison Avenue, Morris Twp, NJ?: The total municipal assessment is $2,742,300 (land plus improvements).
What is 250 Madison Avenue, Morris Twp, NJ worth?: Our model estimates a market value of $3,757,605, derived from comparable recorded sales nearby.
How many units does 250 Madison Avenue, Morris Twp, NJ have?: Records show 1 dwelling unit at 250 Madison Avenue, Morris Twp, NJ.
What kind of property is 250 Madison Avenue, Morris Twp, NJ?: It is a Commercial Property.

1422·block 8601·lot 1

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250 Madison Ave

250 Madison Avenue, Morris Twp, NJ — owner, sales, deeds · ElasticParcel

250 Madison Avenue

Morris Twp, NJ·Morris County

Estimated market value

$3,757,605

moderate confidence

range $3,193,964 – $4,321,246

Assessment-implied: $3,757,605; Director's Ratio 0.7298 (2025)
Comparable sales: 2 (below threshold)

Based on 2 comparable sales

Address	Sold	Price
225 Madison Ave	3/10/2025	$2,100,000
291 E Hanover Ave	4/26/2024	$3,836,074

Last sale

$232,726

3/10/2022 · SR1A 2022

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

Property

Type

Commercial

Tax class

Commercial

Year built

1986

Building size

—

Lot size

0.85 ac

Land description

0.85 AC

Building description

2S OB/17616 SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$2,742,300

Land value

$879,400

Improvement value

$1,862,900

Last year's tax

$54,901

Last MOD-IV sale

$3,000,000

MOD-IV deed date

12/13/2017

Owner

SL 250 MADISON AVENUE LLC ET AL

195 Morristown Rd
Basking Ridge, NJ 07920

Sales history

4/30/2021$232,726
SR1A 2022Bk 24365 / Pg 1338
12/13/2017$3,000,000
MOD-IV (Rutgers)Bk 23265 / Pg 979
6/30/2003$99
MOD-IV (Rutgers)Bk 5889 / Pg 5

Date	Price	Book / Page	Source
4/30/2021	$232,726	24365 / 1338	SR1A 2022
12/13/2017	$3,000,000	23265 / 979	MOD-IV (Rutgers)
6/30/2003	$99	5889 / 5	MOD-IV (Rutgers)

Deeds

No deeds on file. Click to pull the title chain from the county clerk.

Properties on Madison Avenue

Properties on Block 8601

Frequently asked

When was 250 Madison Avenue, Morris Twp, NJ last sold?: The most recent recorded sale was in 2021 for $232,726.
What is the assessed value of 250 Madison Avenue, Morris Twp, NJ?: The total municipal assessment is $2,742,300 (land plus improvements).
What is 250 Madison Avenue, Morris Twp, NJ worth?: Our model estimates a market value of $3,757,605, derived from comparable recorded sales nearby.
How many units does 250 Madison Avenue, Morris Twp, NJ have?: Records show 1 dwelling unit at 250 Madison Avenue, Morris Twp, NJ.
What kind of property is 250 Madison Avenue, Morris Twp, NJ?: It is a Commercial Property.

1422·block 8601·lot 1