When was 204 Madison Avenue, Morris Twp, NJ last sold?

The most recent recorded sale was in 2021 for $3,250,000.

What is the assessed value of 204 Madison Avenue, Morris Twp, NJ?

The total municipal assessment is $2,762,700 (land plus improvements).

What is 204 Madison Avenue, Morris Twp, NJ worth?

Our model estimates a market value of $3,785,558, derived from comparable recorded sales nearby.

ElasticParcelNJ

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204 Madison Avenue

Morris Twp, NJ·Morris County

Estimated market value

$3,785,558

moderate confidence

range $3,217,724 – $4,353,391

Assessment-implied: $3,785,558; 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

$3,250,000

1/6/2021 · MOD-IV (Rutgers)

1 other property share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

1.24 ac

Land description

1.24 AC

Building description

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$2,762,700

Land value

$1,350,700

Improvement value

$1,412,000

Last year's tax

$55,309

Last MOD-IV sale

$3,250,000

MOD-IV deed date

1/6/2021

Owner

DKR 5 LLC

31 Columbia Tpk
Florham Park, NJ 07932

Sales history

1/6/2021$3,250,000
MOD-IV (Rutgers)Bk 24032 / Pg 1146

Date	Price	Book / Page	Source
1/6/2021	$3,250,000	24032 / 1146	MOD-IV (Rutgers)

Deeds

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

Properties on Madison Avenue

Properties on Block 8603

Frequently asked

When was 204 Madison Avenue, Morris Twp, NJ last sold?: The most recent recorded sale was in 2021 for $3,250,000.
What is the assessed value of 204 Madison Avenue, Morris Twp, NJ?: The total municipal assessment is $2,762,700 (land plus improvements).
What is 204 Madison Avenue, Morris Twp, NJ worth?: Our model estimates a market value of $3,785,558, derived from comparable recorded sales nearby.
What kind of property is 204 Madison Avenue, Morris Twp, NJ?: It is a Commercial Property.

1422·block 8603·lot 2.01

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204 Madison Ave

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

204 Madison Avenue

Morris Twp, NJ·Morris County

Estimated market value

$3,785,558

moderate confidence

range $3,217,724 – $4,353,391

Assessment-implied: $3,785,558; 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

$3,250,000

1/6/2021 · MOD-IV (Rutgers)

1 other property share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

1.24 ac

Land description

1.24 AC

Building description

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$2,762,700

Land value

$1,350,700

Improvement value

$1,412,000

Last year's tax

$55,309

Last MOD-IV sale

$3,250,000

MOD-IV deed date

1/6/2021

Owner

DKR 5 LLC

31 Columbia Tpk
Florham Park, NJ 07932

Sales history

1/6/2021$3,250,000
MOD-IV (Rutgers)Bk 24032 / Pg 1146

Date	Price	Book / Page	Source
1/6/2021	$3,250,000	24032 / 1146	MOD-IV (Rutgers)

Deeds

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

Properties on Madison Avenue

Properties on Block 8603

Frequently asked

When was 204 Madison Avenue, Morris Twp, NJ last sold?: The most recent recorded sale was in 2021 for $3,250,000.
What is the assessed value of 204 Madison Avenue, Morris Twp, NJ?: The total municipal assessment is $2,762,700 (land plus improvements).
What is 204 Madison Avenue, Morris Twp, NJ worth?: Our model estimates a market value of $3,785,558, derived from comparable recorded sales nearby.
What kind of property is 204 Madison Avenue, Morris Twp, NJ?: It is a Commercial Property.

1422·block 8603·lot 2.01