Madison, NJ 07940 Real Estate & Property Data
Last Updated: April 28, 2024
A total of 190 residential properties have been sold over the past 12 months in 07940. With a median sales price of $854,500 in 07940. Discover market trends and get the granular level real estate data for Madison, NJ 07940 to keep your pulse on the housing market. Curate compelling home reports for Madison, NJ 07940 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 4,358
Total Commercial Properties 205
Avg. Home Age (Single Family Home) 67 Years
Avg. Square Feet (Single Family Home) 2,449
Total 2024 Residential Sales (year-to-date) 14
% of Homes Seriously Underwater (Q2 2024) 0.94%
Total 2023 Residential Sales 188
% of Equity Rich Homes (Q2 2024) 42.71%
Effective 2023 Property Tax 1.3%
Total Foreclosure Filings (year-to-date) N/A
Madison, NJ 07940 Real Estate Overview
There were 190 residential properties sold in the past year in Madison, NJ 07940. The median home value in Madison, NJ 07940 is $926,300. There are a total of 4,358 residential properties in the 07940.
Median Sales Price i
$854,500
(Feb 2024)
-15.2%
year-over-year
y-o-y
- February '24 Feb '24 $854,500
- January '24 Jan '24 $820,000
- December '23 Dec '23 $1,240,000
- November '23 Nov '23 $742,500
- October '23 Oct '23 $853,000
- September '23 Sep '23 $911,000
- August '23 Aug '23 $1,362,500
- July '23 Jul '23 $925,000
- June '23 Jun '23 $1,415,035
- May '23 May '23 $782,500
- April '23 Apr '23 $735,000
- March '23 Mar '23 $1,550,000
Median Down Payment i
$50,000
(Feb 2024)
-73.5%
year-over-year
y-o-y
- February '24 Feb '24 $50,000
- January '24 Jan '24 $177,000
- December '23 Dec '23 $274,000
- November '23 Nov '23 $164,200
- October '23 Oct '23 $170,600
- September '23 Sep '23 $214,400
- August '23 Aug '23 $360,000
- July '23 Jul '23 $314,000
- June '23 Jun '23 $362,500
- May '23 May '23 $150,000
- April '23 Apr '23 $162,500
- March '23 Mar '23 $310,000
Number of Homes Sold i
6
(Feb 2024)
-50%
year-over-year
y-o-y
Number of Purchase Loans i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
Number of REFI Loans i
3
(Feb 2024)
-57.1%
year-over-year
y-o-y
Number of HELOC Loans i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
Madison, NJ 07940 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Madison, NJ 07940 Foreclosure Activity
Total Foreclosure Filings i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 1
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 1
- June '23 Jun '23 1
- May '23 May '23 2
- April '23 Apr '23 1
- March '23 Mar '23 N/A
Foreclosure Starts i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 1
- June '23 Jun '23 N/A
- May '23 May '23 1
- April '23 Apr '23 1
- March '23 Mar '23 N/A
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