121 Madison Ave
Madison, NJ 07940
5 bd 4,400 sqft Built 1956 Lot 18,426 sqft single_family
Most recent sale
$1,550,000
Apr 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 21, 2022 | Sold | $1,550,000 | Public Record |
| Mar 9, 2022 | Sold | $1,550,000 | MLS #3759446 |
| Jan 17, 2022 | Listed | $1,500,000 | MLS #3759446 |
| Dec 16, 2020 | Price changed | $1,449,000 | MLS #3662899 |
| Oct 2, 2020 | Price changed | $1,499,000 | MLS #3662899 |
| Sep 10, 2020 | Listed | $1,550,000 | MLS #3662899 |
| Jan 18, 2017 | Sold | $495,000 | Public Record |
| Sep 13, 2016 | Listing removed | $499,500 | GardenState |
| Jun 29, 2016 | Price changed | $499,500 | MLS #3293420 |
| Apr 20, 2016 | Price changed | $529,500 | MLS #3293420 |
| Mar 30, 2016 | Listed | $589,500 | MLS #3293420 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $704,900 | $337,500 | $1,042,400 | $19,990 |
| 2024 | $549,400 | $337,500 | $886,900 | $18,890 |
| 2023 | $549,400 | $337,500 | $886,900 | $18,261 |
| 2022 | $549,400 | $337,500 | $886,900 | $18,216 |
| 2021 | $549,400 | $337,500 | $886,900 | $17,968 |
| 2020 | $549,400 | $337,500 | $886,900 | $17,782 |
| 2019 | $549,400 | $337,500 | $886,900 | $17,499 |
| 2018 | $191,900 | $337,500 | $529,400 | $10,180 |
| 2017 | $191,900 | $337,500 | $529,400 | $10,101 |
| 2016 | $191,900 | $337,500 | $529,400 | $9,926 |
| 2015 | $191,900 | $337,500 | $529,400 | $9,741 |
| 2014 | $191,900 | $337,500 | $529,400 | $9,413 |
| 2013 | $191,900 | $337,500 | $529,400 | $9,286 |
| 2012 | $113,500 | $226,800 | $340,300 | $9,457 |
| 2011 | $113,500 | $226,800 | $340,300 | $9,219 |
| 2010 | $113,500 | $226,800 | $340,300 | $8,981 |
| 2009 | $113,500 | $226,800 | $340,300 | $8,620 |
| 2008 | $113,500 | $226,800 | $340,300 | $8,432 |
| 2007 | $113,500 | $226,800 | $340,300 | $7,997 |
Property facts
Year built
1956
Property type
single_family
Stories
2
Beds
5
Baths
—
Living area
4,400 sqft
Lot size
18,426 sqft
ZIP code
07940
City
Madison
Street
Madison Ave
Coordinates
40.76624, -74.42948
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,600
Gross rental yield
5.11%
Implied cap rate
3.32%
Trend-extrapolated value
—
Frequently asked questions
When did 121 Madison Ave last sell?
121 Madison Ave most recently sold on Apr 21, 2022 for $1,550,000.
What is the current tax assessment for 121 Madison Ave?
The most recent total assessment for 121 Madison Ave (year 2025) is $1,042,400 with $19,990 in property tax.
How does 121 Madison Ave's assessment compare to its last sale price?
The current assessment is 32.7% below the last sale price of $1,550,000.
When was 121 Madison Ave built?
121 Madison Ave was built in 1956.
How does 121 Madison Ave compare to others on Madison Ave?
We track 5 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 121 Madison Ave?
121 Madison Ave is a 5 bed, 4,400 sqft, 18,426 sqft lot single_family.
Is 121 Madison Ave a flip candidate?
No — 121 Madison Ave does not appear in our flips dataset.
Is 121 Madison Ave a tax-appeal candidate?
No — 121 Madison Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$1.8M
2026 Q4
$1.86M
ZIP 07940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Ave