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181 Madison Dr

South Plainfield, NJ 07080

3 bd 2 ba 1,554 sqft Built 1954 Lot 7,501 sqft single_family
Most recent sale
$485,000
Dec 27, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 27, 2021 Sold $485,000 MLS #2206435R
Nov 6, 2021 Listed $440,000 MLS #2206435R
Jul 13, 2018 Sold $350,000 Public Record
May 12, 2018 Listing removed $368,000 AllJerseyMLS
Apr 26, 2018 Relisted $368,000 MLS #1815843
Mar 14, 2018 Listing removed $354,900 AllJerseyMLS
Jan 16, 2018 Listed $354,900 MLS #1815843
Mar 1, 1984 Sold $63,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $83,000 $32,600 $115,600 $8,457
2024 $83,000 $32,600 $115,600 $8,071
2023 $83,000 $32,600 $115,600 $7,719
2022 $78,000 $32,600 $110,600 $7,294
2021 $78,000 $32,600 $110,600 $7,123
2020 $78,000 $32,600 $110,600 $7,019
2019 $78,000 $32,600 $110,600 $6,734
2018 $78,000 $32,600 $110,600 $6,561
2017 $78,000 $32,600 $110,600 $6,227
2016 $78,000 $32,600 $110,600 $6,411
2015 $78,000 $32,600 $110,600 $6,051
2014 $78,000 $32,600 $110,600 $6,120
2013 $78,000 $32,600 $110,600 $5,958
2012 $78,000 $32,600 $110,600 $5,800
2011 $78,000 $32,600 $110,600 $5,656
2010 $78,000 $32,600 $110,600 $5,405
2009 $78,000 $32,600 $110,600 $5,300
2008 $78,000 $32,600 $110,600 $4,913
2007 $78,000 $32,600 $110,600 $4,605

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,554 sqft
Lot size
7,501 sqft
ZIP code
07080
City
South Plainfield
Street
Madison Dr
Coordinates
40.59054, -74.41635

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,331
Gross rental yield
5.77%
Implied cap rate
3.75%
Trend-extrapolated value

Frequently asked questions

When did 181 Madison Dr last sell?
181 Madison Dr most recently sold on Dec 27, 2021 for $485,000.
What is the current tax assessment for 181 Madison Dr?
The most recent total assessment for 181 Madison Dr (year 2025) is $115,600 with $8,457 in property tax.
How does 181 Madison Dr's assessment compare to its last sale price?
The current assessment is 76.2% below the last sale price of $485,000.
When was 181 Madison Dr built?
181 Madison Dr was built in 1954.
How does 181 Madison Dr compare to others on Madison Dr?
We track 6 other properties on Madison Dr. Browse the list under "Other properties on Madison Dr" to compare beds, baths, and sale history.
What are the property facts for 181 Madison Dr?
181 Madison Dr is a 3 bed, 2 bath, 1,554 sqft, 7,501 sqft lot single_family.
Is 181 Madison Dr a flip candidate?
No — 181 Madison Dr does not appear in our flips dataset.
Is 181 Madison Dr a tax-appeal candidate?
No — 181 Madison Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.2%
2026 Q3
$574.8K
2026 Q4
$579.3K
ZIP 07080 — Median Price History + Forecast

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