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940 Madison Ave

Toms River, NJ 08757

4 bd 3 ba 1,515 sqft Built 2000 Lot 10,019 sqft single_family
Most recent sale
$410,000
Dec 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 5, 2022 Sold $410,000 MoreMLS
Jun 15, 2000 Sold $114,850 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,700 $295,000 $544,700 $7,925
2024 $249,700 $295,000 $544,700 $6,483
2023 $184,100 $80,000 $264,100 $6,153
2022 $179,300 $80,000 $259,300 $5,743
2021 $179,300 $80,000 $259,300 $5,619
2020 $179,300 $80,000 $259,300 $5,471
2019 $164,000 $80,000 $244,000 $6,258
2018 $164,000 $80,000 $244,000 $6,234
2017 $164,000 $80,000 $244,000 $6,258
2016 $164,000 $80,000 $244,000 $6,182
2015 $164,000 $80,000 $244,000 $6,068
2014 $164,000 $80,000 $244,000 $5,943
2013 $164,000 $80,000 $244,000 $5,736
2012 $169,700 $105,000 $274,700 $5,279
2011 $169,700 $105,000 $274,700 $5,101
2009 $169,700 $105,000 $274,700 $4,592
2007 $93,700 $19,500 $113,200 $3,375

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,515 sqft
Lot size
10,019 sqft
ZIP code
08757
City
Toms River
Street
Madison Ave
Coordinates
40.00293, -74.26489

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,273
Gross rental yield
6.65%
Implied cap rate
4.32%
Trend-extrapolated value

Frequently asked questions

When did 940 Madison Ave last sell?
940 Madison Ave most recently sold on Dec 5, 2022 for $410,000.
What is the current tax assessment for 940 Madison Ave?
The most recent total assessment for 940 Madison Ave (year 2025) is $544,700 with $7,925 in property tax.
How does 940 Madison Ave's assessment compare to its last sale price?
The current assessment is 32.9% above the last sale price of $410,000.
When was 940 Madison Ave built?
940 Madison Ave was built in 2000.
How does 940 Madison Ave compare to others on Madison Ave?
We track 8 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 940 Madison Ave?
940 Madison Ave is a 4 bed, 3 bath, 1,515 sqft, 10,019 sqft lot single_family.
Is 940 Madison Ave a flip candidate?
No — 940 Madison Ave does not appear in our flips dataset.
Is 940 Madison Ave a tax-appeal candidate?
Yes — 940 Madison Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+12.2%
2026 Q3
$432.2K
2026 Q4
$443.2K
ZIP 08757 — Median Price History + Forecast

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