15 Central Ave, Madison, NJ 07940 Property Records

Morris County and Madison Borough property record for 15 Central Ave, Madison, NJ 07940

Property Summary

Property TypeRetail Store
Details5,562 sqft · built 1900
Lot Size0.115 acres (5,001 sqft)
OwnerCompany Name on Record
Last Sale$975,000 (May 2021)
Tax Bill$19,093 (2024)
Deeds & MortgagesMay 2021 Mortgage
May 2021 Second Mortgage
+ 2 more
APN17-01802-0000-00002

Property Details

APN / Parcel Number

Primary APN17-01802-0000-00002
Alternative APNs
  • 1700053000000002
  • 170180200002

Interior

Stories2 Stories
Building Area5,562 sqft Total Area

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Construction TypeFrame
Lot Area5,001 sqft (0.115 acres)
Lot Dimensions100 ft deep x 50 ft wide
Parking Spaces2 Parking Spaces

Location & Zoning

Old Parcel Number1700053000000002
Street Address15 CENTRAL AVE
CityMADISON
StateNJ
Zip07940-1971
Property CategoryCommercial
Property TypeCommercial > Retail > Retail Store
Local Zoning CodeCBD2
Legal SubdivisionBOROUGH/MADISON
Legal Block1802
Legal Lot Number2
JurisdictionMORRIS NJ
Township / Civil DivisionMADISON
Census Block Group3
Census Block3003
Census Tract43000

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Madison Civic Commercial District
listed 1991 · 46 contributing resources · NRIS 89002115

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Morris County and Madison Borough records, as of July 9, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing AddressPO BOX 166, NEW VERNON, NJ 07976-0166
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
May 11, 2021Deed of Trust, Mortgage · Stand-Alone First Mortgage
LARDIERI REAL ESTATE GROUP LLC
May 11, 2021Deed of Trust, Mortgage · Stand-Alone Second Mortgage
LARDIERI REAL ESTATE GROUP LLC
Aug 24, 2021Deed of Trust, Mortgage · Commercial Mortgage
FREEDOM BANK
May 11, 2021Deed, Transfer
LIBERTY ABSTRACT/NY INC, LIBERTY ABSTRACT INC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 11, 2021 · Amount on Record
Deed SaleMay 11, 2021 · Amount on Record
Prior SaleSep 19, 1995 · Amount on Record
Deed Document Number202145861
Deed Book / Page24126 / 1843
Prior Transfer DateApr 28, 1998
Prior Transfer Doc0000041563
Record UpdatedSep 20, 2026

May 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address15 CENTRAL AVE, MADISON, NJ 07940-1971
Transaction TypeMortgage
Record UpdatedAug 18, 2022
Title CompanyLIBERTY ABSTRACT INC

Transferred To (Grantee/Buyer)

NameVerified Name
Address16 STARK DR, MORRISTOWN, NJ 07960-6738

Mortgage

Document Number0241261861
DateMay 11, 2021
Book Page24126/1861
Instrument2021045864
Lender
NameLARDIERI REAL ESTATE GROUP LLC
TypeNon-Lending Institution
AddressMADISON, NJ 07940
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

May 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address15 CENTRAL AVE, MADISON, NJ 07940-1971
Transaction TypeMortgage
Record UpdatedAug 18, 2022
Title CompanyLIBERTY ABSTRACT INC

Transferred To (Grantee/Buyer)

NameVerified Name
Address16 STARK DR, MORRISTOWN, NJ 07960-6738

Mortgage

Document Number0241261872
DateMay 11, 2021
Book Page24126/1872
Instrument2021045865
Lender
NameLARDIERI REAL ESTATE GROUP LLC
TypeNon-Lending Institution
AddressMADISON, NJ 07940
Agreement
TypeStand-Alone Second Mortgage
AmountAmount Recorded

August 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address15 CENTRAL AVE, MADISON, NJ 07940-1971
Transaction TypeMortgage
Record UpdatedAug 18, 2022
Title CompanyLIBERTY ABSTRACT INC

Transferred To (Grantee/Buyer)

NameVerified Name
Address16 STARK DR, MORRISTOWN, NJ 07960-6738

Mortgage

Document Number0242001977
DateAug 24, 2021
Book Page24200/1977
Instrument2021070629
Lender
NameFREEDOM BANK
TypeBank
AddressMAYWOOD, NJ 07607
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

May 2021: Deed, Transfer

Document TypeDeed
JurisdictionMORRIS NJ
Recording DateMay 11, 2021
Property Address15 CENTRAL AVE, MADISON, NJ 07940-1971
Document Number0241261843
Book / Page24126 / 1843
Instrument DateApr 26, 2021
Instrument2021045861
Transaction TypeTransfer
Record UpdatedAug 18, 2022
Title CompanyLIBERTY ABSTRACT/NY INC, LIBERTY ABSTRACT INC

Transaction

AmountAmount Recorded
Tax$9,285.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address318 MAIN ST APT 6, 318, MADISON, NJ 07940-2355

Transferred To (Grantee/Buyer)

NameVerified Name
Address16 STARK DR, MORRISTOWN, NJ 07960-6738

Tax Assessment & Valuation

Source: Morris County and Madison Borough assessment roll, as of July 9, 2026

Property Jurisdictions

TypeName
StateNew Jersey
CountyMorris County
MunicipalityMadison Borough
Unified School DistrictMadison Borough School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$896,400 (-) Land $210,000 Building $686,400$896,400 (-) Land $210,000 Building $686,400
2025$896,400 (-) Land $210,000 Building $686,400$896,400 (-) Land $210,000 Building $686,400
2024$19,093.00 (+3.7%)
2023$896,400 Land $210,000 Building $686,400$896,400 Land $210,000 Building $686,400
2022$18,412.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Policies5 in force
Nearby Flood Claims5 (1981–1985)
Claims Outside the SFHA2 of 5
Most Recent ClaimJun 1985 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMADISON WATER DEPT
serves 15,820 people · EPA ID NJ1417001
Water SourceGroundwater
Last State InspectionAug 2024
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting7
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 370 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable
8,000 / 8,000
Verizon
Fiber · Fixed Wireless in parts of the area
980 / 880
AT&T
Fixed Wireless
100 / 20

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