223 Main St, Madison, NJ 07940 Property Records

Morris County and Madison Borough property record for 223 Main St, Madison, NJ 07940

Property Summary

Property Type	Commercial
Details	1,520 sqft · built 1920
Lot Size	0.172 acres (7,501 sqft)
Owner	Company Name on File
Last Sale	$625,000 (Feb 2015)
Tax Bill	$13,025 (2024)
Deeds & Mortgages	Mar 2018 Mortgage
APN	`17-02401-0000-00002`

Property Details

APN / Parcel Number

Primary APN	`17-02401-0000-00002`
Alternative APNs	`1700067000000001A` `170240100002`

Interior

Units	2 Units
Building Area	1,520 sqft Total Area

Exterior

Year Built	Built 1920
Effective Year Built	Effective 1920
Exterior Material	Concrete Block
Lot Area	7,501 sqft (0.172 acres)
Lot Dimensions	150 ft deep x 50 ft wide

Location & Zoning

Old Parcel Number	1700067000000001A
Street Address	223 MAIN ST
City	MADISON
State	NJ
Zip	07940-2239
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	GBA
Legal Block	2401
Legal Lot Number	2
Jurisdiction	MORRIS NJ
Township / Civil Division	MADISON
Census Block Group	4
Census Block	4008
Census Tract	43000

Owner

223 Main St, a commercial property, is owned by a company that bought it in February 2015.

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

Owner of Record	Company Name on File
Mailing Address	68 N FINLEY AVE, BASKING RIDGE, NJ 07920-1152
Owner Type	Company

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 25, 2015 · Amount on File
Deed Sale	Feb 25, 2015 · Amount on File
Prior Sale	Jan 5, 2001 · Amount on File
Deed Document Number	201510291
Deed Book / Page	22667 / 1980
Prior Transfer Date	Dec 27, 2000
Prior Transfer Doc	0000001460
Record Updated	Oct 29, 2026

March 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MORRIS NJ
Property Address	223 MAIN ST, MADISON, NJ 07940-2239
Document Number	0233160938
Instrument Date	Mar 9, 2018
Transaction Type	Mortgage
Record Updated	Apr 4, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	68 N FINLEY AVE BASKING RIDGE NJ 079201152, BASKING RIDGE, NJ 07920-1152

Mortgage

Document Number	0233160938
Date	Mar 26, 2018
Book Page	023316/000938
Instrument	16409

Lender

Name	MAGYAR SVGS BK
Type	Bank
Address	NEW BRUNSWICK, NJ 08903

Agreement

Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	New Jersey
County	Morris County
Municipality	Madison Borough
Unified School District	Madison Borough School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$611,500 (-) Land $300,000 Building $311,500	$611,500 (-) Land $300,000 Building $311,500
2025		$611,500 Land $300,000 Building $311,500	$611,500 Land $300,000 Building $311,500
2024	$13,025.00
2023		$611,500 Land $300,000 Building $311,500	$611,500 Land $300,000 Building $311,500
2022	$12,560.00

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

Flood

FEMA has no flood map on file for 223 Main St; 5 flood insurance policies are in force nearby.

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

FEMA Flood Zone	Not on file
Nearby Flood Policies	5 in force

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

Wildfire risk around 223 Main St is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 97% of the US · lower than 92% of New Jersey
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 System	MADISON WATER DEPT serves 15,820 people · EPA ID NJ1417001
Water Source	Groundwater
Last State Inspection	Aug 2024
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	7 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 316 locations within half a mile, as of December 31, 2025

Provider	Max 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
T-Mobile Fixed Wireless	100 / 20