242 Main St, Madison, NJ 07940 Property Records

Morris County and Madison Borough property record for 242 Main St, Madison, NJ 07940

Property Summary

Property TypeCommercial
Details1,785 sqft · built 1940
Lot Size0.147 acres (6,382 sqft)
OwnerCompany Name on Record
Tax Bill$10,158 (2024)
Deeds & MortgagesApr 2026 Sale
Jan 2017 Transfer
APN17-02206-0000-00003

Property Details

APN / Parcel Number

Primary APN17-02206-0000-00003
Alternative APNs
  • 170006100000001525
  • 170220600003

Interior

Stories2 Stories
Building Area1,785 sqft Total Area

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1940
Construction TypeFrame
Lot Area6,382 sqft (0.147 acres)
Lot Dimensions116 ft deep x 55 ft wide

Location & Zoning

Old Parcel Number170006100000001525
Street Address242 MAIN ST
CityMADISON
StateNJ
Zip07940-2210
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeGBA
Legal Block2206
Legal Lot Number3
JurisdictionMORRIS NJ
Township / Civil DivisionMADISON
Census Block Group4
Census Block4007
Census Tract43000

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address14 PROSPECT ST, MADISON, NJ 07940-2164
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 6, 2026Deed, Transfer
NONE LISTED ON DOCUMENT
Jan 31, 2017Quit Claim Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateMay 22, 2007
Transfer Doc0208331719
Record UpdatedSep 20, 2026

April 2026: Deed, Transfer

Document TypeDeed
JurisdictionMORRIS NJ
Recording DateApr 6, 2026
Property Address242 MAIN ST, MADISON, NJ 07940-2210
Document Number0000014468
Book / Page25085 / 1596
Instrument DateMar 24, 2026
Instrument202614468
Transaction TypeTransfer
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address14 PROSPECT ST, MADISON, NJ 07940-2164

January 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMORRIS NJ
Recording DateJan 31, 2017
Property Address242 MAIN ST, MADISON, NJ 07940-2210
Document Number0230721024
Book / Page023072 / 001024
Instrument DateDec 31, 2016
Instrument6951
Transaction TypeTransfer
Record UpdatedNov 6, 2017
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address282 WOODLAND RD MADISON NJ 079402724, MADISON, NJ 07940-2724

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$476,900 (-) Land $294,000 Building $182,900$476,900 (-) Land $294,000 Building $182,900
2025$476,900 (-) Land $294,000 Building $182,900$476,900 (-) Land $294,000 Building $182,900
2024$10,158.00 (+3.71%)
2023$476,900 Land $294,000 Building $182,900$476,900 Land $294,000 Building $182,900
2022$9,795.00

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

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 RiskLow
lower than 97% of the US · lower than 92% of New Jersey
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 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 316 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
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on Main St

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