40 Alexander Ave, Madison, NJ 07940 Property Records

Morris County and Madison Borough property record for 40 Alexander Ave, Madison, NJ 07940

Property Summary

Property TypeSingle Family Home
Details3,412 sqft · built 1914
Lot Size0.21 acres (9,148 sqft)
Owner2 Individual Names on File
Last Sale$844,500 (Jun 2008)
Tax Bill$16,256 (2024)
Deeds & MortgagesOct 2021 Mortgage
Jun 2017 Mortgage
APN17-01902-0000-00006

Property Details

APN / Parcel Number

Primary APN17-01902-0000-00006
Alternative APNs
  • 1700058000000006
  • 170190200006

Interior

Stories2 Stories
Building Area3,412 sqft Living Area

Exterior

Year BuiltBuilt 1914
Effective Year BuiltEffective 1914
Exterior MaterialStucco
Lot Area9,148 sqft (0.21 acres)

Location & Zoning

Old Parcel Number1700058000000006
Street Address40 ALEXANDER AVE
CityMADISON
StateNJ
Zip07940-2136
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-3
Legal Block1902
Legal Lot Number6
JurisdictionMORRIS NJ
Township / Civil DivisionMADISON
Census Block Group2
Census Block2009
Census Tract43000

Owner

40 Alexander Ave is owned and occupied by two individuals who bought it in June 2008.

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

Owner of Record2 Individual Names on File
Mailing Address40 ALEXANDER AVE, MADISON, NJ 07940-2136
OccupancyOwner Occupied
Owner TypeIndividual

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

DateDocument
Oct 1, 2021Deed of Trust, Mortgage · Conventional Mortgage
BETTER MORTGAGE CORPORATION
Jun 15, 2017Deed of Trust, Mortgage · Conventional Mortgage
MOUNTAIN MTG

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 20, 2008 · Amount on File
Deed SaleJun 20, 2008 · Amount on File
Prior SaleApr 26, 1996 · Amount on File
Deed Document Number200846750
Deed Book / Page21106 / 1615
Record UpdatedOct 29, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address40 ALEXANDER AVE, MADISON, NJ 07940-2136
Transaction TypeMortgage
Record UpdatedOct 25, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0242281539
DateOct 1, 2021
Book Page24228/1539
Instrument2021079924
Lender
NameBETTER MORTGAGE CORPORATION
TypeMortgage Company
AddressNEW YORK, NY 10007
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term359 Months
DueSep 1, 2051

June 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address40 ALEXANDER AVE, MADISON, NJ 07940-2136
Document Number0231480111
Book / Page023148 / 000111
Instrument DateJun 15, 2017
Transaction TypeMortgage
Record UpdatedJan 18, 2018
Title CompanyCHICAGO TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address40 ALEXANDER AVE MADISON NJ 079402136, MADISON, NJ 07940-2136

Mortgage

Document Number0231480111
DateJun 23, 2017
Book Page023148/000111
Instrument36225
Lender
NameMOUNTAIN MTG
TypeMortgage Company
Address1435 MORRIS AVE, UNION, NJ 07083-3336
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueJun 22, 2047

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$763,200 (-) Land $306,500 Building $456,700$763,200 (-) Land $306,500 Building $456,700
2025$763,200 Land $306,500 Building $456,700$763,200 Land $306,500 Building $456,700
2024$16,256.00
2023$763,200 Land $306,500 Building $456,700$763,200 Land $306,500 Building $456,700
2022$15,676.00

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 40 Alexander Ave; 2 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 ZoneNot on file
Nearby Flood Policies2 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

The area around 40 Alexander Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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 516 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
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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