40 Elm St, Madison, NJ 07940 Property Records

Morris County and Madison Borough property record for 40 Elm St, Madison, NJ 07940

Property Summary

Property Type	Single Family Home
Details	1,040 sqft · built 1958
Lot Size	0.376 acres (16,379 sqft)
Owner	Company Name on File
Last Sale	$410,000 (Apr 2017)
Tax Bill	$9,061 (2024)
Deeds & Mortgages	Apr 2017 Sale & Mortgage
APN	`17-01301-0000-00007`

Property Details

APN / Parcel Number

Primary APN	`17-01301-0000-00007`
Alternative APNs	`1700029000000025` `170130100007`

Interior

Stories	1 Story
Building Area	1,040 sqft Living Area
1st Floor Area	1,040 sqft

Exterior

Year Built	Built 1958
Effective Year Built	Effective 1958
Construction Type	Frame
Lot Area	16,379 sqft (0.376 acres)

Location & Zoning

Old Parcel Number	1700029000000025
Street Address	40 ELM ST
City	MADISON
State	NJ
Zip	07940-1442
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-5
Legal Block	1301
Legal Lot Number	7
Jurisdiction	MORRIS NJ
Township / Civil Division	MADISON
Census Block Group	2
Census Block	2000
Census Tract	43200

Owner

40 Elm St is owned by a company that bought it in April 2017.

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

Owner of Record	Company Name on File
Mailing Address	25 BELMONT AVE, MADISON, NJ 07940-2606
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	Apr 19, 2017 · Amount on File
Deed Sale	Apr 19, 2017 · Amount on File
Deed Document Number	201722912
Deed Book / Page	23111 / 2
Record Updated	Oct 29, 2026

April 2017: Deed, Transfer

Document Type	Deed
Jurisdiction	MORRIS NJ
Recording Date	Apr 19, 2017
Property Address	40 ELM ST, MADISON, NJ 07940-1442
Document Number	0231110002
Book / Page	23111 / 0002
Instrument Date	Mar 22, 2017
Instrument	2017022912
Transaction Type	Transfer
Record Updated	Nov 4, 2021
Title Company	FIDELITY NATL TITLE INS CO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,311.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	40 ELM ST, 40, MADISON, NJ 07940-1442

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	25 BELMONT AVE, MADISON, NJ 07940-2606

Mortgage

Document Number	2017022913
Date	Apr 19, 2017
Instrument	2017022913

Lender

Name	AMERICAN FEDERAL MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Apr 1, 2047

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		$425,400 (-) Land $288,800 Building $136,600	$425,400 (-) Land $288,800 Building $136,600
2025		$425,400 Land $288,800 Building $136,600	$425,400 Land $288,800 Building $136,600
2024	$9,061.00
2023		$425,400 Land $288,800 Building $136,600	$425,400 Land $288,800 Building $136,600
2022	$8,737.00

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 Elm St; 1 flood insurance policy is 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	1 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 40 Elm 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 96% of the US · lower than 89% 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 181 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