40 Main St, Madison, NJ 07940 Property Records

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

Property Summary

Property TypeStore with Apartments
Details9,358 sqft · built 1920
Lot Size0.132 acres (5,741 sqft)
OwnerCompany Name on File
Last Sale$1,650,000 (Dec 2013)
Tax Bill$30,269 (2024)
Deeds & MortgagesMay 2022 Construction Loan
Jun 2017 Mortgage
APN17-01502-0000-00018

Property Details

APN / Parcel Number

Primary APN17-01502-0000-00018
Alternative APNs
  • 1700050000000020
  • 170150200018

Interior

Units6 Units
Stories2 Stories
Building Area9,358 sqft Total Area

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1920
Exterior MaterialBrick
Construction TypeBrick
Lot Area5,741 sqft (0.132 acres)
Lot Dimensions164 ft deep x 35 ft wide

Location & Zoning

Old Parcel Number1700050000000020
Street Address40 MAIN ST
CityMADISON
StateNJ
Zip07940-1884
Property CategoryCommercial
Property TypeCommercial > Retail > Store with Apartments
Local Zoning CodeCBD1
Legal Block1502
Legal Lot Number18
JurisdictionMORRIS NJ
Township / Civil DivisionMADISON
Census Block Group2
Census Block2010
Census Tract42900

Owner

Source: Morris County and Madison Borough records · APN 17-01502-0000-00018

Assessment roll updated July 9, 2026 · Last verified July 2026

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

Owner of RecordCompany Name on File
Mailing AddressPO BOX 433, SUMMIT, NJ 07902-0433
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
May 04, 2022Deed of Trust, Mortgage · Construction Mortgage
PROVIDENT BANK
Jun 12, 2017Deed of Trust, Mortgage
PROVIDENT BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 04, 2013 · Amount on Record
Deed SaleDec 04, 2013 · Amount on Record
Deed Document Number201393107
Deed Book / Page22464 / 530
Record UpdatedSep 20, 2026

May 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address40 MAIN ST, MADISON, NJ 07940-1884
Transaction TypeMortgage
Record UpdatedMay 16, 2022
Title CompanyCOMMONWEALTH LAND TITLE COMPANY/DAL, COMMONWEALTH LAND TTL CO LLC

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 433, SUMMIT, NJ 07902-0433

Mortgage

Document Number0244000308
DateMay 04, 2022
Book Page24400/308
Instrument2022031037
Lender
NamePROVIDENT BANK
TypeBank
AddressWOODBRIDGE, NJ 07095
Agreement
TypeConstruction Mortgage
AmountAmount Recorded

June 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address40 MAIN ST, MADISON, NJ 07940-1884
Document Number0231431363
Instrument DateJun 12, 2017
Transaction TypeMortgage
Record UpdatedAug 29, 2018

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipPartnership
AddressPO BOX 433 SUMMIT NJ 079020433, SUMMIT, NJ 07902-0433

Mortgage

Document Number0231431363
DateJun 16, 2017
Book Page023143/001363
Instrument34583
Lender
NamePROVIDENT BK
TypeBank
Address100 WOOD AVE S, ISELIN, NJ 08830-2727
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Morris County and Madison Borough records · Assessment roll updated July 9, 2026 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2026$1,421,100 (-) Land $506,300 Building $914,800$1,421,100 (-) Land $506,300 Building $914,800
2025$1,421,100 (-) Land $506,300 Building $914,800$1,421,100 (-) Land $506,300 Building $914,800
2024$30,269.00 (+3.7%)
2023$1,421,100 Land $506,300 Building $914,800$1,421,100 Land $506,300 Building $914,800
2022$29,189.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · FEMA OpenFEMA NFIP redacted claims and policies, census block group 340270429002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneNot on file
Nearby Flood Policies3 in force

Wildfire

Wildfire RiskNot rated
no burnable land within ember reach

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.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · sampled at 370 locations within half a mile · Last verified October 2026

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

Drinking Water

Source: EPA Safe Drinking Water Information System via ECHO, 2026 Q3 · EPA community water system boundaries v3.0, March 2026 · Last verified October 2026

Water SystemMADISON WATER DEPT
serves 15,820 people
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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

Nearby Properties on Main St

Nearby Streets

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