40 Niles Ave, Madison, NJ 07940 Property Records

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

Property Summary

Property Type	Single Family Home
Details	1,648 sqft · built 1929
Lot Size	0.111 acres (4,826 sqft)
Owner	2 Individual Names on File
Last Sale	$630,000 (Jun 2021)
Tax Bill	$9,785 (2024)
Deeds & Mortgages	Jun 2021 Sale & Mortgage May 2020 Mortgage + 1 more
APN	`17-02301-0000-00023`

Property Details

APN / Parcel Number

Primary APN	`17-02301-0000-00023`
Alternative APNs	`170006100000000492` `170230100023`

Interior

Stories	2 Stories
Building Area	1,648 sqft Living Area

Exterior

Year Built	Built 1929
Effective Year Built	Effective 1929
Construction Type	Frame
Lot Area	4,826 sqft (0.111 acres)
Lot Dimensions	127 ft deep x 38 ft wide
Parking Spaces	2 Parking Spaces

Location & Zoning

Old Parcel Number	170006100000000492
Street Address	40 NILES AVE
City	MADISON
State	NJ
Zip	07940-2343
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-3
Legal Subdivision	BOROUGH/MADISON
Legal Block	2301
Legal Lot Number	23
Jurisdiction	MORRIS NJ
Township / Civil Division	MADISON
Census Block Group	4
Census Block	4001
Census Tract	43000

Owner

40 Niles Ave is owned and occupied by two individuals who bought it in June 2021.

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

Owner of Record	2 Individual Names on File
Mailing Address	40 NILES AVE, MADISON, NJ 07940-2343
Occupancy	Owner Occupied
Owner Type	Individual

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

Date	Document
Jun 25, 2021	Deed, Transfer · Conventional Mortgage FINANCE OF AMERICA MORTGAGE LLC
May 8, 2020	Deed of Trust, Mortgage · Conventional with PMI MR COOPER
Mar 2, 2017	Grant Deed, Transfer · Conventional with PMI SECKEL CAP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jun 25, 2021 · Amount on File
Deed Sale	Jun 25, 2021 · Amount on File
Prior Sale	Mar 2, 2017 · Amount on File
Deed Document Number	202157277
Deed Book / Page	24161 / 6
Record Updated	Sep 20, 2026

June 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	MORRIS NJ
Recording Date	Jun 25, 2021
Property Address	40 NILES AVE, MADISON, NJ 07940-2343
Document Number	0241610006
Book / Page	24161 / 6
Instrument Date	May 28, 2021
Instrument	2021057277
Transaction Type	Transfer
Record Updated	Jul 6, 2021
Title Company	FOUNDATION TITLE LLC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,503.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	820 SUGARMANS CT, 820, WEST CHESTER, PA 19382-2209

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40 NILES AVE, MADISON, NJ 07940-2343

Mortgage

Document Number	2021057278
Date	Jun 25, 2021
Instrument	2021057278

Lender

Name	FINANCE OF AMERICA MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jun 1, 2051

May 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MORRIS NJ
Property Address	40 NILES AVE, MADISON, NJ 07940-2343
Document Number	0237731365
Instrument Date	May 8, 2020
Transaction Type	Mortgage
Record Updated	Jul 22, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	40 NILES AVE MADISON NJ 079402343, MADISON, NJ 07940-2343

Mortgage

Document Number	0237731365
Date	May 15, 2020
Book Page	023773/001365
Instrument	29827

Lender

Name	MR COOPER
Address	DALLAS, TX 75019

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	May 14, 2050

March 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MORRIS NJ
Recording Date	Mar 2, 2017
Property Address	40 NILES AVE, MADISON, NJ 07940-2343
Document Number	0230881132
Book / Page	023088 / 001132
Instrument Date	Feb 28, 2017
Instrument	13433
Transaction Type	Transfer
Record Updated	Jan 3, 2018
Title Company	POET LAND TRANSFER

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$448.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	40 NILES AVE MADISON NJ 079402343, MADISON, NJ 07940-2343

Mortgage

Document Number	230881140
Date	Mar 2, 2017
Book Page	023088/001140
Instrument	13435

Lender

Name	SECKEL CAP
Type	Funding / Finance Company
Address	NEWTOWN, PA 18940

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Mar 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		$459,400 (-) Land $296,700 Building $162,700	$459,400 (-) Land $296,700 Building $162,700
2025		$459,400 Land $296,700 Building $162,700	$459,400 Land $296,700 Building $162,700
2024	$9,785.00
2023		$459,400 Land $296,700 Building $162,700	$459,400 Land $296,700 Building $162,700
2022	$9,436.00

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 Niles Ave; 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 40 Niles Ave 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 98% of the US · lower than 94% 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 349 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
Starlink Satellite	280 / 30

May also be available: T-Mobile, Xfinity.

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