5 Independence Ct, Madison, NJ 07940 Property Records

Morris County and Madison Borough property record for 5 Independence Ct, Madison, NJ 07940

Property Summary

Property Type	Single Family Home
Details	4,563 sqft · built 1995
Lot Size	0.376 acres (16,379 sqft)
Owner	2 Individual Names on File
Last Sale	$1,460,000 (Dec 2020)
Tax Bill	$24,067 (2024)
Deeds & Mortgages	Mar 2021 Line of Credit Dec 2020 Sale
APN	`17-04805-0000-00010`

Property Details

APN / Parcel Number

Primary APN	`17-04805-0000-00010`
Alternative APN	`170480500010`

Interior

Stories	2 Stories
Building Area	4,563 sqft Living Area

Exterior

Year Built	Built 1995
Effective Year Built	Effective 1995
Architectural Style	Colonial
Construction Type	Frame
Lot Area	16,379 sqft (0.376 acres)
Garage Type	Attached

Location & Zoning

Street Address	5 INDEPENDENCE CT
City	MADISON
State	NJ
Zip	07940-2366
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-2
Legal Subdivision	HILL/MADISON SEC 2
Legal Block	4805
Legal Lot Number	10
Jurisdiction	MORRIS NJ
Township / Civil Division	MADISON
Census Block Group	3
Census Block	3010
Census Tract	43100

Owner

5 Independence Ct is owned and occupied by two individuals who bought it in December 2020.

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Individual Names on File
Mailing Address	5 INDEPENDENCE CT, MADISON, NJ 07940-2366
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 5, 2021	Deed of Trust, Mortgage · Line of Credit PENTAGON FCU
Dec 1, 2020	Grant Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 1, 2020 · Amount on File
Deed Sale	Dec 1, 2020 · Amount on File
Deed Document Number	202088817
Deed Book / Page	23949 / 1449
Record Updated	Sep 20, 2026

March 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MORRIS NJ
Property Address	5 INDEPENDENCE CT, MADISON, NJ 07940-2366
Transaction Type	Mortgage
Record Updated	Apr 7, 2021
Title Company	SERVICELINK

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0240510261
Date	Mar 5, 2021
Book Page	24051/261
Instrument	2021021566

Lender

Name	PENTAGON FCU
Type	Credit Union
Address	MC LEAN, VA 22102

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Feb 28, 2051

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MORRIS NJ
Recording Date	Dec 1, 2020
Property Address	5 INDEPENDENCE CT, MADISON, NJ 07940-2366
Document Number	0239491449
Book / Page	023949 / 001449
Instrument Date	Nov 19, 2020
Instrument	88817
Transaction Type	Transfer
Record Updated	Dec 8, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$1.00
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	5 INDEPENDENCE CT MADISON NJ 079402366, MADISON, NJ 07940-2366

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		$1,129,900 (-) Land $563,900 Building $566,000	$1,129,900 (-) Land $563,900 Building $566,000
2025		$1,129,900 Land $563,900 Building $566,000	$1,129,900 Land $563,900 Building $566,000
2024	$24,067.00
2023		$1,129,900 Land $563,900 Building $566,000	$1,129,900 Land $563,900 Building $566,000
2022	$30,195.00

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 5 Independence Ct; there have been 1 flood claim nearby since 2024.

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	3 in force
Nearby Flood Claims	1 (2024)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Aug 2024 · rainfall accumulation

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 5 Independence Ct 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 94% of the US · lower than 85% of New Jersey
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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 248 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
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Xfinity.

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