98 Main St, Madison, NJ 07940 Property Records

Morris County and Madison Borough property record for 98 Main St, Madison, NJ 07940

Property Summary

Property TypeBank, Financial Building
Details5,928 sqft · built 2007
Lot Size0.606 acres (26,415 sqft)
OwnerCompany Name on File
Last Sale$250,000 (Dec 2017)
Tax Bill$33,575 (2024)
Deeds & MortgagesMay 2022 Mortgage
Dec 2017 Sale
APN17-01802-0000-00011

Property Details

APN / Parcel Number

Primary APN17-01802-0000-00011
Alternative APNs
  • 1700053000000007
  • 170180200011

Interior

Stories2 Stories
Building Area5,928 sqft Total Area

Exterior

Year BuiltBuilt 2007
Effective Year BuiltEffective 2007
Exterior MaterialConcrete Block
Construction TypeConcrete Block
Lot Area26,415 sqft (0.606 acres)

Location & Zoning

Old Parcel Number1700053000000007
Street Address98 MAIN ST
CityMADISON
StateNJ
Zip07940-1813
Property CategoryCommercial
Property TypeCommercial > Office > Bank, Financial Building
Local Zoning CodeCBD1
Legal Block1802
Legal Lot Number11
JurisdictionMORRIS NJ
Township / Civil DivisionMADISON
Census Block Group3
Census Block3003
Census Tract43000

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 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.

Owner

Source: Morris County and Madison Borough assessment roll, as of July 9, 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 Address195 MORRISTOWN RD, BASKING RIDGE, NJ 07920-1650
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
May 24, 2022Deed of Trust, Mortgage · Commercial Mortgage
INVESTORS BANK
Dec 20, 2017Grant Deed, Transfer
FIRST AMERICAN TITLE

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 20, 2017 · Amount on Record
Deed SaleDec 20, 2017 · Amount on Record
Prior SaleApr 25, 2005 · Amount on Record
Deed Document Number201776929
Record UpdatedSep 20, 2026

May 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address98 MAIN ST, MADISON, NJ 07940-1813
Transaction TypeMortgage
Record UpdatedSep 21, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address195 MORRISTOWN RD, BASKING RIDGE, NJ 07920-1650

Mortgage

Document Number0244151168
DateMay 24, 2022
Book Page24415/1168
Instrument2022036349
Lender
NameINVESTORS BANK
TypeBank
AddressSHORT HILLS, NJ 07078
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMORRIS NJ
Recording DateDec 20, 2017
Property Address98 MAIN ST, MADISON, NJ 07940-1813
Document Number0232651014
Book / Page023265 / 001014
Instrument DateDec 13, 2017
Instrument76929
Transaction TypeTransfer
Record UpdatedJan 23, 2018
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
Tax$2,500.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address788 MORRIS TPKE SHORT HILLS NJ 070782637, SHORT HILLS, NJ 07078-2637

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$1,576,300 (-) Land $1,147,500 Building $428,800$1,576,300 (-) Land $1,147,500 Building $428,800
2025$1,576,300 (-) Land $1,147,500 Building $428,800$1,576,300 (-) Land $1,147,500 Building $428,800
2024$33,575.00 (+3.7%)
2023$1,576,300 (-) Land $1,147,500 Building $428,800$1,576,300 (-) Land $1,147,500 Building $428,800
2022$32,377.00 (+1.38%)$1,576,300 Land $1,147,500 Building $428,800$1,576,300 Land $1,147,500 Building $428,800
2021$31,935.00

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

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Policies5 in force
Nearby Flood Claims5 (1981–1985)
Claims Outside the SFHA2 of 5
Most Recent ClaimJun 1985 · river or lake flooding

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

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

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 370 locations within half a mile, as of December 31, 2025

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

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