Google street view image for 16 LORRAINE Rd, Madison, NJ 07940-1324

Off market nov 2010 for $565K

$1,210,314

Est. refi paymentEst. refi $3,029/mo

•

2.5 ba

•

—

sq ft

16 LORRAINE Rd, Madison, NJ 07940-1324

About this home

Single-familyProperty Type

0.28 acresLot Size

Listed by CARMELA VITALE

Contact: 973-410-1200

Bought with ROBERT J. PIKE

Redfin checked: a few seconds ago

•Source:GSMLS #2812275

Redfin Estimate

$1,210,314

$645K since sold in November 2010$27K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.9% higher than the average sale price ($1.13M) of 6 comparable homes.

SOLD OCT 1, 2026
$970,000
A
4 beds2.5 baths— sq ft
231 Greenwood Ave, Madison, NJ 07940-1323
SOLD SEP 3, 2026
7 Village Rd, Florham Park, NJ 07932-2411
$1,224,000
B
5 beds3 baths— sq ft
7 Village Rd, Florham Park, NJ 07932-2411
SOLD AUG 10, 2026
10 Overhill Dr, Madison, NJ 07940-1312
$899,999
C
3 beds2.5 baths— sq ft
10 Overhill Dr, Madison, NJ 07940-1312
SOLD JUL 31, 2026
$1,250,000
D
3 beds2.5 baths— sq ft
20 W End Ave, Madison, NJ 07940-1318
SOLD BY REDFIN JUL 10, 2026
$1,115,000
E
4 beds2.5 baths— sq ft
4 Gregmar Ct, Florham Park, NJ 07932-2305
SOLD MAR 24, 2026
$1,335,000
F
4 beds2.5 baths— sq ft
9 Westerly Ave, Madison, NJ 07940-1605

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Earn from this home

Sell

$862,757

Est. take-home

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Refinance

Est. cash available

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Rent

$3,407/mo

Redfin rental estimate

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Market trends in 07940, NJ

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

108.8%

1.2% MoM

Median sale price

$1.2M

$6K MoM

Avg. days on market

16d

0 days MoM

Recently sold homes

5 MoM

New listings for sale

$710,000
3 beds1.5 baths— sq ft
146 Ridgedale Ave, Madison, NJ 07940-1226
$1,150,000
2 beds2.5 baths— sq ft
15 Norman Cir, Madison, NJ 07940-2808
$899,000
4 beds2 baths2,412 sq ft
9 North St, Madison, NJ 07940
$650,000
4 beds2 baths— sq ft
49 Shadylawn Dr, Madison, NJ 07940-1011
See all

Provided by Redfin

Sale history for 16 LORRAINE Rd

Year

Property tax

Land + Additions

Assessment*

2026

$15,041 (+6.5%)

$312,800 + $313,900

$626,700

2025

$14,126 (+5.8%)

$312,800 + $313,900

$626,700

2024

$13,349 (+9.4%)

$312,800 + $313,900

$626,700

2023

$12,206 (+0.2%)

$312,800 + $313,900

$626,700

2022

$12,176 (+1.4%)

$312,800 + $280,000

$592,800

2021

$12,010 (+1.0%)

$312,800 + $280,000

$592,800

2020

$11,886 (+1.6%)

$312,800 + $280,000

$592,800

2019

$11,696 (+2.6%)

$312,800 + $280,000

$592,800

2018

$11,400 (+0.8%)

$312,800 + $280,000

$592,800

2017

$11,311 (+1.8%)

$312,800 + $280,000

$592,800

2016

$11,115 (+5.5%)

$312,800 + $280,000

$592,800

2014

$10,539 (+2.0%)

$312,800 + $280,000

$592,800

2013

$10,331 (−1.4%)

$312,800 + $280,000

$592,800

2012

$10,477 (+2.9%)

$312,800 + $276,200

$589,000

2011

$10,178 (+2.7%)

$215,800 + $161,200

$377,000

2010

$9,915 (+4.2%)

$215,800 + $159,900

$375,700

2009

$9,516

$215,800 + $159,900

$375,700

Tax history for 16 LORRAINE Rd

Year

Property tax

Land + Additions

Assessment*

2026

$15,041 (+6.5%)

$312,800 + $313,900

$626,700

2025

$14,126 (+5.8%)

$312,800 + $313,900

$626,700

2024

$13,349 (+9.4%)

$312,800 + $313,900

$626,700

2023

$12,206 (+0.2%)

$312,800 + $313,900

$626,700

2022

$12,176 (+1.4%)

$312,800 + $280,000

$592,800

2021

$12,010 (+1.0%)

$312,800 + $280,000

$592,800

2020

$11,886 (+1.6%)

$312,800 + $280,000

$592,800

2019

$11,696 (+2.6%)

$312,800 + $280,000

$592,800

2018

$11,400 (+0.8%)

$312,800 + $280,000

$592,800

2017

$11,311 (+1.8%)

$312,800 + $280,000

$592,800

2016

$11,115 (+5.5%)

$312,800 + $280,000

$592,800

2014

$10,539 (+2.0%)

$312,800 + $280,000

$592,800

2013

$10,331 (−1.4%)

$312,800 + $280,000

$592,800

2012

$10,477 (+2.9%)

$312,800 + $276,200

$589,000

2011

$10,178 (+2.7%)

$215,800 + $161,200

$377,000

2010

$9,915 (+4.2%)

$215,800 + $159,900

$375,700

2009

$9,516

$215,800 + $159,900

$375,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

—

Sq. Ft.

2,188

Year built

1960

Style

Single Family Residential

County

Morris County

APN

1700707 00051

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 8, 2026.

R-3

Single-Family Residence Zone

The purpose of these zones is to preserve the integrity of existing residential areas by preventing the intrusion of nonresidential uses into residential neighborhoods and by maintaining existing development intensity and population density consistent with residential neighborhood patterns.

Permitted uses

Include but are not limited to:

Housing-Single unit
Park & open space

Property details

Around this home

Schools

K - 12
Preschool & daycare

Central Avenue Elementary School

Public PreK-5 • Assigned • 0.8mi

9/10

Madison Junior Middle School

Public 6-8 • Assigned • 0.9mi

7/10

Madison High School

Public 9-12 • Assigned • 0.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Madison, NJ • 07940-1324

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.15M – $1.39M

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Nearby similar homes

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New listings for sale in 07940-1226

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Premier location • Central a/c • Newer boiler

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Home values near 16 LORRAINE Rd

Data from public records.

Address	Redfin Estimate
11 Lorraine Rd, Madison, NJ - Beds \| - Baths \| 1965 Sq. Ft.	$1,033,531
20 Lorraine Rd, Madison, NJ 4 Beds \| 3 Baths \| - Sq. Ft.	$1,224,925
8 Lorraine Rd, Madison, NJ 6 Beds \| 6 Baths \| - Sq. Ft.	$2,186,236
15 Lorraine Rd, Madison, NJ - Beds \| - Baths \| 1302 Sq. Ft.	$803,795
20 Hunter Dr, Madison, NJ - Beds \| - Baths \| 2620 Sq. Ft.	$1,117,266
16 Hunter Dr, Madison, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,366,259
9 Hunter Dr, Madison, NJ - Beds \| - Baths \| 2173 Sq. Ft.	$976,562

Address	Redfin Estimate
12 Lorraine Rd, Madison, NJ - Beds \| - Baths \| 1320 Sq. Ft.	$897,182
2 Lorraine Rd, Madison, NJ - Beds \| - Baths \| 2494 Sq. Ft.	$1,145,792
21 Lorraine Rd, Madison, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,196,225
9 Lorraine Rd, Madison, NJ 3 Beds \| 2 Baths \| - Sq. Ft.	$1,010,045
24 Hunter Dr, Madison, NJ 4 Beds \| 3 Baths \| - Sq. Ft.	$1,149,170
15 Hunter Dr, Madison, NJ - Beds \| - Baths \| 2217 Sq. Ft.	$999,097
11 Hunter Dr, Madison, NJ - Beds \| - Baths \| 2614 Sq. Ft.	$1,064,393

Address	Redfin Estimate
22 Lorraine Rd, Madison, NJ - Beds \| - Baths \| 1777 Sq. Ft.	$964,282
10 Lorraine Rd, Madison, NJ 4 Beds \| 2.5 Baths \| 3153 Sq. Ft.	$1,348,515
19 Lorraine Rd, Madison, NJ 4 Beds \| 3 Baths \| - Sq. Ft.	$1,146,768
15 Manker Dr, Florham Park, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,425,074
12 Hunter Dr, Madison, NJ - Beds \| - Baths \| 2217 Sq. Ft.	$1,029,033
19 Hunter Dr, Madison, NJ - Beds \| - Baths \| 2217 Sq. Ft.	$1,089,204

Property information provided by GSMLS .

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16 LORRAINE Rd, Madison, NJ 07940-1324

About this home

Redfin Estimate

Earn from this home

Market trends in 07940, NJ

Sale history for 16 LORRAINE Rd

Tax history for 16 LORRAINE Rd

Public record

Property details

Exterior

Public facts

Other

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 07940-1226

Home values near 16 LORRAINE Rd

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