Off market feb 2025 for $825K

$1,013,506

Est. refi paymentEst. refi $4,677/mo

•

1,600

sq ft

40 Kensington Rd, Madison, NJ 07940

About this home

40 Kensington Rd is a 1,600 square foot house on a 7,405 square foot lot with 4 bedrooms and 2 bathrooms. - it last sold on February 07, 2025 for $825,000. Based on Redfin's Madison data, we estimate the home's value is $1,013,506.

Single-familyProperty Type

1952Year Built

7,405 sq ftLot Size

$633Est. Price/Sq.Ft.

4 spacesParking

Listed by SUSAN OLDENDORP • COMPASS NEW JERSEY, LLC

Bought with ROSALIE TENSETH • WEICHERT REALTORS

Source:GSMLS #3920978

Redfin Estimate

$1,013,506

$189K since sold in February 2025$16K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.9% lower than the average sale price ($1.08M) of 6 comparable homes.

SOLD JUL 15, 2026
14 Fen Ct, Madison, NJ 07940-2317
$1,160,000
A
4 beds2 baths— sq ft
14 Fen Ct, Madison, NJ 07940-2317
SOLD AUG 17, 2026
$1,550,618
B
3 beds2 baths— sq ft
22 Essex Rd, Chatham, NJ 07928-2056
SOLD SEP 1, 2026
$790,000
C
3 beds1.5 baths— sq ft
22 Woodland Rd, Chatham, NJ 07928-2073
SOLD AUG 11, 2026
20 Beechwood Rd, Florham Park, NJ 07932-2821
$825,000
D
3 beds2 baths— sq ft
20 Beechwood Rd, Florham Park, NJ 07932-2821
SOLD JUN 29, 2026
$965,000
E
4 beds2.5 baths— sq ft
210 Kings Rd, Madison, NJ 07940
SOLD SEP 15, 2026
31 Knollwood Ave, Madison, NJ 07940-1743
$1,175,000
F
3 beds1.5 baths— sq ft
31 Knollwood Ave, Madison, NJ 07940-1743

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$313,246

Est. take-home

List your home with Redfin and save $10,135

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,686/mo

Redfin rental estimate

List your home for rent

Market trends in 07940, NJ

Last updated September 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

OPEN SAT, 12PM TO 2PM
$998,000
4 beds2 baths— sq ft
2 Buckingham Dr, Madison, NJ 07940-1204
OPEN SAT, 2PM TO 4PM
$490,000
2 beds1.5 baths— sq ft
34 Loantaka Way Unit K, Madison, NJ 07940-1920
$1,150,000
2 beds2.5 baths— sq ft
15 Norman Cir, Madison, NJ 07940
$2,750,000
5 beds6 baths— sq ft
73 Treadwell Ave, Madison, NJ 07940-1020
$850,000
3 beds2 baths— sq ft
5 Surrey Ln, Madison, NJ 07940-1315
3D WALKTHROUGH
$1,050,000
4 beds1 bath— sq ft
45 Highland Ave, Madison, NJ 07940-2144
See all

Provided by Redfin

Redfin agents who toured

Lovely 4 bedroom cape located in Madison. Well maintained. 2 bedrooms on 1st level and 2 bedrooms on 2 bedrooms on 2nd level. 1 car garage. Cozy yard
2 years ago• May not reflect the current state of the home
Merrilyn Ayala
Redfin Associate agent

Sale history for 40 Kensington Rd

Year

Property tax

Land + Additions

Assessment*

2026

$10,474 (+6.5%)

$232,400 + $204,000

$436,400

2025

$9,836 (+5.8%)

$232,400 + $204,000

$436,400

2024

$9,295 (+3.4%)

$232,400 + $204,000

$436,400

2023

$8,985 (+0.2%)

$232,400 + $204,000

$436,400

2022

$8,964 (+1.4%)

$232,400 + $204,000

$436,400

2021

$8,841 (+1.0%)

$232,400 + $204,000

$436,400

2020

$8,750 (+1.6%)

$232,400 + $204,000

$436,400

2019

$8,610 (+2.6%)

$232,400 + $204,000

$436,400

2018

$8,392 (+0.8%)

$232,400 + $204,000

$436,400

2017

$8,327 (+1.8%)

$232,400 + $204,000

$436,400

2016

$8,182 (+5.5%)

$232,400 + $204,000

$436,400

2014

$7,759 (+1.4%)

$232,400 + $204,000

$436,400

2013

$7,654 (+26.0%)

$232,400 + $204,000

$436,400

2012

$6,075 (+2.6%)

$232,400 + $204,000

$436,400

2011

$5,922 (+2.7%)

$134,000 + $84,600

$218,600

2010

$5,769 (+4.2%)

$134,000 + $84,600

$218,600

2009

$5,537

$134,000 + $84,600

$218,600

Tax history for 40 Kensington Rd

Year

Property tax

Land + Additions

Assessment*

2026

$10,474 (+6.5%)

$232,400 + $204,000

$436,400

2025

$9,836 (+5.8%)

$232,400 + $204,000

$436,400

2024

$9,295 (+3.4%)

$232,400 + $204,000

$436,400

2023

$8,985 (+0.2%)

$232,400 + $204,000

$436,400

2022

$8,964 (+1.4%)

$232,400 + $204,000

$436,400

2021

$8,841 (+1.0%)

$232,400 + $204,000

$436,400

2020

$8,750 (+1.6%)

$232,400 + $204,000

$436,400

2019

$8,610 (+2.6%)

$232,400 + $204,000

$436,400

2018

$8,392 (+0.8%)

$232,400 + $204,000

$436,400

2017

$8,327 (+1.8%)

$232,400 + $204,000

$436,400

2016

$8,182 (+5.5%)

$232,400 + $204,000

$436,400

2014

$7,759 (+1.4%)

$232,400 + $204,000

$436,400

2013

$7,654 (+26.0%)

$232,400 + $204,000

$436,400

2012

$6,075 (+2.6%)

$232,400 + $204,000

$436,400

2011

$5,922 (+2.7%)

$134,000 + $84,600

$218,600

2010

$5,769 (+4.2%)

$134,000 + $84,600

$218,600

2009

$5,537

$134,000 + $84,600

$218,600

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

Zoning

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

Exterior

Exterior Information
Exterior Wall: Frame

Property Information
Subdivision Name: KENSINGTON GARDENS
Living Sq. Ft: 1,500
# of Stories: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,244
Legal Lot Number: 1
Legal Block Number: 3902
Municipality Name: MADISON BORO
Acres: 0.1663
Depth Footage: 105
Front Footage: 69
Zoning Code: R-3
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: MADISON BOROUGH

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,600
Stories: 2.0
Parking Spaces: 4
Basement: Yes
Accessible: No
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: 2014
County: Morris County
APN: 1703902 00001
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on May 30, 2026

Around this home

Schools

Kings Road School

Public K-5 • Assigned • 0.2mi

9/10

Madison Junior Middle School

Public 6-8 • Assigned • 0.7mi

7/10

Madison High School

Public 9-12 • Assigned • 1.6mi

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

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

$963,000 – $1.17M

Reach more buyers when you sell with Redfin. Save up to $10,135 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

NEW 18 HRS AGO

$2,388,000

5 beds5.5 baths— sq ft

10 Weston Ave, Chatham Township, NJ 07928

OPEN SUN, 1PM TO 2PM

$2,350,000

7 beds8 baths6,632 sq ft

304 Greenwood Ave, Florham Park, NJ 07932-2326

$1,200,000

5 beds3.5 baths— sq ft

9 Puddingstone Way, Florham Park, NJ 07932-2624

$925,000

5 beds3.5 baths3,372 sq ft

81 Summit Ave, Chatham, NJ 07928-2724

$699,000

Studio— baths— sq ft

8 Hedges Ave, Chatham, NJ 07928-2547

$2,150,000

5 beds5 baths— sq ft

20 Summit Ave, Chatham, NJ 07928-2733

New listings for sale in 07940-1204

OPEN SAT, 12PM TO 2PM

$998,000

4 beds2 baths— sq ft

2 Buckingham Dr, Madison, NJ 07940-1204

OPEN SAT, 2PM TO 4PM

$490,000

2 beds1.5 baths— sq ft

34 Loantaka Way Unit K, Madison, NJ 07940-1920

$1,150,000

2 beds2.5 baths— sq ft

15 Norman Cir, Madison, NJ 07940

$2,750,000

5 beds6 baths— sq ft

73 Treadwell Ave, Madison, NJ 07940-1020

$850,000

3 beds2 baths— sq ft

5 Surrey Ln, Madison, NJ 07940-1315

3D WALKTHROUGH

$1,050,000

4 beds1 bath— sq ft

45 Highland Ave, Madison, NJ 07940-2144

Home values near 40 Kensington Rd

Data from public records.

Address	Redfin Estimate
41 Kensington Rd, Madison, NJ - Beds \| - Baths \| 1591 Sq. Ft.	$822,956
36 Kensington Rd, Madison, NJ 4 Beds \| 2 Baths \| - Sq. Ft.	$1,073,119

Address	Redfin Estimate
37 Kensington Rd, Madison, NJ - Beds \| - Baths \| 1633 Sq. Ft.	$976,324
22 Kensington Rd, Madison, NJ 3 Beds \| 1.5 Baths \| - Sq. Ft.	$828,973

Address	Redfin Estimate
39 Kensington Rd, Madison, NJ - Beds \| - Baths \| 2024 Sq. Ft.	$918,649
26 Kensington Rd, Madison, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,093,782

This data may not show owner updates. Learn more.

More real estate resources

Minor Civil Divisions
Zip Codes
Cities
Popular Searches

Bloomfield Township homes for sale
Piscataway Township homes for sale
Livingston Township homes for sale
West Orange Township homes for sale
Wayne Township homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

07935 homes for sale
07940 homes for sale
07960 homes for sale
07928 homes for sale
07932 homes for sale

Houses for rent in Madison	Agents near me	Ridgewood, NJ homes for sale	Madison Housing Market
Houses for sale near me	Jersey City, NJ homes for sale	Summit, NJ homes for sale
Land for sale near me	Montclair, NJ homes for sale	Fort Lee, NJ homes for sale
Open Houses near me	Hoboken, NJ homes for sale	Madison Property Records
Condos for sale near me	Princeton, NJ homes for sale	NJ New Listings

Montclair homes for sale
Summit homes for sale
New York homes for sale