Google street view image for 9 Elm St, Madison, NJ 07940

Off market sep 1998 for $145K

$548,097

Est. refi paymentEst. refi $943/mo

—

•

— ba

•

1,120

sq ft

9 Elm St, Madison, NJ 07940

About this home

9 Elm St is a 1,120 square foot house on a 2,052 square foot lot. - it last sold on September 10, 1998 for $145,500. Based on Redfin's Madison data, we estimate the home's value is $548,097.

Single-familyProperty Type

1900Year Built

2,052 sq ftLot Size

$489Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$548,097

$403K since sold in September 1998$8,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.6% lower than the average sale price ($923K) of 6 comparable homes.

SOLD SEP 15, 2026
31 Knollwood Ave, Madison, NJ 07940-1743
$1,175,000
A
3 beds1.5 baths— sq ft
31 Knollwood Ave, Madison, NJ 07940-1743
SOLD OCT 19, 2026
$520,000
B
2 beds1.5 baths— sq ft
34 Loantaka Way Unit H, Madison, NJ 07940-1920
SOLD AUG 25, 2026
37 Knollwood Ave, Madison, NJ 07940-1743
$952,500
C
3 beds3 baths— sq ft
37 Knollwood Ave, Madison, NJ 07940-1743
SOLD JUL 8, 2026
61 Wayne Blvd, Madison, NJ 07940-1218
$1,031,000
D
3 beds2.5 baths— sq ft
61 Wayne Blvd, Madison, NJ 07940-1218
SOLD SEP 21, 2026
$935,000
E
3 beds2 baths— sq ft
52 Hamilton St, Madison, NJ 07940-1735
SOLD SEP 15, 2026
$925,000
F
3 beds3 baths— sq ft
43 Alexander Ave, Madison, NJ 07940-2135

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Earn from this home

Sell

$502,551

Est. take-home

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Refinance

Est. cash available

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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
$889,000
4 beds2 baths— sq ft
32 Longview Ave, Madison, NJ 07940-1747
$839,000
3 beds1.5 baths— sq ft
5 Rosemont Ave, Madison, NJ 07940-1427
$650,000
4 beds2 baths— sq ft
49 Shadylawn Dr, Madison, NJ 07940-1011
See all

Provided by Redfin

Sale history for 9 Elm St

Year

Property tax

Land + Additions

Assessment*

2026

$6,617 (+6.5%)

$151,300 + $124,400

$275,700

2025

$6,214 (+5.8%)

$151,300 + $124,400

$275,700

2024

$5,872 (+3.4%)

$151,300 + $124,400

$275,700

2023

$5,677 (+0.2%)

$151,300 + $124,400

$275,700

2022

$5,663 (+1.4%)

$151,300 + $124,400

$275,700

2021

$5,586 (+1.0%)

$151,300 + $124,400

$275,700

2020

$5,528 (+1.6%)

$151,300 + $124,400

$275,700

2019

$5,440 (+2.6%)

$151,300 + $124,400

$275,700

2018

$5,302 (+0.8%)

$151,300 + $124,400

$275,700

2017

$5,260 (+1.8%)

$151,300 + $124,400

$275,700

2016

$5,169 (+5.5%)

$151,300 + $124,400

$275,700

2014

$4,901 (+1.3%)

$151,300 + $124,400

$275,700

2013

$4,836 (+15.7%)

$151,300 + $124,400

$275,700

2012

$4,180 (+2.6%)

$151,300 + $124,400

$275,700

2011

$4,074 (+2.7%)

$98,500 + $51,900

$150,400

2010

$3,969 (+4.2%)

$98,500 + $51,900

$150,400

2009

$3,810

$98,500 + $51,900

$150,400

Tax history for 9 Elm St

Year

Property tax

Land + Additions

Assessment*

2026

$6,617 (+6.5%)

$151,300 + $124,400

$275,700

2025

$6,214 (+5.8%)

$151,300 + $124,400

$275,700

2024

$5,872 (+3.4%)

$151,300 + $124,400

$275,700

2023

$5,677 (+0.2%)

$151,300 + $124,400

$275,700

2022

$5,663 (+1.4%)

$151,300 + $124,400

$275,700

2021

$5,586 (+1.0%)

$151,300 + $124,400

$275,700

2020

$5,528 (+1.6%)

$151,300 + $124,400

$275,700

2019

$5,440 (+2.6%)

$151,300 + $124,400

$275,700

2018

$5,302 (+0.8%)

$151,300 + $124,400

$275,700

2017

$5,260 (+1.8%)

$151,300 + $124,400

$275,700

2016

$5,169 (+5.5%)

$151,300 + $124,400

$275,700

2014

$4,901 (+1.3%)

$151,300 + $124,400

$275,700

2013

$4,836 (+15.7%)

$151,300 + $124,400

$275,700

2012

$4,180 (+2.6%)

$151,300 + $124,400

$275,700

2011

$4,074 (+2.7%)

$98,500 + $51,900

$150,400

2010

$3,969 (+4.2%)

$98,500 + $51,900

$150,400

2009

$3,810

$98,500 + $51,900

$150,400

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

Zoning

R-5

Multiple-Family Residential Zone

The purpose of this zone is to permit multifamily residential use at appropriate densities in locations accessible to major roadways, commercial services, and public facilities.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Park & open space

Property details

Exterior

Exterior Information
Exterior Wall: Frame

Property Information
Living Sq. Ft: 1,120
# of Stories: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 2,052
Legal Lot Number: 22
Legal Block Number: 1203
Municipality Name: MADISON BORO
Acres: 0.0471
Zoning Code: R-4
State Use Description: RESIDENTIAL

Financial

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

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,120
Stories: 2.0
Lot Size: 2,052 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Morris County
APN: 1701203 00022

Home facts updated by county records on Oct 8, 2026

Around this home

Schools

K - 12
Preschool & daycare

Central Avenue Elementary School

Public PreK-5 • Assigned • 0.4mi

9/10

Madison Junior Middle School

Public 6-8 • Assigned • 0.8mi

7/10

Madison High School

Public 9-12 • Assigned • 0.7mi

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

$521,000 – $631,000

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Nearby similar homes

$1,590,000

5 beds3 baths— sq ft

20 Hillside Ave, Florham Park, NJ 07932-2404

New roof • Updated kitchen • 0.4 acre lot

$899,000

4 beds2 baths2,412 sq ft

9 North St, Madison, NJ 07940

Updated kitchen • Back deck • Detached garage

$1,585,000

5 beds3.5 baths— sq ft

67 Madison Ave, Madison, NJ 07940-1411

Wraparound porch • 11-foot ceilings • Seven fireplaces

$1,429,000

5 beds3.5 baths3,500 sq ft

44 Brooklake Rd, Madison, NJ 07940-2331

New construction • Open-concept layout • Large rec room

$949,999

3 beds2.5 baths2,224 sq ft

35 Maple Ave, Madison, NJ 07940-2617

5,227 sq ft lot • 2 parking spots • Built 1880

$1,097,000

4 beds2.5 baths— sq ft

48 Sherbrooke Dr, Florham Park, NJ 07932-2816

Generous lot • Mature landscaping • Premier location

New listings for sale in 07940-1226

$710,000

3 beds1.5 baths— sq ft

146 Ridgedale Ave, Madison, NJ 07940-1226

Premier location • Central a/c • Newer boiler

$1,150,000

2 beds2.5 baths— sq ft

15 Norman Cir, Madison, NJ 07940-2808

Oversized cape cod • Flexible floor plan • Hardwood floors

$899,000

4 beds2 baths2,412 sq ft

9 North St, Madison, NJ 07940

Updated kitchen • Back deck • Detached garage

$889,000

4 beds2 baths— sq ft

32 Longview Ave, Madison, NJ 07940-1747

Lemonade front porch • Walk-in closet • Walk-up attic

$839,000

3 beds1.5 baths— sq ft

5 Rosemont Ave, Madison, NJ 07940-1427

6,098 sq ft lot • Garage • Built 1948

$650,000

4 beds2 baths— sq ft

49 Shadylawn Dr, Madison, NJ 07940-1011

0.26 acre lot • 2 garage spots • Built 1941

Home values near 9 Elm St

Data from public records.

Address	Redfin Estimate
11 Elm St, Madison, NJ - Beds \| - Baths \| 2491 Sq. Ft.	$786,266
23 Elm St, Madison, NJ 4 Beds \| 2.5 Baths \| 2064 Sq. Ft.	$880,863
6 Elm St, Madison, NJ - Beds \| - Baths \| 8800 Sq. Ft.	$4,413,100
76 Park Ave, Madison, NJ 3 Beds \| 1.5 Baths \| - Sq. Ft.	$733,716

Address	Redfin Estimate
19 Elm St, Madison, NJ - Beds \| - Baths \| 2595 Sq. Ft.	$791,330
14 Elm St, Madison, NJ - Beds \| - Baths \| 805 Sq. Ft.	$796,819
75 Park Ave, Madison, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,234,873
78 Park Ave, Madison, NJ - Beds \| - Baths \| 1698 Sq. Ft.	$551,151

Address	Redfin Estimate
21 Elm St, Madison, NJ 4 Beds \| 3 Baths \| 2175 Sq. Ft.	—
10 Elm St, Madison, NJ - Beds \| - Baths \| 10032 Sq. Ft.	$1,995,510
71 Park Ave, Madison, NJ - Beds \| - Baths \| 1456 Sq. Ft.	$785,525
66 Park Ave, Madison, NJ - Beds \| - Baths \| 928 Sq. Ft.	$803,877

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 07940, NJ

Sale history for 9 Elm St

Tax history for 9 Elm St

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 07940-1226

Home values near 9 Elm St

More real estate resources