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Madison, NJ Real Estate & Property Data

Madison Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Madison, NJ 07940. ATTOM’s Madison real estate data is updated daily, and current market trends show that in Madison, NJ a total of 174 residential properties have sold over the past year. With a median home price of $1,592,500 in Madison. Get detailed property data for Madison, NJ instantly. ATTOM is your one-stop-shop for the Madison property reports and real estate data you need in Madison, NJ.

Madison Real Estate Market Trends

Get property data for any address in Madison, NJ or the country:

Total Residential Properties 4,251

Total Commercial Properties 206

Avg. Home Age (Single Family Home) 68 Years

Avg. Square Feet (Single Family Home) 2,454

Total 2025 Residential Sales (year-to-date) 63

% of Homes Seriously Underwater (Q3 2025) 0.56%

Total 2024 Residential Sales 156

% of Equity Rich Homes (Q3 2025) 49.65%

Effective 2024 Property Tax 1.09%

Total Foreclosure Filings (year-to-date) 1

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Madison, NJ 07940 Real Estate Overview

There were 174 residential properties sold in the past year in Madison, NJ 07940. The median home value in Madison, NJ 07940 is $1,142,000. There are a total of 4,251 residential properties in the 07940.

Median Sales Price i

$1,592,500

(Jun 2025)

+99.1%

year-over-year

y-o-y

June '25 Jun '25 $1,592,500
May '25 May '25 $1,312,580
April '25 Apr '25 $1,410,500
March '25 Mar '25 $881,000
February '25 Feb '25 $1,199,000
January '25 Jan '25 $1,926,123
December '24 Dec '24 $1,149,500
November '24 Nov '24 $1,400,000
October '24 Oct '24 $775,000
September '24 Sep '24 $783,850
August '24 Aug '24 $1,437,500
July '24 Jul '24 $1,200,000

Median Down Payment i

$375,000

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 $375,000
May '25 May '25 $262,516
April '25 Apr '25 $330,000
March '25 Mar '25 $176,200
February '25 Feb '25 $280,000
January '25 Jan '25 $575,000
December '24 Dec '24 $359,850
November '24 Nov '24 $291,400
October '24 Oct '24 $190,000
September '24 Sep '24 $142,400
August '24 Aug '24 $540,000
July '24 Jul '24 $350,000

Number of Homes Sold i

12

(Jun 2025)

-25%

year-over-year

y-o-y

June '25 Jun '25 12
May '25 May '25 10
April '25 Apr '25 11
March '25 Mar '25 10
February '25 Feb '25 7
January '25 Jan '25 13
December '24 Dec '24 19
November '24 Nov '24 15
October '24 Oct '24 14
September '24 Sep '24 16
August '24 Aug '24 11
July '24 Jul '24 20

Number of Purchase Loans i

11

(Jun 2025)

+22.2%

year-over-year

y-o-y

June '25 Jun '25 11
May '25 May '25 5
April '25 Apr '25 9
March '25 Mar '25 5
February '25 Feb '25 6
January '25 Jan '25 7
December '24 Dec '24 13
November '24 Nov '24 10
October '24 Oct '24 7
September '24 Sep '24 10
August '24 Aug '24 6
July '24 Jul '24 15

Number of REFI Loans i

7

(Jun 2025)

+40%

year-over-year

y-o-y

June '25 Jun '25 7
May '25 May '25 7
April '25 Apr '25 3
March '25 Mar '25 4
February '25 Feb '25 4
January '25 Jan '25 6
December '24 Dec '24 7
November '24 Nov '24 7
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 5
July '24 Jul '24 4

Number of HELOC Loans i

2

(Jun 2025)

-81.8%

year-over-year

y-o-y

June '25 Jun '25 2
May '25 May '25 9
April '25 Apr '25 6
March '25 Mar '25 8
February '25 Feb '25 12
January '25 Jan '25 3
December '24 Dec '24 7
November '24 Nov '24 9
October '24 Oct '24 8
September '24 Sep '24 10
August '24 Aug '24 11
July '24 Jul '24 4

Madison, NJ 07940 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
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4
5

Madison, NJ 07940 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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