Aerial view of 55 Madison St. Imagery: NJ Office of GIS (2020), public domain.
$246,200
Total assessed value
$7,110
Annual property tax (2025)
~$257,709
Est. market value
Estimated market value: ~$257,709. This home is assessed at
$246,200, and homes in Morristown are
assessed at about 96%
of market value on average (NJ Division of Taxation, 2025) —
so the estimated market value is roughly ~$257,709.
What's this home worth today?
Our estimate above (~$257,709) uses Morristown's
average assessment-to-market ratio. For a home-specific estimate that factors in
55 Madison St's condition, upgrades, and recent nearby
sales, get a free current market valuation.
55 MADISON ST is a Residential (4 Families or less) property with 1183 sq/ft of space.
Taxes are $7,110 annually.
This property was built in 1906 and is owned by CHAPPELL, DENISE who lives at 7 HAWTHORNE AVE.
This property was last sold on 2022-02-23 for $1.
This property is valued at $0 per sq/ft based on sales price.
This property is valued at $208 per sq/ft based on total assessment.
This property is zoned RT,
The building description is 1.5S F 1FAM G and land description is 31X144.
The property-related information for
55 MADISON ST, MORRISTOWN, NJ
displayed on this page is obtained from public records from MORRISTOWN, NJ and
other sources. While such information is thought to be reliable, it is not guaranteed and should be
independently verified. njtaxrecords.net makes no warranties or representations whatsoever
regarding the quality, content, completeness, accuracy or adequacy of such information and data.
We last updated our database for 55 MADISON ST, MORRISTOWN, NJ from public sources on 2022-11-25 06:22:04 UTC.