Madison, 07940 Real Estate Overview


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $1,015,094
  • for week ending Dec 17
  • -$514
  • -0.1%
  • w-o-w

Median Sales Price

  • $577,500
  • Sep '14 - Dec '14
  • $12,500
  • -2.1%
  • y-o-y

Average Listing Price $1,015,094 -0.1% w-o-w
Median Sales Price $577,500 -2.1% y-o-y
Average Price/sqft $362 +1.7% y-o-y
Number of Sales 37 +0.0 % y-o-y

Summary for Madison, 07940


The median sales price for homes in ZIP code 07940 in Madison from Sep 14 to Dec 14 was $577,500 based on 37 sales. Compared to the same period one year ago, the median sales price decreased 2.1%, or $12,500, and the number of sales increased 0%. Average price per square foot for homes in 07940 was $362, a decrease of 1.1% compared to the same period last year. There are currently 46 resale and new homes in ZIP code 07940 on Trulia, including 32 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07940 was $1,015,094 for the week ending Dec 17, which represents a decrease of 0.1%, or $514, compared to the prior week.


District Type Grades Schools Students
Madison Public Schools Public K - 12 5 2,382
School Name School Type Grades Parent Rating
Central Avenue Elementary School Public PK - 5
St. Vincent Martyr School Private PK - 8
Torey J. Sabatini Elementary School Public K - 5
View all Madison Schools
  • $ Enter a value greater than 0.
    % Enter a value between 0-100%.
    % Enter a value between 0-30%.
  • $ Enter a value greater than 0.
    % Enter a value between 0-100%.
    $ Enter a value greater than 0.
    Enter a value between 1-30.
Homes for Sale in 07940
View all 07940 Homes for Sale