31 Walnut St, Madison, NJ 07940
OFF MARKET

$881,900

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,876 sqft

31 Walnut St, Madison, NJ 07940

Est. Refi. Payment $5,965/mo*
Refinance Your Home

Home Value

Trulia Estimate
$882K
Since last month
Increased$7K (+0.8%)
Since last year
Increased$54K (+6.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +80% in the last 10 years
MonthEstimated value
2026
August 2026$882K
August 2026$875K
July 2026$875K
June 2026$897K
May 2026$877K
April 2026$848K
March 2026$861K
February 2026$821K
January 2026$834K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
57 Greenwood Ave, Madison, NJ
0.31
Multi-Family Home
$1,150,000
05/12/26
-
-
3 Loveland St, Madison, NJ
0.34
Multi-Family Home
$1,170,000
12/08/25
-
-
104 Brandywyne Dr, Florham Park, NJ
1.18
Multi-Family Home
$630,000
01/30/26
2
3
1,225
13 South St, Madison, NJ
0.41
Multi-Family Home
$950,000
10/10/25
-
-
23 West St, Madison, NJ
0.58
Multi-Family Home
$799,000
01/13/26
-
-
6 Howell St, Madison, NJ
0.25
Multi-Family Home
$1,070,000
01/09/26
-
-
21 Belmont Ave #2, Madison, NJ
0.72
Multi-Family Home
$2,450,000
03/30/26
-
-
14 Locust St, Madison, NJ
0.28
Multi-Family Home
$1,250,000
08/31/26
-
-
21 Belmont Ave, Madison, NJ
0.74
Multi-Family Home
$2,450,000
03/30/26
6
6
-
22 Franklin Pl, Morristown, NJ
3.68
Multi-Family Home
$825,000
06/16/26
4
2
2,224

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
10 Cedar St, Madison, NJ 07940
0.06
$931,000
1
2
-
Off Market
11 Walnut Street, Madison, NJ 07940
0.10
$1,112,100
-
-
-
Off Market
14 Sayre Ct, Madison, NJ 07940
0.11
$774,500
3
2
-
Off Market
81 Ridgedale Ave, Madison, NJ 07940
0.11
$1,699,700
4
4
-
Off Market
49 Wayne Blvd, Madison, NJ 07940
0.13
$1,492,800
3
3
-
Off Market
25 Ridgedale Ave Unit 14 #14, Madison, NJ 07940
0.15
$867,400
2
2
-
Off Market
25 Ridgedale Ave unit 20 #20, Madison, NJ 07940
0.16
$1,337,100
3
3
-
Off Market
6 Myrtle Ave, Madison, NJ 07940
0.12
$1,650,000
5
3
-
Recently Sold
61 Wayne Blvd, Madison, NJ 07940
0.13
$1,031,000
3
3
-
Recently Sold
39 Wayne Blvd, Madison, NJ 07940
0.15
$1,009,900
3
2
-
Off Market
61-63 CENTRAL AVE #2, Madison, NJ 07940
0.18
$905,800
Studio
-
-
Off Market
19 Wayne Blvd, Madison, NJ 07940
0.20
$919,000
4
2
-
Off Market

Local Information

  • Map ViewExplore the area around 31 Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1950
1,876 sqft
$470/sqft
Garage

About this House

This multi-family home is located at 31 Walnut St, Madison, NJ. 31 Walnut St is in Madison, NJ and in ZIP code 07940. This property has 3 bedrooms, 1 bathroom and approximately 1,876 sqft of floor space. This property has a lot size of 7579 sqft and was built in 1950.
31 Walnut St, Madison, NJ 07940 is a 3 bedroom, 1 bathroom, 1,876 sqft multi-family built in 1950. More recently, it was listed as a rental in November 2018 with an asking price of $2,400 per month. That rental listing was removed on November 7, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $881,900, with a rent estimate of $3,740/month.

Home Details for 31 Walnut St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDryerRefrigeratorWasher

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Community

Units in Building: 2

Lot Information

Lot Area: 7579 sqft

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Nov 7, 2018
Source: Agent Provided
ListingRemoved
$2,400
Nov 3, 2018
Source: Agent Provided
Listed For Rent
$2,400

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
22

Around this home

What Locals Say about Madison

At least 147 Trulia users voted on each feature.

  • 90 % Say people would walk alone at night

  • 88 % Say it's dog friendly

  • 84 % Say there are sidewalks

  • 83 % Say parking is easy

  • 82 % Say there's holiday spirit

  • 80 % Say it's walkable to restaurants

  • 80 % Say streets are well-lit

  • 78 % Say it's walkable to grocery stores

  • 77 % Say kids play outside

  • 76 % Say car is needed

  • 73 % Say yards are well-kept

  • 69 % Say it's quiet

  • 65 % Say they plan to stay for at least 5 years

  • 59 % Say neighbors are friendly

  • 56 % Say there's wildlife

  • 55 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Heathermdelvalle
    "Fun downtown. Great schools. Cool people."
    0
    Flag
  • Lee Vanderpool
    "Multiple train options w frequent, direct trains into NYC (50 mins). Boxcar is also available but can take a little longer, depending on traffic (although more convenient). Drive to Secaucus is also an option."
    1
    Flag
  • Trulia User
    "Grew up here my entire life. My neighbors became like family to me and I am lucky to know them. There’s a strong sense of community in the everyday life, people talk to their neighbors beyond the generic “how are ya”."
    0
    Flag
  • Poxner
    "Great dog park and easy to meet new people with dogs and your neighbors while walking your dog around town. "
    2
    Flag
  • Lellis444
    "I’ve lived I this neighborhood for 36 years, it’s quiet and well maintained. It’s within walking distance to elementary, middle and high schools and the historic downtown and the train station. "
    3
    Flag
  • Terry D.
    "Best town in NJ! Beautiful, safe, good schools and great town management. The city of Madison runs like a well oiled machine. They take care of everything! We love living here!"
    3
    Flag
  • Cassandra L.
    "Great neighbors! People know each other and look out for each other. fantastic location, walking distance to train, downtown, schools and parks."
    0
    Flag
  • Westend200
    "It’s a beautiful neighborhood with great facilities. The shopping provide for a wide variety of convenience stores. It is fantastic for raising children. It’s location provides easy access to many key locations. "
    1
    Flag
  • Frances D.
    "People are polite in general and patriotic. There are a lot of finance people who commute to NYC. The town has history; dates back to 1700’s. Decent bars and restaurants. Three colleges nearby. Quaintish downtown area. "
    1
    Flag
  • gail e.
    "Lived here 38 yrs. great place to raise kids. Great schools. Walkable town. Many community events. "
    0
    Flag
  • Aspelker
    "Great schools with easy access to the city by train. "
    1
    Flag
  • Homesforsalenj
    "Love the town and this side of town has best of everything! Bussing to schools Access to Shopping without the traffic lights Quick access to NYC & rte 78 "
    0
    Flag
  • bvielehr
    "Madison is a wonderful town in all ways"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 31 Walnut St

  • What is 31 Walnut St estimated to be worth?
    Trulia's estimated value for 31 Walnut St in Madison, NJ is $881,900.
  • Is Madison a buyer's or seller's market?
    Madison is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Madison?
    Residents describe Madison, NJ as dog-friendly, pedestrian-friendly, and easy to park in. See recently sold homes in Madison, NJ.
  • What are the closest schools to 31 Walnut St?
    The closest schools to 31 Walnut St in Madison, NJ are Central Avenue Elementary School (Pre-K, rated 9/10), Madison High School (rated 8/10), Madison Junior Middle School (rated 7/10).
  • Does 31 Walnut St have laundry facilities?
    Yes, 31 Walnut St in Madison, NJ has in-unit laundry.

Explore by feature - Pet Friendly

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Off Market Homes Near 31 Walnut St

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