40 Wayne Blvd, Madison, NJ 07940
OFF MARKET

40 Wayne Blvd
Madison, NJ 07940

  • 5 Beds
  • 3 Baths
  • 2,562 sqft

$1,049,000

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $7,020/mo*
Refinance Your Home

$1,049,000

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $7,020/mo*
Refinance Your Home
5 Beds
3 Baths
2,562 sqft

Home Value

Trulia Estimate
$1.05M
Since last month
Decreased$27K (-2.5%)
Since last year
Increased$30K (+2.9%)
Since last sale
Increased$533K (+104.6%)
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 +61% in the last 10 years
MonthEstimated value
2026
August 2026$1.04M
July 2026$1.07M
June 2026$1.1M
May 2026$1.07M
April 2026$1.05M
March 2026$1.03M
February 2026$1.01M
January 2026$1.01M
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
47 Ridgedale Ave, Madison, NJ
0.13
Single-Family Home
$530,000
03/03/26
3
3
1,564
6 Ross Ct, Madison, NJ
0.68
Single-Family Home
$600,000
01/29/26
5
2.5
2,498
61 Wayne Blvd, Madison, NJ
0.09
Single-Family Home
$1,031,000
07/08/26
3
3
-
58 Park Ave, Madison, NJ
0.14
Single-Family Home
$955,000
05/12/26
5
3
-
8 Anthony Dr, Madison, NJ
0.12
Single-Family Home
$1,100,000
12/19/25
4
3
-
6 Myrtle Ave, Madison, NJ
0.16
Single-Family Home
$1,650,000
05/29/26
5
3
-
78 North St, Madison, NJ
0.34
Single-Family Home
$715,000
03/12/26
3
3
-
14 Buckingham Dr, Madison, NJ
0.33
Single-Family Home
$1,105,000
04/07/26
4
2
-
125 Park Ave, Morristown, NJ
0.40
Single-Family Home
$865,000
06/15/26
4
3
-
4 Fairwood Rd, Madison, NJ
0.64
Single-Family Home
$875,000
02/12/26
4
3
-

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
39 Wayne Blvd, Madison, NJ 07940
0.02
$998,200
3
2
-
Off Market
49 Wayne Blvd, Madison, NJ 07940
0.04
$1,519,900
3
3
-
Off Market
19 Wayne Blvd, Madison, NJ 07940
0.07
$917,000
4
2
-
Off Market
14 Sayre Ct, Madison, NJ 07940
0.08
$788,700
3
2
-
Off Market
61 Wayne Blvd, Madison, NJ 07940
0.09
$1,031,000
3
3
-
Recently Sold
25 Ridgedale Ave Unit 14 #14, Madison, NJ 07940
0.15
$885,600
2
2
-
Off Market
25 Anthony Dr, Madison, NJ 07940
0.08
$1,241,600
4
3
-
Off Market
25 Ridgedale Ave unit 20 #20, Madison, NJ 07940
0.15
$1,338,700
3
3
-
Off Market
49 Park Ave, Madison, NJ 07940
0.14
$2,499,000
7
5
4,298
For Sale
8 Anthony Dr, Madison, NJ 07940
0.12
$1,100,000
4
3
-
Recently Sold
58 Park Ave, Madison, NJ 07940
0.14
$955,000
5
3
-
Recently Sold
6 Myrtle Ave, Madison, NJ 07940
0.17
$1,650,000
5
3
-
Recently Sold

Local Information

  • Map ViewExplore the area around 40 Wayne Blvd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1952
Living Area
2,562 sqft
Price/Sqft
$409
Parking
Garage

About this House

The crisp, clean look of the maintenance free exterior carries through to the soft, soothing interior color scheme. Front and rear dormers have enhanced and expanded the second floor living space, and the finished lower level with a 10 x 25 ft. rec. room provides an added bonus. Both living room and dining room feature bow windows and hardwood floors, and the modern kitchen boasts granite counters and attractive wood cabinetry. A full bath on each floor, plus a second floor loft, central air, thermopane windows and a modern HVAC system are just part of the reason that moving to this well maintained and updated home is a smart move. The fully fenced-in yard abuts a wonderful 2 acre town park. This little known gem is like your own private oasis, as it is virtually surrounded by neighborhood homes. With interest rates hovering near all time lows, and a location that is a short walk to picturesque Madison and the train station, is it any wonder we are excited for you to see this home?
40 Wayne Blvd, Madison, NJ 07940 is a 5 bedroom, 3 bathroom, 2,562 sqft single-family home built in 1952. It last sold for $510,000 on May 21, 2012. It is currently off market. The Trulia Estimate is $1,049,000, with a rent estimate of $7,126/month.

Home Details for 40 Wayne Blvd

Interior Features

Interior Details
BasementNumber of Rooms: 14Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Office, Recreation RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Stone, VinylGardenLawnPorch
Parking & Garage
GarageParking Spaces: 5Parking: Garage Attached

Property Information

Year Built
Year Built: 1952Year Updated: 2014
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Community

Units in Building: 1

Lot Information

Lot Area: 7840 sqft

Price and Tax history

DateEventPrice
May 21, 2012
Source: GSMLS #2921412
Sold
$510,000
Mar 1, 2012
Source: Agent Provided
Listed For Sale
$509,000
Jul 23, 2011
Source: Agent Provided
ListingRemoved
$519,000
Jun 22, 2011
Source: Agent Provided
PriceChange
$519,000
Price decreased by 5%
Apr 23, 2011
Source: Agent Provided
PriceChange
$549,000
Price decreased by 4%

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 40 Wayne Blvd

  • What is 40 Wayne Blvd estimated to be worth?
    Trulia's estimated value for 40 Wayne Blvd in Madison, NJ is $1,049,000.
  • What is the price history for 40 Wayne Blvd?
    40 Wayne Blvd in Madison, NJ last sold for $510,000 in May 2012.
  • 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.
  • Does 40 Wayne Blvd have air conditioning?
    Yes, 40 Wayne Blvd in Madison, NJ has air conditioning.
  • Does 40 Wayne Blvd have laundry facilities?
    Yes, 40 Wayne Blvd in Madison, NJ has in-unit laundry.

Explore by feature - Pet Friendly

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