5 Prospect Pl
Madison, NJ 07940
- Studio
- 3,602 sqft
Studio
3,602 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1900
Living Area
3,602 sqft
Price/Sqft
$326
About this House
This single-family home is located at 5 Prospect Pl, Madison, NJ. 5 Prospect Pl is in Madison, NJ and in ZIP code 07940. This property has approximately 3,602 sqft of floor space. This property has a lot size of 8698 sqft and was built in 1900.
5 Prospect Pl, Madison, NJ 07940 is a studio, 3,602 sqft single-family home built in 1900. It last sold for $223,000 on May 15, 1998. It is currently off market. The Trulia Estimate is $1,174,600, with a rent estimate of $6,410/month.
Home Details for 5 Prospect Pl
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Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
Parking & Garage Parking Spaces: 2 |
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Units in Building: 1 |
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Lot Area: 8698 sqft |
Price History for 5 Prospect Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 05/15/1998 | $223,000 | Sold | N/A |
Market trends in Madison
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
22
3MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $15,843 |
| Assessment | $743,800 |
Home facts updated by county records
Comparable Sales for 5 Prospect Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $675,000 | 01/13/26 | 2 | 1.5 | 1,014 | |
0.04 | Single-Family Home | $1,270,000 | 01/27/26 | 3 | 4 | - | |
0.20 | Single-Family Home | $1,085,000 | 07/31/25 | 3 | 4 | - | |
0.85 | Single-Family Home | $600,000 | 01/29/26 | 5 | 2.5 | 2,498 | |
0.57 | Single-Family Home | $604,000 | 08/11/25 | 2 | 2 | - | |
0.42 | Single-Family Home | $1,310,000 | 03/26/26 | 4 | 3 | - | |
0.46 | Single-Family Home | $1,375,000 | 02/09/26 | 3 | 3 | - | |
0.62 | Single-Family Home | $2,800,000 | 06/04/26 | - | 3,812 | ||
0.43 | Single-Family Home | $1,310,000 | 04/17/26 | 4 | 4 | - | |
1.04 | Single-Family Home | $875,000 | 05/19/26 | - | 2,184 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5 Prospect Pl.
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.
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