Sold for $68,001

$68,001

54 Madison St, Morristown, NJ 07960

5beds

2,808sqft

MultiFamily

Built in 1900

-- sqft lot

$842,500 Zestimate^®

$24/sqft

$3,982 Estimated rent

Home value

$842,500

$733,000 - $952,000

$3,982/mo

Zestimate^® history

Owner options

List your home for rent

$3,982/mo

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$3,982/mo

Rent Zestimate^®

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$389/mo

Est. payment

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$389/mo

Est. payment

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What's special

Newly renovated mult-family with 2 apartments.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Appliances

Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Tile, Laminate
Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,808 sqft

Property

Parking

Parking features: On-street

Features

Exterior features: Shingle, Vinyl, Brick

Lot

Size: 5,662 sqft

Details

Parcel number: 2407202000000023

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Metal

Condition

Year built: 1900

Community & neighborhood

Location

Region: Morristown

Other

Other facts

MLS Listing ID: 3430547
MLS Name: Garden State Multiple Listing Service

Price history

Date	Event	Price
10/8/2025	Listing removed	$3,500$1/sqft
Source: GSMLS #3989198 Report a problem
9/26/2025	Listed for rent	$3,500+6.1%$1/sqft
Source: GSMLS #3989198 Report a problem
10/31/2023	Sold	$68,001-78.1%$24/sqft
Source: Public Record Report a problem
1/11/2018	Listing removed	$3,300$1/sqft
Source: Zillow Rental Network Report a problem
11/12/2017	Listed for rent	$3,300$1/sqft
Source: Zillow Rental Network #3430547 Report a problem
5/11/2016	Sold	$310,000-11.2%$110/sqft
Source: GSMLS #3246395 Report a problem
1/15/2016	Listing removed	$349,000$124/sqft
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3246395 Report a problem
12/22/2015	Listed for sale	$349,000$124/sqft
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3246395 Report a problem
10/20/2015	Listing removed	$349,000$124/sqft
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3246395 Report a problem
8/15/2015	Price change	$349,000-1.7%$124/sqft
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3246395 Report a problem
8/13/2014	Listed for sale	$354,900+61.3%$126/sqft
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3164019 Report a problem
10/24/2005	Sold	$220,000$78/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,770	$556,800
2024	$8,770 +9.7%	$556,800 +102.5%
2023	$7,992 +0.6%	$275,000
2022	$7,942 +0.6%	$275,000
2021	$7,898 -0.3%	$275,000
2020	$7,926 +1.3%	$275,000
2019	$7,824 +3.1%	$275,000
2018	$7,590 +2.6%	$275,000
2017	$7,395 +2.4%	$275,000
2016	$7,219 +1.1%	$275,000
2015	$7,139 +0.4%	$275,000
2014	$7,109 -1.9%	$275,000
2012	$7,246 +1.9%	$275,000
2011	$7,109 +2.3%	$275,000
2010	$6,952 +7.7%	$275,000
2009	$6,457	$275,000
2008	--	$275,000
2007	--	$275,000
2006	--	$275,000 -14.9%
2005	--	$323,000
2004	--	$323,000 +140.3%
2003	--	$134,400
2002	--	$134,400
2001	--	$134,400