56 Knollwood Ave, Madison, NJ 07940 is a single family home that contains 2,062 sq ft and was built in 1948. This home last sold for $1,450,000 in June 2026.
The Zestimate for this house is $1,465,700. The Rent Zestimate for this home is $5,344/mo.
Sold for $1,450,000
Street View
$1,450,000
56 Knollwood Ave, Madison, NJ 07940
--beds
--baths
2,062sqft
SingleFamily
Built in 1948
9,374 Square Feet Lot
$1,465,700 Zestimate®
$703/sqft
$5,344 Estimated rent
Home value
$1,465,700
$1.36M - $1.58M
$5,344/mo
Zestimate® history
Owner options
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$5,344/mo
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$5,344/mo
Rent Zestimate®
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$9,937/mo
Est. payment
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$9,937/mo
Est. payment
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Facts & features
Interior
Interior area
- Total interior livable area: 2,062 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 9,374 Square Feet
Details
- Parcel number: 1700906000000017
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
Condition
- Year built: 1948
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $703/sqft
- Tax assessed value: $611,200
- Annual tax amount: $13,019
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Sold | $1,450,000$703/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,019 | $611,200 |
| 2024 | $13,019 +5.5% | $611,200 |
| 2023 | $12,335 +0.2% | $611,200 |
| 2022 | $12,304 +1.4% | $611,200 |
| 2021 | $12,133 +2.7% | $611,200 |
| 2020 | $11,809 +2.7% | $611,200 |
| 2019 | $11,503 +0.8% | $611,200 |
| 2018 | $11,412 +1.8% | $611,200 |
| 2017 | $11,210 +1.9% | $611,200 |
| 2016 | $10,996 +3.6% | $611,200 |
| 2015 | $10,617 +1.4% | $611,200 |
| 2014 | $10,470 +7.1% | $611,200 |
| 2013 | $9,774 +0% | $611,200 +69.4% |
| 2012 | $9,771 +2.7% | $360,700 |
| 2011 | $9,519 +4.2% | $360,700 |
| 2010 | $9,137 +8.9% | $360,700 +6.5% |
| 2009 | $8,393 | $338,700 |
| 2008 | -- | $338,700 |
| 2007 | -- | $338,700 |
| 2006 | -- | $338,700 |
| 2005 | -- | $338,700 |
| 2004 | -- | $338,700 |
| 2003 | -- | $338,700 |
| 2002 | -- | $338,700 |
| 2001 | -- | $338,700 |
Find assessor info on the county website
Neighborhood: 07940
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Central Avenue Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10Madison Junior Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Madison High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$1,465,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,465,700
- New Jersey
- Morris County
- Madison
- 07940
- 56 Knollwood Ave