Madison, NJ

Quick Facts

Homes for Sale

Market Stats

Living in Madison

Why People Love Madison

Madison Schools

FAQs

Quick Facts

Everything you need to know about one of Northern New Jersey's most sought-after communities.

  • County: Morris County, NJ

  • Zip Code: 07940

  • Population: ~16,000

  • Median Home Price: $1.2M+

  • Average Days on Market: ~16–20 days

  • Median Household Income: $150,000+

  • Train to NYC Penn Station: ~45 minutes via Midtown Direct

Homes For Sale in Madison

Market Stats

Let’s Discuss Your Home’s Value in Today’s Market

Whether you are ready to list or just beginning to explore a move, the first step is an accurate market evaluation.

Our team provides the local data and strategic planning needed to achieve a premium result for your property.

Founded in 1710 and nestled in the heart of Morris County, Madison, New Jersey is one of Northern New Jersey's most historically significant and culturally rich communities — known affectionately as "The Rose City," a nickname earned in the mid-1800s when millions of cut roses were shipped by train to New York throughout the year, making Madison the hub of America's rose growing industry. Explore Union County

With tree-lined streets, beautifully preserved homes dating back to the 18th century, and a downtown designated as a historic district, Madison carries a sense of character and permanence that is rare among suburban communities.

Home to Drew University and Fairleigh Dickinson University, Madison has a distinctly academic and artistic energy — reflected in its exceptional schools, thriving arts scene, and deeply engaged community.

The real estate market mirrors the town's appeal — with a median home price exceeding $1.2M and homes consistently selling within two to three weeks, Madison remains one of the most competitive markets in Morris County.

Living in Madison

Why People Love Living in Madison, NJ

  • Downtown & Dining

    Madison's Main Street is a genuine downtown destination — lined with boutique shops, local cafes, and family-owned restaurants that reflect the town's warm and welcoming character. The annual Bottle Hill Day festival, one of the area's most beloved community events, draws residents together each year and speaks to the civic pride that defines Madison.

  • Arts & Culture

    Madison has one of the richest cultural offerings of any Morris County community. The Shakespeare Theatre of New Jersey, located on the campus of Drew University, hosts world-class performances year round. The Museum of Early Trades and Crafts offers a fascinating window into the region's colonial history. Together they give Madison a creative and intellectual vitality that sets it apart.

  • Outdoor & Recreation

    The Madison Recreation Complex features sports fields, a community pool, and walking trails — a well-maintained hub for families and active residents. Dodge Field and Memorial Park provide additional green space for picnics, recreation, and outdoor gatherings throughout the seasons.

  • Community & Character

    Madison's blend of longtime residents and newcomers creates a community that feels rooted and alive. Its historic preservation ethos, strong civic organizations, and genuine neighborhood warmth make it one of the most appealing places to put down roots in all of Northern New Jersey.

Madison Schools

Madison is served by the Madison Public School District, offering PreK through 12th grade education across five schools.

Elementary Schools — Grades PreK–5

  • Central Avenue School · 50 Central Avenue · (973) 593-3173

  • Kings Road School · 215 Kings Road · (973) 593-3178

  • Torey J. Sabatini School · 359 Woodland Road · (973) 593-3182

Middle School — Grades 6–8

  • Madison Junior School · 160 Main Street · (973) 593-3149

High School — Grades 9–12

  • Madison High School · 170 Ridgedale Avenue · (973) 593-3117

For more information visit the Official Madison Public Schools Website

Frequently Asked Questions

Q: What is the average home price in Madison, NJ? The median home price in Madison, NJ is approximately $1.2M, with sustained appreciation year over year. Madison consistently ranks among the most competitive real estate markets in Morris County.

Q: How long does it take to sell a home in Madison, NJ? Homes in Madison, NJ typically sell within 16–20 days on market — reflecting strong buyer demand and limited inventory in this desirable community.

Q: Is Madison, NJ a good place to live? Madison, NJ is widely regarded as one of the most desirable communities in Morris County. With top-rated schools, a vibrant historic downtown, world-class cultural institutions, and excellent commuter access to Manhattan, it consistently attracts buyers seeking long-term value and quality of life.

Q: How far is Madison, NJ from New York City? Madison, NJ is approximately 28 miles west of Manhattan. Via NJ Transit's Midtown Direct service, commuters can reach New York Penn Station in approximately 45 minutes.

Q: Who is the best realtor in Madison, NJ? Kim Cannon & Co is a trusted real estate team and listing agent serving Madison and the greater Morris & Essex Line communities — with over 25 years of local experience and $700M+ in closed sales.

Photo Disclaimer:

Photography on this page has been sourced from municipal and town websites for informational purposes only. All rights remain with their respective owners. If you are the copyright holder of any image and wish to have it removed or credited, please contact us at kim@kimcannon.com, and we will address your request promptly.