Madison, NJ Real Estate Statistics
| Average Price | $918K |
|---|---|
| Lowest Price | $457K |
| Highest Price | $1.6M |
| Total Listings | 15 |
| Avg. Days On Market | 93 |
| Avg. Price/SQFT | $422 |
Property Types (active listings)
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Explore Madison, NJ Real Estate
Madison, NJ is a charming town located in Morris County, just 23 miles west of NYC. It is part of the Mid-Town Direct rail line, making it an ideal location for commuters. Known for its outstanding school system and diverse population, Madison is highly regarded as a great place to raise a family. The town covers approximately 4 square miles and has a population of around 15,500.
Madison boasts well-maintained properties, picturesque tree-lined streets, and close-knit neighborhoods, making it a desirable upper-middle to upper-class town. The local government is responsible and efficient, contributing to the overall appeal of the area. Real estate values in Madison are higher compared to surrounding towns, offering stability and solid investment opportunities.
The town features three elementary schools, one junior school, and one high school, all consistently ranked among the best in the region. Additionally, there is a private Catholic school, Saint Vincent's Martyr, catering to pre-K through 6th grade students.
Neighborhoods and Sections of Madison
Discover More About Madison, NJ
Many young families have chosen to relocate to Madison from Hoboken, Jersey City, and Manhattan, commuting daily to NYC on the Mid-Town Direct line, which takes approximately 55 minutes. Madison offers reserved parking (for a fee) at the station parking lot, ensuring convenience for residents. The proximity of Newark Airport, just a 15-minute drive away, makes Madison a popular choice for travelers and corporate relocations.
Madison's police and fire departments are staffed with paid professionals, while the ambulance and first aid squad rely on volunteers. The town takes pride in maintaining its infrastructure, including the artesian well water system, recreational parks, ball fields, roads, electrical lines, and sewer system, which are all managed by dedicated Borough employees.
Residents of Madison can enjoy the community pool located on Rosedale Avenue, open to all residents. The town also offers well-organized Little League baseball, soccer, and football programs, run by volunteer coaches who often grew up playing in Madison themselves. The ball fields are well-maintained and in excellent condition, and during the winter, one field is transformed into an ice skating rink. The Madison YMCA provides a wide range of programs for children and adults, including swimming, basketball, gymnastics, and fitness center facilities.
Madison's downtown area, known as Downtown, is vibrant and bustling with various retail stores and shops. On Thursday evenings, all stores in Madison stay open late, allowing residents to conveniently explore the shopping options. The town boasts a diverse culinary scene, offering a range of restaurants catering to different tastes. From casual options like 5 Guys Burgers and Fries to renowned Italian cuisine at Il Mondo Vecchio, Madison has a variety of dining choices. Pubs and taverns also add to the town's social scene.
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