Skip main navigation
Coming soon 02/26
  • $2,350,000

    7 Colonial Way, Madison Boro, NJ 07940

    5beds
    --sqft
    : 
    Single Family Residence
    Built in 1972
    0.69 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This elegant Colonial is set on a quiet cul-de-sac in one of Madison's most desirable neighborhoods. Blending timeless architecture with modern functionality, this home features a generously sized living room, a formal dining room, and a large renovated kitchen open to the family room, ideal for both everyday living and entertaining. A wall of windows fills the kitchen and designated breakfast nook with natural light, providing beautiful views of the backyard. The kitchen features abundant custom cabinetry, a large center island, Silestone countertops, high-end stainless steel appliances, and a spacious pantry. A convenient mudroom connects the kitchen to both the oversized two-car garage and the backyard. A home office station, powder room, and laundry room complete the first level. The second floor offers five bedrooms, three full bathrooms, and a versatile bonus room. The spacious primary suite includes two walk-in closets and a full bath with custom cabinetry, a soaking tub, a stall shower, radiant heated floors, and a double vanity. The finished basement provides exceptional additional living space, perfect for a media room, an exercise area, and a recreation room. Outdoors, the level, private backyard offers ample space for play and entertaining, highlighted by a large bluestone patio. Ideally located in one of Madison's most desirable neighborhoods, this home features classic design, generous living spaces, and a tranquil setting.
    6 hours
    |
    535
    |
    32
    |

    Zillow last checked: 17 hours ago

    Listing updated: 17 hours ago

    Listed by:

    Deirdre Coleman 973-464-8159,

    Turpin Real Estate, Inc.

    Source: GSMLS,MLS#: 4010808MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Description: Full Bath, Walk-In Closet
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Primary bathroom
    • Features: Soaking Tub, Stall Shower And Tub
    Dining room
    • Features: Formal Dining Room
    • Level: First
    • Area: 221
    • Dimensions: 17 x 13
    Family room
    • Level: First
    • Area: 532
    • Dimensions: 28 x 19
    Kitchen
    • Features: Breakfast Bar, Kitchen Island, Eat-in Kitchen
    • Level: First
    Living room
    • Level: First
    • Area: 300
    • Dimensions: 20 x 15
    Basement
    • Features: Media Room, Rec Room
    Heating
    • 2 Units, Forced Air, Zoned, Radiant - Electric, Natural Gas
    Cooling
    • 2 Units, Central Air, Zoned
    Appliances
    • Included: Carbon Monoxide Detector, Gas Cooktop, Dishwasher, Dryer, Microwave, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Wall Oven(s) - Gas, Washer, Water Softener Owned, Wine Refrigerator, Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Bedroom, Foyer
    • Flooring: Carpet, Stone, Tile, Wood
    • Doors: Storm Door(s)
    • Windows: Blinds, Shades
    • Basement: Yes,Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Wood Burning

    Property

    Parking
    • Total spaces: 2
    • Parking features: 1 Car Width, 2 Car Width, Asphalt, Attached Garage, Oversized
    • Attached garage spaces: 2
    Features
    • Patio & porch: Patio
    • Exterior features: Underground Lawn Sprinkler
    Lot
    • Size: 0.69 Acres
    • Dimensions: 125 x 240
    • Features: Cul-De-Sac, Level
    Details
    • Parcel number: 2317044020000000180000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding, Wood Shingle
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1972
    • Major remodel year: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities, Cable Available, Garbage Included

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector
    • Subdivision: Hill
    Location
    • Region: Madison

    Financial & listing details

    • Tax assessed value: $1,421,100
    • Annual tax amount: $30,269
    • Date on market: 2/26/2026
    • Ownership type: Fee Simple

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    7/30/2004Sold$1,652,500
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$30,269 $1,421,100
    2024$30,269 +3.4%$1,421,100
    2023$29,260 +0.2%$1,421,100
    2022$29,189 +1.4%$1,421,100
    2021$28,791 +2.7%$1,421,100
    2020$28,038 +2.6%$1,421,100 +3%
    2019$27,339 +0.8%$1,380,000 -2.9%
    2018$27,126 +1.8%$1,421,700
    2017$26,657 +1.9%$1,421,700
    2016$26,159 +3.5%$1,421,700
    2015$25,278 +2.9%$1,421,700 +1.5%
    2014$24,568 -4%$1,400,700
    2013$25,595 +2.6%$1,400,700 +52.1%
    2012$24,950 +2.7%$921,000
    2011$24,305 +4.2%$921,000
    2010$23,329 +2.2%$921,000
    2009$22,822 $921,000
    2008-- $921,000
    2007-- $921,000
    2006-- $921,000
    2005-- $921,000
    2004-- $921,000
    2003-- $921,000
    2002-- $921,000
    2001-- $921,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $15,039/mo
    Principal & interest
    $11514
    Property taxes
    $3525

      Climate risks

      Neighborhood: 07940

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Torey J.
      • Middle: Madison Jr
      • High: Madison

      Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

      Local experts in 07940

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading