Why Live in Madison
Madison, known as "Rose City," is a quiet bedroom community with about 17,000 residents located 15 miles west of NYC. The neighborhood features a historic train station and a Main Street corridor filled with local businesses, including Shanghai Jazz for Asian cuisine and live music, and The Snooki Shop for fashion. Madison's school district ranks in New Jersey's top 50, with highly rated schools such as Kings Road School, Torey J. Sabatini School, Central Avenue School, Madison Junior School, and Madison High School. The area is family-oriented, hosting events like Bottle Hill Day and the annual Christmas parade. Memorial Park offers a dog park, seasonal pool, and ice rink, while Giralda Farms Preserve provides trails for outdoor enthusiasts. Housing styles include 1950s colonials, Victorians, and contemporary new constructions, with single-family lots being slightly larger than average. Madison is safer than the national average, making it a desirable place for families. The neighborhood benefits from a direct train to NYC, with a historic station that adds to its charm. Newark Liberty International Airport is about 30 minutes away, and midtown Manhattan is an hour by car. Madison is also home to Drew University and a branch of Fairleigh Dickinson University, contributing to its vibrant community life.
Home Trends in Madison, NJ
On average, homes in Madison, NJ sell after 26 days on the market compared to the national average of 52 days. The median sale price for homes in Madison, NJ over the last 12 months is $1,318,790, up 40% from the median home sale price over the previous 12 months.
Median Sale Price
$1,318,790
Median Single Family Sale Price
$1,410,000
Median Townhouse Sale Price
$720,500
Average Price Per Sq Ft
$638
Number of Homes for Sale
14
Last 12 months Home Sales
139
Median List Price
$1,325,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
40%
