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2025 Compare Cities Housing:
Madison, NJ vs Mendham borough, NJ

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Highlights
- The median age of a home in Madison is 21.9% older than the median age of a home in Mendham borough.
 Madison, NJMendham borough, NJUnited States
 Median Home Age64  Unlock42
 Median Home Cost  Unlock$746,300$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$22.0$11.0
 Homes Owned61.4%  Unlock57.4%
 Housing Vacant  Unlock3.1%11.2%
 Homes Rented34.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Madison, NJMendham borough, NJUnited States
 Average Rent  Unlock$2,320$1,840
 Studio Apartment$1,520  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,540$1,180
 2 Bedroom Home or Apartment$2,160  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,350$1,860
 4 Bedroom Home or Apartment$3,220  Unlock$2,160
 space1
 Vacant Housing
 Madison, NJMendham borough, NJUnited States
 Vacant For Rent  Unlock1.9%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other2.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Madison, NJMendham borough, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.6%  Unlock3.9%
 $80,000 to $99,999  Unlock2.0%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock0.0%13.0%
 $200,000 to $299,9990.9%  Unlock20.1%
 $300,000 to $399,999  Unlock6.7%13.6%
 $400,000 to $499,9995.0%  Unlock8.3%
 $500,000 to $749,999  Unlock41.5%9.7%
 $750,000 to $999,99923.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock10.4%2.2%
 $1,500,000 to $1,999,9998.0%  Unlock0.8%
 $2,000,000 and over  Unlock4.4%1.1%
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 Housing Units By Year Built
 Madison, NJMendham borough, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.0%13.6%
 2000 to 20094.1%  Unlock13.6%
 1990 to 1999  Unlock6.2%13.6%
 1980 to 19897.5%  Unlock13.2%
 1970 to 1979  Unlock25.0%14.8%
 1960 to 19696.7%  Unlock13.6%
 1950 to 1959  Unlock11.6%10.0%
 1940 to 19497.9%  Unlock4.7%
 1939 or Earlier  Unlock16.3%12.2%
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Reviews for Madison    3 Reviews
Matt · Madison, NJ
Old, wealthy town with some college vibrance
Over 12 years ago

I grew up in Madison, and while I seriously appreciate what growing up in the town had to offer, it was a town that I grew out of pretty fast. Madison is small, with  More

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LVB · Madison, NJ
Cost of living
Over 12 years ago

Madison is  More

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Michael · Madison, NJ
Madison NJ
Over 15 years ago

The Borough of Madison is located in Morris County. It is 23 miles by car, west of New York City and sits on the Mid-Town Direct rail line. Madison is well know for its  More

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Reviews for Mendham Borough    1 Reviews
Dennis · Ogden, UT
Mendham
Over 19 years ago

Mendham Borough is an attractive small town with some historic buildings. Mendham is populated principally by the very affluent. Parts of the town have genuine mansions,  More

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Learn More About Madison, New Jersey
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Learn More About Mendham borough, New Jersey
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