Town Information For Madison NJ 07940
The township of Madison is a medium-sized township compared to some of the neighboring towns. Madison is located in Morris County, New Jersey. According to the 2010 census Madison has a total of 15,845 residents. The borough is named after the 4th president of the United States, James Madison.
In the last 10 years or so, real estate in Madison has had quite the bull run and risen dramatically in price. In 2012 the median price of a home was around $543,000. At its peak, in September 2018 the median price of a home was valued at $711,000. The average household income to live in Madison, New Jersey is roughly $120,000 according to Datausa.io.
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School System
The school system in Madison is one of the best in New Jersey. The Madison School System is highly praised as being an excellent option for both teachers and students. Niche.com has awarded the Madison School System as being #30 out of 243 best school districts in New Jersey. Madison is also voted as being #49 out of 383 safest school districts in New Jersey, and to top it off it was voted #49 out of 377 Districts with the best teachers in New Jersey.
The top-notch public school system of Madison prepares children for adulthood. The average student receives a 1250/1600 on their SAT as well as an average ACT score of 29/36. The most popular colleges that students of the Madison public high school attend are Rutgers University-New Brunswick, University of Delaware, and Rowan University.
Commuting
Madison New Jersey is a great destination to commute from. Residents of Madison are able to enjoy an hour commute to New York City by car ride. If you plan on commuting to New York City using public transportation you are only about 1 hour and 10-minute train ride.
Living in Madison