Madison is also home to two universities; Drew University and Farleigh Dickinson University, providing numerous cultural and athletic events to enjoy. Drew's campus is home to the professional New Jersey Shakespeare Festival, the United States Field Hockey Center, and the Charles A. Dana Research Institute for Scientists Emeriti (RISE).Fairleigh Dickinson is New Jersey’s largest private university. The University offers over 100 undergraduate and graduate degree programs, including doctoral programs in clinical psychology and in school psychology, and an AACSB-accredited business school.

By car, Madison is easily accessible from major interstate highways Routes 287, 78, 95 and the Garden State Parkway. Madison offers train service via the MidTown Direct and Hoboken lines into Manhattan. Madison is also just a short drive to Morristown and only 20 minutes from the headquarters of the U.S. Equestrian Team and the U.S. Golf Association.

Single family home prices in Madison N.J. typically start in the $500,000s.
Single family home prices in Madison N.J. range up to about $2,500,000
Condos in Madison N.J. start in the $340,000s.

The average price for a home in Madison in 2005 was $806,911.This year prices dropped 3%, the average price for a home is $780,081.However, total dollar volume is up 12% from last year and the total number of homes sold this past half of 2006 was 88 compared to the first half of 2005 where only 75 homes were sold.Average days on market is also slightly higher this year than previous years.

Please contact us for a comprehensive statistical report for Madison N.J. and the surrounding towns which includes data from 2000-2006.

*Based on data from the Garden State Multiple Listing Service, comparing the first half of each year (January-June, the most active part of the year for real estate transactions).

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