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$2,928,307

Listing Price

--beds

--baths

3,817sqft

30,000sqft lot

7 Colonial Way, Madison, NJ 07940

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

767.18

Price / sqft

1972

Year built

Home Details

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, designated breakfast nook, and family room 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 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.

Interior Details

Square Feet
  • 3817

Bedrooms
  • N/A

Bathrooms
  • N/A

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 30000

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$28,493

$764,800

$656,300

--%

$1,421,100

2019

$27,227

$764,800

$615,200

--%

$1,380,000

2018

$27,339

$764,800

$656,900

--%

$1,421,700

2017

$27,126

$764,800

$656,900

--%

$1,421,700

2016

$26,656

$764,800

$656,900

--%

$1,421,700

2013

$24,568

$764,800

$635,900

--%

$1,400,700

2013

$24,568

$764,800

$635,900

--%

$1,400,700

2012

$25,594

$536,700

$384,300

--%

$921,000

percent-home-icon

Average Home Price in 07940

Nearby Properties

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Bed

Bath

Sqft

Lot

Sold Date

$2,108,513

-- Beds

-- Baths

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Sold 10/30/2026

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Sold 08/26/2026

$2,847,067

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Sold 06/23/2026

$2,142,695

-- Beds

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Sold 06/23/2026

$2,706,347

-- Beds

-- Baths

3,827 Sqft

37,462 Lot (sqft)

Sold 06/15/2026

$1,925,000

4 Beds

3 Baths

3,459 Sqft

68,476 Lot (sqft)

Sold 10/26/2026

$2,750,000

-- Beds

-- Baths

4,338 Sqft

29,233 Lot (sqft)

Sold 10/27/2026

$2,075,000

-- Beds

-- Baths

3,568 Sqft

22,303 Lot (sqft)

Sold 10/27/2026

$2,928,307

-- Beds

-- Baths

3,817 Sqft

30,000 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,928,307
$
Down payment
585,661.4
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
17,569.84
$
HOA (Monthly)
0
$
PMI
0
$
$18,956
Your Payment
Total Monthly Payment:$18,956
Percent of Income:325%
Affordable:No

Details for 7 COLONIAL WAY

Property Debt

Foreclosure Contact Details