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Madison, NJ

Frequently asked questions

Madison, NJ

Madison is a borough in Morris County, in the U.S. state of New Jersey. As of the 2020 United States Census, the borough's population was 16,937, an increase of 1,092 (+6.9%) from the 2010 census count of 15,845, which in turn reflected a drop in population of 685 (−4.1%) from the 16,530 counted in the 2000 census.

Madison is noted for its historic railroad station. The station is located on the Morris & Essex Lines, which was one of the nation's first commuter railroads. Many wealthy residents of Manhattan relocated to Madison and its surrounding communities since the rail line offered direct transport to New York City. Madison is known as "The Rose City" and was named in honor of President James Madison.

Madison was ranked 33rd in Money magazine's ranking of the "Best Places to Live" in 2011, the third-highest ranked location in New Jersey and second-highest in Morris County behind Montville. New Jersey Monthly ranked Madison first in its 2019 rankings of the "Best Places to Live" in New Jersey.

Madison is a college town that is the home of both Drew University and Fairleigh Dickinson University; Saint Elizabeth University is located in neighboring Convent Station, New Jersey. Madison is also home to the Shakespeare Theatre of New Jersey, one of the largest professional Shakespeare companies in North America.

According to the U.S. Census Bureau, the borough had a total area of 4.33 square miles (11.20 km2), including 4.31 square miles (11.17 km2) of land and 0.01 square miles (0.03 km2) of water (0.30%).

Additionally, the healthcare sector thrives with facilities like the Atlantic Health System's Morristown Medical Center serving the area. The borough’s top priority is the health and wellness of its residents. Mosaic Wellness & Beauty offers a range of services including massages, facials, body treatments, and nail care. Float Haven Spa is known for its foot reflexology and massage therapies, this spa also offers facials, body treatments, and waxing services. Harmony Day Spa also provides massages, body wraps, and waxing. Known for its therapeutic massages, Angel's Touch Spa also offers facials, body wraps, and waxing services. Planet Fitness offers hydro massage beds and tanning facilities for relaxation after workouts. 

Top sites in Madison, NJ are Museum of Early Trades, Watchung Reservation, and Florham Park Gazebo. 

Population: 16,555 (2024). ZIP code: 07940. Area codes: 973, 862. Elevation: 187 feet (57 m). Area: 4.29 square miles (11.1 km^2).

FAQs

Is Madison, NJ a wealthy area?

The stretch between downtown Madison and Morristown became known as “Millionaire's Row.” Names of tycoons like Vanderbilt, Twombly, Morgan, Gibbons, and Dodge still conjure an image of great wealth, and the mark of their fortunes is evident throughout the town. The library, the YMCA, the train station, museums, and schools are housed in breathtaking structures built with no limit to expense.

Is Madison, NJ a good place to live?

Madison is a suburb of New York City with a population of 16,521. Madison is in Morris County and is one of the best places to live in New Jersey. Living in Madison offers residents a sparse suburban feel and most residents own their homes. In Madison, there are a lot of restaurants, coffee shops, and parks.

What is the cost of living in Madison, NJ?

A typical home costs $834,400, which is 146.8% more expensive than the national average of $338,100 and 93.1% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Madison costs $2,160 per month, which is 51.0% more than the national average of $1,430 and 20.8% more than the state average of $1,710. To live comfortably in Madison, New Jersey, a minimum annual income of $159,840 for a family, and $72,000 for a single person is recommended.

Sources

Borough of Madison

Wikipedia

portal fdu

Niche

Bestplaces

Atlantic Health System's Morristown Medical Center 

Mosaic Wellness & Beauty 

Float Haven Spa

Harmony Day Spa

Angel's Touch Spa

Planet Fitness

Museum of Early Trades

Watchung Reservation

Florham Park Gazebo

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