CCertihomes
198 Kings Road, Madison, NJ 07940

$1,199,999

4 beds 3 baths 2,732 sqft Built 199433 days on marketActive

About this home

Welcome to 198 Kings Road in sought-after Madison! This well-maintained 4-bedroom, 3-bath Colonial offers a spacious layout, timeless charm, and numerous updates throughout. The bright interior features recent painting, updated windows, and a new roof. The kitchen opens to inviting living and dining spaces ideal for everyday living and entertaining. Upstairs, the generous primary suite is complemented by three additional bedrooms and well-appointed baths. The finished basement includes flexible space for a recreation room, home office, gym, or guest area. Enjoy outdoor living on the upgraded Trex deck. Additional highlights include a full house generator, two-car garage, in-ground sprinkler system, and a prime location near downtown Madison, parks, shopping, and acclaimed schools.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,393/mo

Real estate (PITI + HOA + PMI)
$8,283
Principal + interest$5,443
Property tax + insurance$2,390
PMI / 2nd mortgage$450
Utilities
$707
Heating + cooling$199
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$110
Car insurance + maintenance$110
Other (entertainment)
$143
$8,393/mo TLC
Budget$8,893/mo
Remaining after TLC$500/mo
Purchase price
$1,199,999
Down payment
$60,000 (5%)
Loan amount
$1,139,999
APR
4%

Quick facts

Type
Single Family Residence
Style
Colonial
Year built
1994
Lot size
0.215 ac
Stories
2
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$14,473
MLS #
2616836R
County
Morris

At a glance

Air conditioning
Fireplace
Basement
Garage (2)
Dishwasher

Home features

Appliances
DishwasherDryerGas Range/OvenRefrigeratorWasherGas Water Heater
Interior
Security SystemEntrance FoyerKitchenLiving RoomBath FullDining RoomFamily Room4 BedroomsBath MainNone
Exterior
Lawn SprinklersDeckStorage Shed
Parking
2 Car WidthGarageAttachedDriveway
Patio & porch
Deck
Fireplace
Wood Burning
Kitchen
Eat-in Kitchen
Dining
Living Dining ComboFormal Dining Room
Master bedroom
Full BathWalk-In Closet(s)
Security
Security System
Flooring
Carpet, Ceramic Tile, Laminate, Wood
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, See Remarks

Neighborhood — 07940

MetricThis ZIPCountyUSA
Population17,8698,832,837299,088,112
Population Change Since19906.00%14.00%20.00%
Population Density3,5611,137
Male8,5244,307,827147,432,321
Female9,3454,525,010151,655,844
Never Married4,6311,965,81163,775,926
Married7,3783,647,435123,120,365
Separated1,101391,23912,639,686
Widowed843515,17215,467,586
Divorced878529,39323,075,029
Number Of House Hold5,9263,167,345111,826,380
Average House Hold Size2.552.732.60
Medial Age34.0337.1535.46
Median House Hold Income$97,069$63,392$48,276
Average House Hold Income$141,850$83,312$63,629
P C I$49,986$30,662$24,529
M D I$75,082$52,505$41,133
A T H E$91,470$61,369$50,898
S T R7.00%7.00%
W C J84.49%81.02%77.74%
(Zip) Code
7940

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 6/3/2026. Provided courtesy of PROLEGACY REALTY LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

198 Kings Road · Madison — $1,199,999 · Certihomes