5+ Days Ago
Location
71 Madison St #2, Morristown, NJ 07960, USA
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Amenities for 71 Madison St #2
Apartment Amenities
| Baseboard | Carpet |
Appliances
| In-Unit Laundry |
Building
| Onsite Laundry |
Grounds
| 2 Parking Spaces | Outdoor Space |
Other
| Four Rooms | Hot Water Heating |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 71 Madison St #2
Property Status: Active Second floor two-bedroom apartment with three porches, private parking, and in-unit laundry. An unbeaten location with near-immediate access to South Street restaurants, Morristown train station, and Rte 287. Office Phone: (973) 377-7785 Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 71 Madison St #2 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 07960 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Morristown
2-bedroom apartments at 71 Madison St #2 cost about 42% less than the average rent price for 2-bedroom apartments in Morristown.
Median rents as of Dec 6 2025.
Morristown
| Month | Median Rent |
|---|---|
| December 2023 | $3,675 |
| January 2024 | $3,713 |
| February 2024 | $3,580 |
| March 2024 | $3,733 |
| April 2024 | $3,893 |
| May 2024 | $3,848 |
| June 2024 | $3,876 |
| July 2024 | $4,026 |
| August 2024 | $3,860 |
| September 2024 | $3,739 |
| October 2024 | $3,714 |
| November 2024 | $3,369 |
| December 2024 | $3,447 |
| January 2025 | $3,343 |
| February 2025 | $2,978 |
| March 2025 | $2,940 |
| April 2025 | $3,212 |
| May 2025 | $3,445 |
| June 2025 | $3,581 |
| July 2025 | $3,557 |
| August 2025 | $3,409 |
| September 2025 | $3,310 |
| October 2025 | $3,294 |
| November 2025 | $3,370 |
| December 2025 | $3,350 |
Affordability calculator
Can I afford to live at 71 Madison St #2?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 2-bedrooms monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
Schools near 71 Madison St #2
Alexander Hamilton School
24 mills st
morristown, NJ, 7960
3-5Public
B+
Hillcrest School
160 hillcrest ave
morristown, NJ, 7960
PK, K-2Public
A-
Lafayette Learning Center Preschool
31 hazel st
morristown, NJ, 7960
PKPublic
Sussex Avenue School
125 sussex ave
morristown, NJ, 7960
3-5Public
B+
Alfred Vail School
125 speedwell ave
morris plains, NJ, 7950
PK, K-2Public
A-
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Internet available near 71 Madison St #2
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Morristown near 71 Madison St #2
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 71 Madison St #2, Morristown
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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