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1 Noe Ave, Madison, NJ, 07940

7beds
8baths
7,500sqft
$3,297,777
$440price/sqft
$24,003/moest. monthly cost
$960,120/yrincome needed

About This Home

In the heart of Madison, 1 Noe Avenue is an extraordinary new build offering approximately 7,500 SF of sophisticated living across four beautifully finished levels. Built by Champion Estates developers. Designed with exceptional attention to scale, craftsmanship and functionality, the residence features 7 bedrooms plus a bonus room and 7.5 baths, including a convenient first-floor guest en-suite with its own private entrance. From the moment you enter, the home makes a statement with an impressive stair tower crowned by a striking 32-foot chandelier. At the heart of the home, a showstopping chef?s kitchen features a 48? Wolf range, a fully appointed scullery with a second refrigerator, two top-load dishwashers, warming drawer, and second sink The primary suite is an experience entirely its own, featuring dual custom dressing rooms, a private coffee lounge and a spa-inspired wet room with heated floors throughout the bathroom and shower. Four-zone climate control provides personalized comfort throughout the home. The lower level has a gym w/ a sauna , a guest en-suite with private walkout, media room with a dry bar. Set on nearly half an acre with a full lawn sprinkler system, and moments from vibrant downtown Madison?s exceptional dining, boutique shopping and cafs, NYC transportation and highly regarded schools, 1 Noe Avenue delivers a rare combination of scale, privacy, craftsmanship and lifestyle. Come experience what makes this home unforgettable.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

9/10
Kings Road SchoolGrades K-50.2 mi
7/10
8/10
Madison High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Asphalt Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom Home
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Walk-Out Access,Sump Pump

Bedroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal Dining Room
  • Level: First

Family Room

  • Level: First

Features

  • Media Room,Sauna,In-Law Floorplan
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 4+ Units,Forced Air,Zoned,Natural Gas
  • Cooling features: 4+ Units,Central Air

Interior Area

  • Total structure area: 7,500
  • Total interior livable area: 7,500 sqft

Kitchen

  • Features: Kitchen Island,See Remarks,Separate Dining Area
  • Level: First

Property

Details

  • Parcel number: 2317047020000000130000

Features

  • Patio & porch: Deck
  • Fencing: Privacy

Lot

  • Lot size: 0.40 Acres
  • Lot size dimensions: 120 x 150

Parking

  • Total spaces: 4
  • Parking features: Asphalt,Circular Driveway,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,675$200,100
Home Insurance *$704$8,448
Property Taxes $5,798$69,576
Electricity $826$9,921
Total$24,003$288,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$822,960/yr
40% on housing$720,090/yr
45% on housing$640,080/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$440This listing

vs Other Active Listings

Avg $/sqft

ZIP 07940$728
Morris County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 07940$521
Morris County$367

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$3,199,000
2026-07-16Listed for sale$3,297,777
2026-06-18Listing removed$3,399,999
2026-05-16Listed for sale$3,399,999
2025-06-13Sold$1,050,000
2025-05-18Pending sale$949,000
2025-05-01Listed for sale$949,000
2016-09-26Sold$720,000
2012-01-29Listing removed$3,500
2012-01-12Listed for rent$3,500

For Sale by Agent

AgentKristina Baez
BrokerageLim Bances Realty

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