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4 Shadylawn Dr, Madison, NJ, 07940

5beds
5baths
--sqft
$1,799,000
--price/sqft
$12,678/moest. monthly cost
$507,120/yrincome needed

About This Home

Experience exceptional craftsmanship in this new home built by a premier, quality driven builder. Larger than it appears and perfectly situated in Madison, this home seamlessly blends timeless design with modern luxury. Welcoming entryway sets the tone highlighted by custom trim & moldings, along with stunning white oak flooring. The thoughtfully designed open floor plan connects the elegant dining area to a chef's kitchen, complete with a striking center island , quartz countertops, custom handmade cabinetry by a local artisan, & top-of-the-line Thermador appliances. The spacious family room offers a gas fireplace & sliders that open to a patio & enclosed, professionally landscaped yard ideal for indoor-outdoor living. Additional main level highlights include a powder room, walk-in pantry, mudroom and direct access to the garage. Upstairs you will find 4 generously sized bedrooms, including luxurious primary suite with vaulted ceiling, spa like bath, 2 custom fitted walk-in closets. 2nd bedroom features its own ensuite bath, while 2 additional bedrooms share a beautifully appointed hall bath with double vanity. A convenient 2nd floor laundry room completes this level. The finished 3rd floor offers a bonus space perfect for home office, gym, or playroom. The finished basement features 5th bedroom, full bath, rec room with wet bar and storage. Exquisite trim, designer lighting & meticulous attention to detail. Over 4000 sq ft of living space. New Home warranty.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

6/10
8/10
Madison High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Clapboard,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Kitchen Exhaust Fan,Microwave,Range/Oven-Gas,Refrigerator,Wine Refrigerator
  • Laundry features: Level 2

Basement

  • Features: 1 Bedroom, Bath(s) Other, Rec Room, Storage Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedroom1

  • Level: Second
  • Area: 336

Bedroom2

  • Level: Second
  • Area: 156

Bedroom3

  • Level: Second
  • Area: 168

Bedroom4

  • Level: Second
  • Area: 182

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 182

Family Room

  • Level: First
  • Area: 375

Features

  • Wet Bar,High Ceilings,Walk-In Closet(s),Bedroom,Leisure Room,Rec Room,Storage Room
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Zoned,Natural Gas
  • Cooling features: 2 Units,Central Air,Zoned

Kitchen

  • Features: Kitchen Island
  • Level: First
  • Area: 169

Master Bathroom

  • Features: Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 2317001030000000270000

Features

  • Patio & porch: Patio

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 50 x 125

Parking

  • Total spaces: 1
  • Parking features: 2 Car Width,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Strong Wind

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 $9,096$109,152
Home Insurance *$384$4,608
Property Taxes $2,758$33,096
Electricity $440$5,291
Total$12,678$152,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$434,674/yr
40% on housing$380,340/yr
45% on housing$338,080/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07940$727
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
2026-05-01Listed for sale$1,895,000

New Construction

AgentLinda Parisi
BrokerageRe/Max Achievers

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