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$2,150,000 Just Listed
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Property Description
Refined living meets timeless design at 8 Lorraine Road, a beautifully crafted new construction home set on a quiet street in one of Madison's most desirable neighborhoods. This 6-bedroom, 6-bath colonial offers an open, functional layout with generous proportions, 9' ceilings on the first floor, a convenient first-floor bedroom, and a full walkout finished basement designed for both everyday living and effortless entertaining. The home features white oak wide-plank floors, custom trim details, a striking staircase, and a spacious family room with gas fireplace and sliding doors to a large deck. The chef's kitchen includes shaker-style cabinetry to the ceiling, quartz countertops, a large center island, and top-of-the-line appliances. A mudroom with built-ins, second-floor laundry, and a luxurious primary suite with custom walk-in closet add to the home's thoughtful design. The finished walkout basement includes a bedroom with above-grade window, full bath, gym, office, and ample storage. Exterior highlights include Hardie plank siding, mahogany front door, black-framed windows, paver walkway, landscaped yard, and a 2-car garage.
Full Property Details
Full Property Details for 8 Lorraine Rd
General
- Price: $2,150,000
- Taxes: $12,417 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4020916
- Updated: 4/16/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 15
- 2nd Floor/Level 2: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
- 1st Floor/Level 1: Bedroom 1, Other Bath, Dining Room, Kitchen, Living Room, MudRoom, Office, Pantry, SittngRm
- Lower Level: 1 Bedroom, Bath(s) Other, Exercise Room, Rec Room, Utility Room
- Number of Fireplaces: 1
- Fireplace(s): Dining Room
- Appliances: Cooktop - Gas, Dishwasher, Gas Range and Oven, Refrigerator
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
- Bedroom 1: 20 x 17, Second
- Bedroom 2: 18 x 13, Second
- Bedroom 3: 16 x 14, Second
- Bedroom 4: 14 x 14, Second
Other Rooms
- Living Room: 20 x 18, First
- Family Room: 15 x 11, First
- Kitchen: Center Island, Pantry, 18 x 12, First
- Dining Room: 20 x 10, First
- Den: 10 x 10, First
- Bedroom: 13 x 11, First
- Office: 11 x 10, First
- SittngRm: 14 x 11, First
- Laundry Room: 12 x 6, Second
Exterior
- Exterior Features: Deck
- Color: White
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached Garage
Location
- County: Morris
- Driving Directions: Greenwood/Central to Lorraine
School Information
- Elementary School: Central
- Middle School: Madison Jr
- High School: Madison
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Colonial
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Square Feet: 5,250
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.31
- Lot Size: 0.311 AC
- Driveway/Sidewalk: 2 Car Width
- Zoning: R-3
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $550,900
- Land Assmt: $315,300
- Tax Amount: $12,417
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- APN: 2317-00707-0000-00048-0000-
- Block: 707
- Lot Number: 48
Listed by Ast Realty, Llc
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Schools
Schools serving 8 Lorraine Rd
School District:Madison Borough School District
| Name | Grades | Distance |
|---|---|---|
Central Avenue Elementary School 50 Central Avenue, Madison, NJ 07940 | PK-5 | 0.8 mi |
Madison Junior Middle School 160 Main Street, Madison, NJ 07940 | 6-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Lorraine Rd
Date
Details
Price
Change
Source
4/15/2026
Listed
$2,150,000
177.42%
MLS
11/25/2025
Sold
$775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Lorraine Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,734
4%
$550,900
—
2022
$11,315
1%
$550,900
—
2021
$11,161
5%
$550,900
—
2018
$10,594
1%
$550,900
—
2017
$10,511
2%
$550,900
—
2016
$10,329
2%
$550,900
—
2015
$10,137
-7%
$550,900
—
2019
$10,869
12%
$550,900
—
2013
$9,663
—
$550,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 Lorraine Rd
8 Lorraine Rd, Madison, NJ 07940 (MLS# 4020916) is a Single Family property with 6 bedrooms and 6 full bathrooms. 8 Lorraine Rd is currently listed for $2,150,000 and was received on April 15, 2026. Want to learn more about 8 Lorraine Rd? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

