Mold Removal Cost And Risk In ZIP 07940, Madison NJ
A typical professional mold job in ZIP 07940, Madison runs about $1,700 to $6,750 before rebuild. Half the homes here were built before 1959, older than the Morris County median of 1971.
1959Median year homes were built
72%Homes built before 1980
36%Homes rented, not owned
$883,200Median home value
$2,248Median gross rent
5,733Housing units
72 percent of homes in 07940 went up before 1980. Older plumbing, roofs and window seals are where slow leaks start, and slow leaks are the mold most home policies leave out.
About 36 percent of homes here are rented, against 26 percent across Morris County, so most households carry an owner's policy on the building.
The top of a typical mold job here, $6,750, is about 0.8 percent of the median home value of $883,200.
Typical Prices In 07940
| Job | Size | National Range | 07940 Estimate |
|---|---|---|---|
| Mold Remediation | a typical professional job | $1,500 to $6,000 | $1,700 to $6,750 |
| Mold Remediation | an attic | $2,000 to $7,500 | $2,250 to $8,450 |
| Mold Inspection and Testing | a visual inspection | $200 to $600 | $250 to $700 |
| Mold Inspection and Testing | an inspection with samples | $300 to $1,000 | $350 to $1,150 |
| Mold Inspection and Testing | a clearance test | $300 to $800 | $350 to $900 |
The standard limited fungi endorsement caps mold at $5,000. Against a typical job here of up to $6,750, that cap falls short by about $1,750 at the top of that range. Read the form
Water Hazards FEMA Rates For Morris County
FEMA rates Morris County high for inland flooding, cold wave, winter weather. Water from these events is where mold claims start, and flood water is a separate policy. FloodSmart says mold damage is not covered under standard NFIP flood policies. FloodSmart
| Hazard | FEMA Risk Rating |
|---|---|
| Inland flooding | Relatively High |
| Coastal flooding | Not Applicable |
| Hurricane | Relatively Moderate |
| Cold wave | Relatively High |
| Winter weather | Very High |
New Jersey Rules On Mold
Nearby ZIP Codes In Morris County
Part of Madison, Morris County, New Jersey.