Price Reduction
128 Park Ave Madison Boro, NJ
$ 625,000
Property Attributes
  • MLS#3688033
  • TypeMulti-Family
  • CountyMORRIS
  • CityMadison Boro
  • AreaMadison Boro
  • Zip07940
  • Style1-One Story, 2-Two Story
  • Year Built1929
  • Taxes8784
  • Price$ 625,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2645
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Data Source:
Garden State MLS
Property Description

Amazing potential & opportunity for investment or to owner occupy w/additional income. 2 unit multi-family in R4 zone convenient to town, shops, Manhattan direct train, highways & nearby universities. Open front porch, separate entrances, rear patio, elevated deck. Detached 2 car garage, finished basement. Unit 1 is two stories, the first floor & the basement, Unit 2 is the second floor. Two furnaces, two water heaters, two gas meters, two electric panels. Landlord provides snow removal and lawn care. 2 car gar included with Unit 1 rental. Current floor plan of Unit 1 is 1 bedroom and needs to be converted back to original 2 BR design. Additional parking. Central air not working on either furnace. "As-is" sale. Property will be delivered vacant at closing.

Elementary School Middle School High School
Central Elementary School Madison Jr Middle School Madison High School
Price History
1/20/2021 Listed $650,000
3/27/2021 4% - $625,000

General Features

Architectural Style 1-One Story, 2-Two Story
Cooling 2 Units, Central Air
Drive 1 Car Width, Blacktop
Exterior Features Deck, Open Porch(es), Patio, Sidewalk, Storm Door(s), Thermal Windows/Doors
Garage Detached Garage
Garage Spaces 2
Heating 2 Units, Forced Hot Air
Interior Features Blinds, Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Open Parking Spaces 4
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 8784
Total Units 2
Town # 2318
Township Madison Boro
Utilities Electric, Gas-Natural
Water Heater Gas
Zoning R4

Interior Features

Basement Finished-Partially, Full, Walkout
Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Unit 1 Baths Total 2.0
Unit 1 Beds Total 2
Unit 1 Handicap Modified No
Unit 1 Levels 2
Unit 1 Room Description Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Porch, See Remarks
Unit 1 Rooms 7
Unit 1 Sq Ft 1670
Unit 2 Appl/equip Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 1
Unit 2 Room Description Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room
Unit 2 Rooms 6
Unit 2 Sq Ft 975
Unittype1totalrent 3000
Unittype2totalrent 2000

Exterior Features

Building Area Total 2645
Exterior Description Brick, Stucco
Lot Dimensions 50X147 AV
Lot Features Open Lot
Water Source Public Water, Water Charge Extra


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07940

AVG $670K
AVG $9,192
AVG 14
Year Built
AVG 1916
AVG 51
Data Provided by Walkscore ® not using MLS data

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