Address
5 Chateau Thierry Ave Madison Boro, NJ
Price
$ 1,398,000
Property Attributes
  • MLS#3711169
  • TypeCommercial
  • CountyMORRIS
  • CityMadison Boro
  • AreaMadison Boro
  • Zip07940
  • StyleApartment Complex
  • Year Built1898
  • Taxes$ 15242
  • Price$ 1,398,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms6
  • Sqr Footage3400
  • Lot Size0.54 Acres
Listing Provided Courtesy Of:
KELLER WILLIAMS REALTY
Data Source:
Garden State MLS
Property Description

Rare investment opportunity. Meticulously maintained FIVE-family home located 1 mile from downtown Madison shops, restaurants, and direct train to NYC. 4 one-bedroom units and 1 studio. Units boast architectural charm with hardwood floors, high ceilings, large windows and fireplaces. Only third owner in 123 years! Current owners have owned property for 45 years. Pride of ownership evident! Owner has consistent rental income. Each unit has lockable storage in basement. Laundry in basement. Plenty of on site parking. Utilities included in rent. Madison ranked Best Place to Live in NJ by NJ Monthly Magazine. Top-rated school system. Conveniently located near Rt. 24. 25 minutes to Newark Airport, 40 minutes to NYC. ALSO LISTED AS MULTI FAMILY MLS #3710680

Price History
5/11/2021 Listed $1,398,000

General Features

Basement Full, Walkout
Construction Wood
Cooling Wall A/C Unit(s), Window A/C(s)
Drive 1 Car Width, Blacktop, Driveway-Exclusive, Off-Street Parking
Flooring Carpeting, Wood
Garage Spaces 7
Heating 1 Unit, Radiators - Steam
Num Apts 5
Property Type Apartment Complex
Property Type Apartment Complex
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 15242
Total Units 5
Town # 2318
Township Madison Boro
Utilities Electric, Gas-Natural
Zoning R-3

Interior Features

Fuel Type Gas-Natural
Num 1 Bdrm Units 4
Num Units W/full Bath 5

Exterior Features

Building Area Total 4611
Exterior Description CedarSid
Lot Dimensions 0.538 AC
Lot Features Flag Lot
Max Ceiling Height 9
Total Parking 7
Water Source Public Water

Amenities

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

Property vs Commercial Average in 07940

Price
AVG $660K
$1.4M
Taxes
AVG $10,025
$15,242
Visits
AVG 84
56
Year Built
AVG 1903
1898
Walkscore
AVG 69
34
Data Provided by Walkscore ® not using MLS data

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