107 Madison Ave

Dunellen Boro, NJ 08812


 

Price: $699,900

GSMLS:  4025562
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 4
Baths: 3 Full
Garage: 2-Car
Year Built: 1950
Acres: 0.11
Property Tax: $11,089
Description
Rare 3 family investment opportunity in commuter friendly Dunellen. 107 Madison Ave offers separate utilities, three private entrances, comfortable apartments, double wide parking, and a detached 2 car garage. Each unit has its own washer and dryer in the common basement area. The property also includes a shared backyard space for outdoor use and entertaining.Located near the Dunellen Train Station on the NJ Transit Raritan Valley Line, with convenient access to Route 28/North Avenue, Route 22, I 287, Route 18, Route 1, and the Garden State Parkway. Close to downtown Dunellen shopping, restaurants, coffee shops, and everyday conveniences. Additional investment appeal includes the property's location within Dunellen's Redevelopment Area Remainder map area, with a likely underlying RB residential context. This adds long term value potential in a commuter friendly downtown corridor near transit, shopping, restaurants, and major highways. A strong **Value Add** opportunity for investors seeking a multi-unit property with parking, garage space, separate utilities, tenant convenience, and access to the Raritan Valley Corridor.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Full
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Composition Siding
Lot Size:
50X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width, Blacktop, Driveway-Shared, Off-Street Parking, On-Street Parking
Spaces Available:
4
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
1
Room Description:
Eat-In Kitchen, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,Refrig,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Den, Eat-In Kitchen, Living Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,RgOvElec,Refrig,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room, Master Bedroom, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Electric, Forced Hot Air
Heating Fuel:
Electric, Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV
School Information
Elementary:
J.P.FABER
Middle:
LINCOLN MS
High School:
DUNELLEN
Community Information
County:
Middlesex
Town:
Dunellen Boro
Neighborhood:
Downtown Redevelopme
Financial Considerations
List Price:
$699,900
Tax Amount:
$11,089
Land Assessment:
$100,000
Build. Assessment:
$465,000
Total Assessment:
$565,000
Tax Rate:
2.45
Tax Year:
2025
Listing Information
MLS ID:
4025562
List Date:
05-06-2026
Days On Market:
1
Listing Broker:
RE/MAX PINNACLE
Listing Agent:
Stewart Daniels
 

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3108 Route 10 West
Denville, NJ 07834
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RE/MAX

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211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox