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
Sold for $705,000
$705,000
107 Madison Ave, Dunellen, NJ 08812
4beds
3baths
1,936sqft
Multi Family
Built in 1950
-- sqft lot
$705,100 Zestimate®
$364/sqft
$2,620 Estimated rent
Home value
$705,100
$649,000 - $769,000
$2,620/mo
Zestimate® history
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$4,817/mo
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List your homeWhat's special
Double wide parkingThree private entrancesComfortable apartmentsSeparate utilities
Zillow last checked:
Listing updated:
Listed by:
STEWART DANIELS,
RE/MAX PINNACLE 908-306-9600
Source: All Jersey MLS,MLS#: 2615184R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Radiant, Baseboard Hotwater, Central
Cooling
- Ceiling Fan(s), A/C Window Unit(s)
Appliances
- Included: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Features
- Unit 1(1 Bedroom, Kitchen, 1 Bath), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room)
- Basement: Full, Storage Space, Laundry Facilities
Interior area
- Total structure area: 1,936
- Total interior livable area: 1,936 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport, Garage, Attached, Detached
- Attached garage spaces: 2
- Carport spaces: 4
- Covered spaces: 6
Accessibility
- Accessibility features: Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features
Features
- Stories: 3
- Patio & porch: Patio, Deck, Porch
- Exterior features: Patio, Deck, Yard, Porch
Lot
- Size: 5,000 sqft
- Dimensions: 100.00 x 50.00
- Features: Level
Details
- Parcel number: UNDEFINED
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1950
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Dunellen
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Sold | $705,000+0.7%$364/sqft |
Source:  All Jersey MLS #2615184R Report a problem | ||
| 5/20/2026 | Pending sale | $699,900$362/sqft |
Source:  GSMLS #4025562 Report a problem | ||
| 5/20/2026 | Contingent | $699,900$362/sqft |
Source: All Jersey MLS #2615184R Report a problem | ||
| 5/6/2026 | Listed for sale | $699,900+16.7%$362/sqft |
Source: All Jersey MLS #2615184R Report a problem | ||
| 1/11/2024 | Sold | $600,000+3.5%$310/sqft |
Source: All Jersey MLS #2404263R Report a problem | ||
| 11/9/2023 | Contingent | $579,900$300/sqft |
Source: All Jersey MLS #2404263R Report a problem | ||
| 11/9/2023 | Pending sale | $579,900$300/sqft |
Source: GSMLS #3869160 Report a problem | ||
| 10/18/2023 | Listed for sale | $579,900$300/sqft |
Source: GSMLS #3869160 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,361 | $453,000 |
| 2024 | $11,361 +9.9% | $453,000 +18.7% |
| 2023 | $10,336 -1.9% | $381,700 |
| 2022 | $10,539 +0.4% | $381,700 +13.1% |
| 2021 | $10,493 | $337,600 |
| 2020 | -- | $337,600 |
| 2019 | $10,021 +4.2% | $337,600 +355% |
| 2018 | $9,616 +3.8% | $74,200 |
| 2017 | $9,265 +2.6% | $74,200 |
| 2016 | $9,035 +2.2% | $74,200 |
| 2015 | $8,843 +1.2% | $74,200 |
| 2014 | $8,734 | $74,200 |
Find assessor info on the county website
Neighborhood: 08812
Nearby schools
GreatSchools rating
- 6/10John P. Faber Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Lincoln Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Dunellen High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value
$705,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$705,100
- New Jersey
- Middlesex County
- Dunellen
- 08812
- 107 Madison Ave
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