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Sold for $715,000
  • $715,000

    245 S Madison Ave, Dunellen, NJ 08812

    6beds
    4baths
    2,516sqft
    Multi Family
    Built in 1913
    -- sqft lot
    $729,800 Zestimate®
    $284/sqft
    $2,675 Estimated rent

    Home value

    $729,800

    $664,000 - $803,000

    $2,675/mo

    Zestimate® history
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    $4,947/mo

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    What's special

    This beautifully maintained two-family home is sure to impress. From the inviting front porch, perfect for relaxing, to the spacious layout inside, every detail has been thoughtfully cared for. Each unit offers three generous bedrooms, two full bathrooms, a large kitchen, and gorgeous hardwood flooring throughout. Additional features include a detached garage, both upper and lower back decks, and a full basement for added storage. Utilities are separate for each unit, with the exception of water. Conveniently located near major highways, shopping centers, and schools, this property presents a fantastic opportunity ideal for investors or for a homeowner looking to live in one unit and rent out the other. Professional photos coming soon..

    Zillow last checked:

    Listing updated:

    Listed by:

    DAWN M. TUNISON,

    COLDWELL BANKER REALTY 908-874-8421

    Source: All Jersey MLS,MLS#: 2512589RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Baseboard, Baseboard Hotwater
    Cooling
    • None, A/C Window Unit(s)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
    Features
    • Unit 1(Dining Room, 3 Bedrooms, Kitchen, Laundry Hookup, Living Room, 2+ Baths), Unit 2(Dining Room, 3 Bedrooms, Kitchen, Living Room, 2+ Baths)
    • Basement: Full, Storage Space, Laundry Facilities
    Interior area
    • Total structure area: 2,516
    • Total interior livable area: 2,516 sqft

    Property

    Parking
    • Parking features: Detached, 3-4 Car Parking
    • Has garage: Yes
    Features
    • Stories: 2
    • Patio & porch: Porch(es) - Open, Deck, Porch
    • Exterior features: Curbs, Porch(es) - Open, Deck, Sidewalk, Fencing/Wall, Yard, Porch
    • Fencing: Fencing/Wall
    Lot
    • Size: 8,298 sqft
    • Dimensions: 166.00 x 0.00
    • Features: Level
    Details
    • Parcel number: 0300064000000039

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1913

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: Dunellen

    Other

    Other facts
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/15/2025Listing removed$2,900$1/sqft
    Source: All Jersey MLS #2604629R Report a problem
    9/19/2025Listed for rent$2,900$1/sqft
    Source: All Jersey MLS #2604629R Report a problem
    9/19/2025Listing removed$2,900$1/sqft
    Source: All Jersey MLS #2603620R Report a problem
    9/3/2025Listed for rent$2,900+81.3%$1/sqft
    Source: All Jersey MLS #2603620R Report a problem
    9/2/2025Sold$715,000+2.2%$284/sqft
    Source: All Jersey MLS #2512589R Report a problem
    6/19/2025Contingent$699,500$278/sqft
    Source: All Jersey MLS #2512589R Report a problem
    6/18/2025Pending sale$699,500$278/sqft
    Source: GSMLS #3959130 Report a problem
    6/12/2025Listed for sale$699,500$278/sqft
    Source: GSMLS #3959130 Report a problem
    5/21/2025Pending sale$699,500$278/sqft
    Source: GSMLS #3959130 Report a problem
    5/3/2025Listed for sale$699,500+179.8%$278/sqft
    Source: All Jersey MLS #2512589R Report a problem
    11/18/2013Sold$250,000-9.4%$99/sqft
    Source: GSMLS #3055845 Report a problem
    8/13/2013Listing removed$275,900$110/sqft
    Source: Prudential New Jersey Properties #3055845 Report a problem
    7/17/2013Price change$275,900-4.8%$110/sqft
    Source: Prudential New Jersey Properties #3055845 Report a problem
    2/9/2013Listed for sale$289,900+62.9%$115/sqft
    Source: Prudential New Jersey Properties #1308659 Report a problem
    2/8/2012Listing removed$1,600$1/sqft
    Source: E. A. Boniakowski Agency, Inc. #209154 Report a problem
    1/31/2012Listed for rent$1,600$1/sqft
    Source: E. A. Boniakowski Agency, Inc. #209154 Report a problem
    1/7/2009Sold$178,000+76.2%$71/sqft
    Source: Public Record Report a problem
    4/16/2008Sold$101,000$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,282 +2.6%$529,600 +2.6%
    2024$12,946 -7.4%$516,200
    2023$13,979 +4.5%$516,200 +6.5%
    2022$13,383 +13.4%$484,700 +27.7%
    2021$11,798 $379,600
    2020-- $379,600
    2019$10,170 +4.2%$379,600 +404.1%
    2018$9,759 +3.8%$75,300
    2017$9,403 +2.6%$75,300
    2016$9,169 +2.2%$75,300
    2015$8,974 +1.2%$75,300
    2014$8,864 $75,300
    2013$8,864 +1.4%$75,300
    2012$8,740 +2.7%$75,300
    2011$8,507 +39.3%$75,300 +34.2%
    2010$6,105 +1.4%$56,100
    2009$6,018 $56,100
    2008-- $56,100
    2007$18,462 +7.1%$56,100
    2006$17,243 +7.6%$56,100
    2005$16,022 $56,100
    2004-- $56,100
    2003-- $56,100
    2002-- $56,100
    2001-- $56,100

    Find assessor info on the county website

    Neighborhood: 08812

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $729,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $729,800