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Off market
  • $945,300

    4 South St, Madison, NJ 07940

    5beds
    1,650sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $945,300 Zestimate®
    $573/sqft
    $3,582 Estimated rent

    Home value

    $945,300

    $879,000 - $1.01M

    $3,582/mo

    Zestimate® history
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    $6,929/mo

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    What's special

    Are you looking for a prime investment property in the heart of Madison, NJ? Look no further! This meticulously maintained multi-family unit offers a great opportunity for investors. Property Details: Location: Madison, NJ Unit 1: 3 Bedrooms, 1 Bathroom Unit 2: 2 Bedrooms, 1 Bathroom Fully Rented: Both units are currently occupied by long-term tenants, providing a steady stream of rental income. Shared Basement: The property features a shared basement with a washer/dryer, which not only adds convenience for tenants but also generates additional revenue. Upgrades: In 2017, one of the units underwent a complete remodel, bringing a fresh and modern feel to the space. Additionally, the mechanical systems for both units were upgraded, ensuring efficient and worry-free living for tenants. Separate utilities for each unit as well as a house meter for laundry. Taxes: $7,400/year for a 2-Family!!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,650 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Wood
    Lot
    • Size: 9,600 Square Feet
    Details
    • Parcel number: 1701108000000023

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1950

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $573/sqft
    • Tax assessed value: $365,000
    • Annual tax amount: $7,775

    Price history

    DateEventPrice
    3/22/2024Listing removed--
    Source: NJMLS #23029865 Report a problem
    10/23/2023Price change$799,000-4.8%$484/sqft
    Source: NJMLS #23029865 Report a problem
    9/27/2023Listed for sale$839,000+0.5%$508/sqft
    Source: NJMLS #23029865 Report a problem
    9/25/2023Listing removed--
    Source: Owner Report a problem
    9/20/2023Listed for sale$835,000+39.4%$506/sqft
    Source: Owner Report a problem
    1/22/2018Listing removed$2,250$1/sqft
    Source: RE/MAX ACHIEVERS #3438531 Report a problem
    1/7/2018Listed for rent$2,250+60.7%$1/sqft
    Source: RE/MAX ACHIEVERS #3438531 Report a problem
    12/6/2017Sold$599,000$363/sqft
    Source: Public Record Report a problem
    11/23/2017Listed for sale$599,000$363/sqft
    Source: Owner Report a problem
    9/16/2017Pending sale$599,000$363/sqft
    Source: Owner Report a problem
    8/26/2017Listed for sale$599,000+26.1%$363/sqft
    Source: Owner Report a problem
    4/7/2017Sold$475,000+2161.9%$288/sqft
    Source: Public Record Report a problem
    1/17/2016Listing removed$1,400$1/sqft
    Source: Weichert Realtors #3266699 Report a problem
    11/19/2015Listed for rent$1,400+1.8%$1/sqft
    Source: Weichert Realtors #3266699 Report a problem
    6/6/2015Listing removed$1,375$1/sqft
    Source: Weichert Realtors #3215497 Report a problem
    5/14/2015Price change$1,375-5.2%$1/sqft
    Source: Weichert Realtors #3215497 Report a problem
    4/25/2015Listed for rent$1,450$1/sqft
    Source: Weichert Realtors #3215497 Report a problem
    8/9/2013Sold$21,000$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,775 $365,000
    2024$7,775 +3.4%$365,000
    2023$7,515 +0.2%$365,000
    2022$7,497 +1.4%$365,000
    2021$7,395 +2.7%$365,000
    2020$7,201 +2.6%$365,000
    2019$7,019 +0.8%$365,000
    2018$6,964 +5.1%$365,000 +3.3%
    2017$6,626 +1.9%$353,400
    2016$6,503 +3.5%$353,400
    2015$6,283 +5.6%$353,400
    2014$5,949 -14%$353,400
    2013$6,914 +2.7%$353,400 +37.1%
    2012$6,734 +2.8%$257,800
    2011$6,553 +4.4%$257,800
    2010$6,280 +2.3%$257,800
    2009$6,138 $257,800
    2008-- $257,800
    2007-- $257,800
    2006-- $257,800
    2005-- $257,800
    2004-- $257,800
    2003-- $257,800
    2002-- $257,800
    2001-- $257,800
    Find assessor info on the county website

    Neighborhood: 07940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Central
    • High: Madison

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $945,300
    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
    $945,300