This immaculately kept custom Colonial has 4 bedrooms and 2 1/2 baths with nothing to do but for you to call home!! Solid red oak floors adorn the first level as well as red oak accents throughout the home giving it a warm mountain like feel. Large 28x20 "great room", spacious eat in kitchen with new stainless steel appliances and formal dining room help create a space perfect for entertaining. Situated on a pancake flat corner lot on a quiet street in desirable Mt Olive with walking distance to Turkey Brook Park, close to major highways and shopping....a highly rated school district. Full basement with high ceilings, large workshop, new washer and dryer as well as new gas boiler with a 5 year warranty.
Sold for $310,000
$310,000
48 Madison Ave, Budd Lake, NJ 07828
4beds
2,564sqft
SingleFamily
Built in 1943
10,018 Square Feet Lot
$655,300 Zestimate®
$121/sqft
$4,382 Estimated rent
Home value
$655,300
$623,000 - $695,000
$4,382/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Gas, Solar, Wood / Pellet
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,564 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Detached, Off-street, On-street
Features
- Exterior features: Vinyl
Lot
- Size: 10,018 sqft
Details
- Parcel number: 2703911000000001
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1943
Community & neighborhood
Location
- Region: Budd Lake
Other
Other facts
- central_air_desc: Ceiling Fan(s)
- grade_school: Chesterstv
- taxes_annual: 8338
- original_listhub_key: 3yd-GSMLSNJ-3454328
- heating_desc: Baseboard,Fireplace
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $310,000-14.5%$121/sqft |
Source: Public Record Report a problem | ||
| 1/10/2019 | Sold | $362,500-3.6%$141/sqft |
Source:  GSMLS #3510803 Report a problem | ||
| 10/22/2018 | Price change | $375,900-0.9%$147/sqft |
Source: Weichert Realtors #3510803 Report a problem | ||
| 7/4/2018 | Price change | $379,500-5%$148/sqft |
Source: Keller Williams Realty Metropolitan #3454328 Report a problem | ||
| 3/18/2018 | Listed for sale | $399,500$156/sqft |
Source: KELLER WILLIAMS METROPOLITAN #3454328 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,030 | $287,800 |
| 2024 | $10,030 +6% | $287,800 |
| 2023 | $9,460 -2.4% | $287,800 |
| 2022 | $9,693 +0.3% | $287,800 |
| 2021 | $9,664 +1.7% | $287,800 |
| 2020 | $9,503 +8.6% | $287,800 +7.5% |
| 2019 | $8,751 +1.8% | $267,600 |
| 2018 | $8,598 +0.2% | $267,600 |
| 2017 | $8,585 +0.8% | $267,600 |
| 2016 | $8,520 -0.1% | $267,600 |
| 2015 | $8,528 +0.9% | $267,600 |
| 2014 | $8,451 +2% | $267,600 |
| 2013 | $8,285 +1.4% | $267,600 |
| 2012 | $8,167 +1.1% | $267,600 |
| 2011 | $8,079 +2% | $267,600 -0.7% |
| 2010 | $7,921 +4.7% | $269,400 -17.3% |
| 2009 | $7,563 | $325,700 |
| 2008 | -- | $325,700 +80.8% |
| 2007 | -- | $180,100 |
| 2006 | -- | $180,100 |
| 2005 | -- | $180,100 |
| 2004 | -- | $180,100 |
| 2003 | -- | $180,100 |
| 2002 | -- | $180,100 +1% |
| 2001 | -- | $178,300 |
Find assessor info on the county website
Neighborhood: 07828
Nearby schools
GreatSchools rating
- 8/10Chester M Stephens SchoolGrades: K-5Distance: 0.7 mi
- 6/10Mt Olive Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Mt Olive High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Chesterstv
- Middle: MT.Olive MS
- High: MT.Olive HS
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
$655,300
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
$655,300
- New Jersey
- Morris County
- Budd Lake
- 07828
- 48 Madison Ave
Nearby cities
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