Under contract

$865,000

55 Myrtle Ave, Madison Boro, NJ 07940

3beds

2,618sqft

$6,169/mo

Get pre-qualified

Multi Family

Built in 1951

-- sqft lot

$-- Zestimate^®

$330/sqft

$-- HOA

What's special

Plenty of parkingWrap around deckLevel yardStorage shed

Rare opportunity to renovate and restore this custom built 2 unit multi family home in popular neighborhood in desirable town of Madison. Can also be converted to a large single family home as well. Convenient to town, Manhattan direct train, schools, parks, ball fields and more. Owner occupy or rent out both. Needs work. Amazing potential for buyer with vision. Unit 1 is first floor and finished lower level. Unit 2 is second floor with separate private entrance. Built in 1 car garage along with detached 2 car garage with attic. Wrap around deck, plenty of parking, level yard & storage shed. Excellent opportunity for tradesperson, contractor and landscapers. Central air units not operational. Strictly "as-is" sale. Inspections for information purposes only. Estate sale with limited knowledge of property & conditions.

19 days
1,777
129

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

1 Unit, Auxiliary Electric Heat, Zoned, Radiators - Steam, Natural Gas

Cooling

2 Units, Central Air

Appliances

Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Bedrooms, Dining Room, Kitchen, Living Room, Rec Room, Sunroom, Living/Dining Room, Master Bedroom, Ceiling Fan(s)
Flooring: Carpet, Vinyl-Linoleum Floors, Wood
Doors: Storm Door(s)
Windows: Thermal Windows/Doors, Blinds
Basement: Yes,Partially Finished,Sump Pump
Number of fireplaces: 2

Interior area

Total structure area: 2,618
Total interior livable area: 2,618 sqft

Property

Parking

Total spaces: 6
Parking features: 2 Car Width, Asphalt, Driveway-Exclusive, Off Street, Attached Garage, Detached Garage
Attached garage spaces: 3
Uncovered spaces: 6

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Enclosed Porch(es)

Lot

Size: 9,583 Square Feet
Dimensions: 0.2152 AC
Features: Level

Details

Additional structures: Storage Shed
Parcel number: 2317005030000000110000
Zoning description: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stone, Vinyl Siding
Roof: Asphalt Shingle,Rubber

Condition

Year built: 1951

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public, Water Charge Extra
Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available, Garbage Included

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector

Location

Region: Madison

Financial & listing details

Price per square foot: $330/sqft
Tax assessed value: $487,200
Annual tax amount: $10,981
Date on market: 9/17/2026
Total actual rent: 0
Tenant pays: Electricity, Tenant Pays Electric
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/2/2026	Pending sale	$865,000$330/sqft
Source: GSMLS #4053370 Report a problem
9/17/2026	Listed for sale	$865,000+61907.2%$330/sqft
Source: GSMLS #4053370 Report a problem
6/16/2024	Listing removed	--
Source: Zillow Rentals Report a problem
4/9/2024	Listed for rent	$1,850+32.6%$1/sqft
Source: Zillow Rentals Report a problem
6/7/2018	Listing removed	$1,395$1/sqft
Source: Keller Williams Realty Premier Properties #3468550 Report a problem
5/26/2018	Sold	$1,395$1/sqft
Source: Agent Provided Report a problem
3/2/2018	Listed for rent	$1,395$1/sqft
Source: KELLER WILLIAMS REALTY #3450731 Report a problem
9/1/2017	Listing removed	$1,395$1/sqft
Source: TOWN & COUNTRY PROPERTIES #3407102 Report a problem
7/28/2017	Listed for rent	$1,395$1/sqft
Source: TOWN & COUNTRY PROPERTIES #3407102 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$10,981 +5.8%	$487,200
2025	$10,377	$487,200
2024	$10,377 +3.4%	$487,200
2023	$10,031 +0.2%	$487,200
2022	$10,007 +1.4%	$487,200
2021	$9,871 +2.7%	$487,200
2020	$9,612 +2.6%	$487,200
2019	$9,369 +0.8%	$487,200
2018	$9,296 +1.8%	$487,200
2017	$9,135 +1.9%	$487,200
2016	$8,964 +3.5%	$487,200
2015	$8,662 +1.4%	$487,200
2014	$8,545 +8.2%	$487,200
2013	$7,898 +2.6%	$487,200 +71.4%
2012	$7,699 +2.7%	$284,200
2011	$7,500 +4.2%	$284,200
2010	$7,199 +2.2%	$284,200
2009	$7,042	$284,200
2008	--	$284,200
2007	--	$284,200
2006	--	$284,200
2005	--	$284,200
2004	--	$284,200
2003	--	$284,200
2002	--	$284,200
2001	--	$284,200