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$699,900 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 107 Madison Ave
General
- Price: $699,900
- Taxes: $11,361 (2024)
- Status: Active
- Type: Triplex
- Source: Middlesex
- MLS ID: 2615184R
- Updated: Today (5/6/2026)
- Added to Site: Today
Rental Information
- Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month), Unit 4(Month-Month)
Interior
- Interior 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)
- Appliances: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Rooms
Bathrooms
- Total Bathrooms: 3
Other Rooms
- Living Room: 1,936 Sq. Ft.
Exterior
- Exterior Features: Patio, Yard, Porch
- Deck/Patio: Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport Spaces: 4
- Parking Features: Attached Carport, Garage, Attached, Detached
- Parking: Attached Carport, Garage, Attached, Detached
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: Ceiling Fan(s), A/C Window Unit(s)
- Heating Type: Baseboard, Radiant, Baseboard Hotwater, Central
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Full, Storage Space, Laundry Facilities
- Stories/Levels: 3
- Square Feet: 1,936
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,001
- Lot Dimensions: 100.00 x 50.00
- Lot Features: Level
- Lot Description: Level
Financial Considerations
- Tax Amount: $11,361
- Tax Year: 2024
- Terms: Unit 1(Month-Month), Unit 2(Month-Month), Unit 4(Month-Month)
Disclosures and Reports
- Property ID: UNDEFINED
Listed by Re/Max Pinnacle
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Price & Sales History for 107 Madison Ave
Date
Details
Price
Change
Source
5/06/2026
Listed
$699,900
16.65%
MLS
1/04/2024
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,361
8%
$453,000
19%
2022
$10,539
-8%
$381,700
—
2021
$11,394
4%
$381,700
4%
2020
$10,965
9%
$366,600
394%
2018
$10,021
4%
$74,200
—
2017
$9,616
4%
$74,200
—
2016
$9,265
-12%
$74,200
-78%
2019
$10,476
16%
$337,600
355%
2015
$9,035
3%
$74,200
—
2013
$8,734
—
$74,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 Madison Ave
107 Madison Avenue, Dunellen, NJ 08812 (MLS# 2615184R) is a Triplex property with 0 bedrooms and 0 full bathrooms. 107 Madison Avenue is currently listed for $699,900 and was received on May 06, 2026. Want to learn more about 107 Madison Avenue? Do you have questions about finding other Triplex real estate for sale in Dunellen? You can browse all Dunellen real estate or contact a Coldwell Banker agent to request more information.

