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$699,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
  • Updated 9 hours ago
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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 for 107 Madison Ave

General

  • Price: $699,900
  • Taxes: $11,089 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4025562
  • Updated: Today (5/6/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 9
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Patio, Sidewalk

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Detached Garage

Location

  • County: Middlesex
  • Subdivision: Downtown Redevelopment Zone
  • Driving Directions: Rt. 28 (North Ave) to Madison Avenue. House is across from the Dunellen Theatre.

School Information

  • Elementary School: J.P.FABER
  • Middle School: LINCOLN MS
  • High School: DUNELLEN

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 2 Units, Electric Baseboard, Forced Hot Air
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Composition Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt Shingles
  • Year Built: 1950

Unit Information

Unit 1

  • Unit Description: Eat-In Kitchen, Living/Dining Room, See Remarks
  • Square Feet: 350
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Bedrooms, Den, Eat-In Kitchen, Living Room, See Remarks
  • Square Feet: 1100
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Kitchen, Living Room, Master Bedroom, See Remarks
  • Square Feet: 850
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 50 x 100
  • Driveway/Sidewalk: 1 Car Width, Blacktop, Driveway-Shared, Off-Street Parking, On-Street Parking
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Cold Water, Garbage Collection, Insurance, Taxes
  • Operating Expenses: $8,612
  • Assessment Amount: $465,000
  • Land Assmt: $100,000
  • Tax Amount: $11,089
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Tenant Personal Property
  • Block: 34
  • Lot Number: 38.01

Listed by Re/Max Pinnacle

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Listing agent

— 107 Madison Ave —

  • Re/Max Pinnacle

908-306-9600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 107 Madison Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$699,900
16.65%
MLS
1/04/2024
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
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 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.

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with our affiliated lender
NMLS#: 1598647

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Listed by Re/Max Pinnacle

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107 Madison Ave, Dunellen, NJ 08812 (MLS# 4025562) is a Multi-Family property with 3 units containing 4 bedrooms and 3 full bathrooms. 107 Madison Ave is currently listed for $699,900 and was received on May 06, 2026. Want to learn more about 107 Madison Ave? Do you have questions about finding other Multi-Family real estate for sale in Dunellen? You can browse all Dunellen real estate or contact a Coldwell Banker agent to request more information.

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