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$2,499,000 Just Listed
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Property Description
Stunning Puddingstone Victorian blending modern luxury and old-world charm. Beautifully restored top to bottom: new flooring, mechanicals, central air, custom built-ins, and high-end finishes throughout. Iconic details include carved woodwork, custom arched front doors, copper accents, and purple-hued puddingstone that sparkles in the sun. A rare chance to own historic architecture with every modern comfort while near shops, restaurants, parks, and NJ Transit. Currently a two-family home. Unit #1 (ground + lower level): 3 BR, 2 BA with historical character flowing into an open-concept kitchen with center island and dining/living space. First-floor bedroom features a decorative fireplace and oversized floor-to-ceiling windows. Lower level walks out to a covered patio, backyard, and private parking with two EV charging stations. Unit #2 (2nd + 3rd level): 4 BR, 3 BA with exquisite finishes and thoughtful design. Stylish kitchen with high-end appliances and ample storage. Show-stopping primary suite boasts 20' cathedral ceilings, exposed wood beams, a dressing area, walk-in closet, and stunning en suite. Curb appeal is an understatement for this property with fresh new landscaping, private parking with charging stations, rear deck and a spacious backyard area! Prime location allows you to embrace the best of suburban living with direct access to Main Street in Madison, fun neighboring towns, and a just quick trip to NYC!
Full Property Details
Full Property Details for 49 Park Ave
General
- Price: $2,499,000
- Taxes: $11,270 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4035815
- Updated: 6/20/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Bar-Dry, Beam Ceilings, Cathedral Ceiling, Chandelier, High Ceilings, Walk-In Closet, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Curbs, Deck, Patio, Sidewalk, Underground Lawn Sprinkler
Location
- County: Morris
- Driving Directions: Ridgedale Ave to Park Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air, Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story, Under/Over
- Exterior Const.: CedarSid, Stone, Wood
- Basement: Yes
- Basement Desc.: Walk-Out
- Roof: Asphalt Shingles, Metal
- Year Built: 1820
- Remodeled/Updated: 2026
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Living/Dining Room, Master Bedroom
- Square Feet: 2158
- Levels/Stories: 2
- Fireplaces: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room, Living/Dining Room, Master Bedroom
- Square Feet: 2140
- Levels/Stories: 2
- Total Bathrooms: 3
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.37
- Lot Dimensions: 0.373 AC
- Driveway/Sidewalk: Parking Lot-Shared
Financial Considerations
- Assessment Amount: $278,200
- Land Assmt: $221,800
- Tax Amount: $11,270
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 1101
- Lot Number: 7.01
Listed by CHRISTIE'S INT. REAL ESTATE GROUP
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Price & Sales History for 49 Park Ave
Date
Details
Price
Change
Source
6/20/2026
Listed
$2,499,000
177.67%
MLS
6/25/2024
Sold
$900,000
—
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 49 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,650
3%
$500,000
—
2023
$10,295
—
$500,000
—
2022
$10,270
1%
$500,000
—
2021
$10,130
5%
$500,000
—
2018
$9,615
1%
$500,000
—
2017
$9,540
-3%
$500,000
—
2019
$9,865
5%
$500,000
—
2016
$9,375
2%
$500,000
—
2015
$9,200
-3%
$500,000
—
2013
$9,477
—
$500,000
-7%
2013
$9,477
—
$540,300
—
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 49 Park Ave
49 Park Ave, Madison, NJ 07940 (MLS# 4035815) is a Multi-Family property with 2 units containing 7 bedrooms and 5 full bathrooms. 49 Park Ave is currently listed for $2,499,000 and was received on June 20, 2026. Want to learn more about 49 Park Ave? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

