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$439,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 21 hours ago

Next open house:

Open House: 1:30 PM - 3:30 PM

Sunday 4/19 1:30 PM - 3:30 PM

45 Madison St,Newton, NJ 07860

45 Madison StNewtonNJ07860

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Well-maintained two-family home located in desirable Newton. Both units are currently tenant-occupied, making this an excellent opportunity for investors or buyers looking for immediate rental income. Each unit offers comfortable living space with functional layouts and strong rental potential. Conveniently located near local shops, restaurants, public transportation, and major highways. A great opportunity to own a multi-family property in a sought-after area.

Full Property Details for 45 Madison St

General

  • Price: $439,900
  • Taxes: $9,274 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4020242
  • Updated: 4/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 8

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Deck

Location

  • County: Sussex
  • Driving Directions: Main St - Sparta Ave - Madison St

School Information

  • Elementary School: MERRIAM AV
  • Middle School: HALSTED ST
  • High School: NEWTON

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: Radiators - Hot Water
  • Heating Fuel: Oil Tank Above Ground - Inside

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1872
  • Remodeled/Updated: 2020

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 00000.093 AC.
  • Driveway/Sidewalk: 1 Car Width

Financial Considerations

  • Assessment Amount: $277,700
  • Land Assmt: $75,600
  • Tax Amount: $9,274
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Washer / Dryer owned by Tenant
  • Disclosures: Yes
  • Block: 14.04
  • Lot Number: 39

Listed by United Real Estate

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Listing agent

— 45 Madison St —

  • United Real Estate

973-930-7711

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

Schools serving 45 Madison St

School District:Newton Town School District
NameGradesDistance
Halsted Street Middle School
59 Halsted Street, Newton, NJ 07860
6-80.1 mi
Merriam Avenue Elementary School
81 Merriam Avenue, Newton, NJ 07860
PK-50.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 45 Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$439,900
231.62%
MLS
5/26/2020
Sold
$132,650
—
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 45 Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,275
46%
$353,300
152%
2022
$6,335
—
$140,400
—
2021
$6,307
-27%
$140,400
—
2020
$8,625
4%
$140,400
-28%
2018
$8,313
-1%
$195,000
—
2019
$8,358
1%
$195,000
—
2017
$8,264
2%
$195,000
—
2016
$8,132
3%
$195,000
—
2015
$7,917
2%
$195,000
—
2013
$7,772
—
$195,000
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by United Real Estate

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45 Madison St, Newton, NJ 07860 (MLS# 4020242) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 45 Madison St is currently listed for $439,900 and was received on April 13, 2026. Want to learn more about 45 Madison St? Do you have questions about finding other Multi-Family real estate for sale in Newton? You can browse all Newton real estate or contact a Coldwell Banker agent to request more information.

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