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$780,000 Just Listed
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Property Description
Versatile 2-family in a premier residential zone, perfect for commuters & investors. Unit 1: 1st Floor, Features spacious 3BR/1BA with an oversized living room. 2nd Floor Unit 2: Fully renovated 2BR/1BA featuring modern finishes & move-in ready appeal. Bonus Space: Fully finished basement includes a wet-bar, 1 Full bath, and 2 versatile bonus rooms. The exterior of the home has a private backyard, large driveway & a detached 2-car garage with ample storage space. This is a prime location with immediate access to major highways (GSP/I-78) & public transit. Turnkey opportunity for owner-occupant or high-yield investment! The 2nd floor lease expires in May and the 1st floor is month to month. Client leases solar panels for approximately $60/per month.
Full Property Details
Full Property Details for 931 Madison Ave
General
- Price: $780,000
- Taxes: $9,767 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4008905
- Updated: 2/9/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Bar-Wet, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Union
- Driving Directions: Elmwood Ave to Madison Ave
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 1 Unit, Radiant - Hot Water
- Heating Fuel: Electric, Natural Gas, Oil Tank Above Ground - Outside
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1940
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 56 x 100
- Driveway/Sidewalk: 1 Car Width, 2 Car Width
Financial Considerations
- Assessment Amount: $23,300
- Land Assmt: $20,400
- Tax Amount: $9,767
- Tax Year: 2024
Disclosures and Reports
- Exclusions: 2nd Fl Unit - microwave & basement - washer & dryer excluded
- Block: 4107
- Lot Number: 40
Listed by Real
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Schools
Schools serving 931 Madison Ave
School District:Union Township School District, Union Township, NJ
| Name | Grades | Distance |
|---|---|---|
Burnet Middle School 1000 Caldwell Avenue, Union, NJ 07083 | 6-8 | 0.2 mi |
Connecticut Farms Elementary School 875 Stuyvesant Avenue, Union, NJ 07083 | PK-4 | 0.4 mi |
Union Senior High School 2350 North 3rd Street, Union, NJ 07083 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 931 Madison Ave
Date
Details
Price
Change
Source
2/09/2026
Listed
$780,000
32.2%
MLS
11/23/2021
Sold
$590,000
—
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 931 Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,767
7%
$43,700
—
2022
$9,140
6%
$43,700
4%
2021
$8,592
5%
$42,100
—
2018
$8,166
2%
$42,100
—
2017
$8,045
2%
$42,100
—
2016
$7,849
-6%
$42,100
—
2019
$8,308
8%
$42,100
—
2015
$7,719
4%
$42,100
—
2013
$7,410
—
$42,100
—
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 931 Madison Ave
931 Madison Ave, Union Township, NJ 07083 (MLS# 4008905) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 931 Madison Ave is currently listed for $780,000 and was received on February 09, 2026. Want to learn more about 931 Madison Ave? Do you have questions about finding other Multi-Family real estate for sale in Union Township? You can browse all Union Township real estate or contact a Coldwell Banker agent to request more information.

