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107 Madison Ave, Dunellen, NJ, 08812

4beds
3baths
1,936sqft
$699,900
$362price/sqft
$5,237/moest. monthly cost
$209,480/yrincome needed

About This Home

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

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

6/10
3/10
Lincoln Middle SchoolGrades 6-80.2 mi
3/10
Dunellen High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(See Remarks,Gas),Water Heater,Unit 1(Range/Oven,Refrigerator),Unit 2(Range/Oven,Refrigerator),Unit 3(Range/Oven,Refrigerator)

Basement

  • Has basement: Yes
  • Basement: Full, Storage Space, Laundry Facilities

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

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)

Heating & Cooling

  • Heating features: Baseboard,Radiant,Baseboard Hotwater,Central
  • Cooling features: Ceiling Fan(s),A/C Window Unit(s)

Interior Area

  • Total structure area: 1,936
  • Total interior livable area: 1,936 sqft

Property

Accessibility

  • Accessibility features: Unit 1 Accessibility Features,Unit 2 Accessibility Features,Unit 3 Accessibility Features

Details

  • Parcel number: UNDEFINED

Features

  • Stories: 3
  • Patio & porch: Patio,Porch
  • Exterior features: Patio,Yard,Porch

Lot

  • Lot size: 5,000 sqft
  • Features: Level
  • Lot size dimensions: 100.00 x 50.00

Parking

  • Total spaces: 6
  • Parking features: Attached Carport,Garage,Attached,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 6
  • Carport: Yes
  • Carport spaces: 4