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107 Madison AVE Dunellen, NJ 08812
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Key Details
Sold Price $705,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $364
MLS Listing ID 2615184R
Sold Date 06/22/26
Year Built 1950
Annual Tax Amount $11,361
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.1148
Lot Dimensions 100.00 x 50.00
Property Sub-Type 3 Family
Source CJMLS API
Property Description
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
Location
State NJ
County Middlesex
Rooms
Basement Full, Storage Space, Laundry Facilities
Interior
Interior 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 Baseboard, Radiant, Baseboard Hotwater, Central
Cooling Ceiling Fan(s), A/C Window Unit(s)
Appliance Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Heat Source Natural Gas
Exterior
Exterior Feature Patio, Deck, Yard, Porch
Garage Spaces 2.0
Carport Spaces 4
Utilities Available Electricity Connected, Natural Gas Connected
Handicap Access Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features
Porch Patio, Deck, Porch
Building
Lot Description Level
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID UNDEFINED
Ownership Fee Simple
Energy Description Natural Gas
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