Madison NJ Multi Family for Sale
$695,000
12 CROSS ST Madison, NJ 07940
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 3923641
View additional info
Courtesy: COMPASS NEW JERSEY, LLC
973-310-6816
ADDITIONAL INFORMATION
Charming historic home is the perfect entry point into Madison for an owner-occupied rental, an investment property, or for a conversion back to a single-family home. Owner's family home was lovingly renovated and converted to a two family in 2013. Great care has been taken to modernize and maintain this wonderful home. All utilities were split by unit and plumbing and electrical infrastructure was modernized. Kitchens in each unit were installed in 2013 with stainless steel appliances and granite countertops. All windows were updated, and radiator heating was converted to baseboard. Lovely hardwood floors run throughout. Appliances, boilers and hot water heaters have been updated, a sump pump system added and a new roof installed in 2021. Location is centrally located with an easy walk to the train station, YMCA, Whole Foods, Starbucks, and the wonderful shops and restaurants of downtown Madison.Units are currently rented well below market value.
$719,999
24 LOVELAND ST Madison, NJ 07940
- Type:
- Multi-Family
- Sq.Ft.:
- 1,779
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.21 Acres
- Year built:
- 1932
- Baths:
- 2.00
- MLS#:
- 3921068
View additional info
Courtesy: REALTY EXECUTIVES MOUNTAIN PROP.
973-827-6767
ADDITIONAL INFORMATION
OPPORTUNITY KNOCKS! UPDATED 2-FAMILY HOME IN THE HEART OF MADISON! WALK TO SCHOOLS, TOWN, PUBLIC TRANSPORTATION, PARKS & YMCA! (RENTAL AMOUNTS ARE BELOW MARKET VALUE) TOP RATED SCHOOL SYSTEM! LOW TAXES! LIVE IN ONE UNIT & RENT THE OTHER! WOW! (Interior pics up shortly)
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Madison Real Estate
The median home value in Madison, NJ is $988,000. This is higher than the county median home value of $427,800. The national median home value is $219,700. The average price of homes sold in Madison, NJ is $988,000. Approximately 68.77% of Madison homes are owned, compared to 27.32% rented, while 3.91% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!
Madison, New Jersey has a population of 16,080. Madison is more family-centric than the surrounding county with 47.31% of the households containing married families with children. The county average for households married with children is 38.31%.
The median household income in Madison, New Jersey is $127,948. The median household income for the surrounding county is $107,034 compared to the national median of $57,652. The median age of people living in Madison is 39.7 years.
Madison Weather
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 49.3 inches per year, with 25.3 inches of snow per year.