54 Knollwood Ave Madison, NJ $ 1,250,000
54 Knollwood Ave
$ 1,250,000
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54 Knollwood Ave

Madison, NJ, 07940
$ 1,250,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 7,696

54 Knollwood Ave, Madison, NJ 07940 - Image 1
54 Knollwood Ave, Madison, NJ 07940 - Image 2
54 Knollwood Ave, Madison, NJ 07940 - Image 3
54 Knollwood Ave, Madison, NJ 07940 - Image 4
54 Knollwood Ave, Madison, NJ 07940 - Image 5

Single Family Home for sale in Madison, NJ

for $1,250,000 with 3 bedrooms and 2 full baths. This home was built in 1948 on a lot size of 0.22.

Set on one of Madison's most beloved streets within the neighborhood it quite literally defines this immaculately maintained and thoughtfully updated 3-bedroom, 2-bath home offers a rare opportunity to own a property cherished for over 40 years. Tucked mid-block on an oversized, beautifully proportioned lot, the setting is as special as the home itself.Inside, a warm, welcoming layout blends timeless character with meaningful updates. Sunlight fills every room, highlighting gleaming hardwood floors, well-proportioned living spaces, and an easy flow ideal for everyday living and entertaining. The updated kitchen anchors the home with both function and style, seamlessly connecting to the living and dining areas.Upstairs, three comfortable bedrooms offer peaceful retreats, complemented by a full bath that has been tastefully maintained. Every inch of this home reflects a rare level of care mechanically, structurally, and aesthetically. Outdoors, the oversized lot offers endless potential for expansion, entertaining, or simply enjoying the privacy and space that's increasingly hard to find. Mature landscaping and a prime mid-block location enhance the sense of tranquility. Offered for the first time in a generation, this is more than a home - it's a legacy property in one of Madison's most coveted neighborhoods.

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Single Family Coming Soon

Price

$ 1,250,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 13,776

Style

Colonial

Lot Size

0.22

Year Built

1948

Town/City

Madison

County/Region

Morris

MLS | Web ID

4019923

Features
General
Sewer Public Sewer
Heating 1 Unit
Cooling 1 Unit
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle
Appliances Dishwasher Dryer Range/Oven-Gas Refrigerator Washer
Garage Spaces 2
Architectural Style Colonial
Exclusions Basement fridge chest freezer horse on weather vane (N/S/E/W stays)
Year Built 1948
Garage Built-In Garage Garage Under Oversize Garage
Township Madison Boro
Tax Year 2025
Ownership Fee Simple
County Morris
Subdivision Name Knollwood
Total Rooms 8
Full Baths 2
Status Coming Soon
Directions Rosedale or Greenwood to Knollwood. House is number 54 but aka 56.
Open Parking Spaces 4
Tax Annual Amount 13776
Home Warranty Y/N No
Drive 1 Car Width 2 Car Width Blacktop Driveway-Exclusive
Standard Status Coming Soon
Tax Assessed Value 611200
Town # 2318
Tax Lot 17
Primary Style Colonial
Sub Property Type Single Family
Community Living No
Farm Assessment No
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Interior
Basement Unfinished Walkout
Flooring Carpeting Tile Wood
Total Fireplaces 1
Fireplace Features Living Room
Other Room 1 Level First
Kitchen Level First
Living Room Level First
Other Room 4 Level Basement
Dining Room Level First
Den Level First
Other Room 2 Level Second
Other Room 3 Level Basement
Family Room Level First
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 3
Kitchen Features Breakfast Bar Eat-In Kitchen Pantry Separate Dining Area
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Exterior
Pool No
Water Source Public Water
Exterior Description Composition Shingle
Lot Dimensions 0.2152 AC
Lot Size Acres 0.22
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* Excluded Features
List By
MEGHAN MULLIN

Listing Agent

Coldwell Banker Realty

Broker

meg.mullin@cbmoves.com

Email

Affordability Calculator

$8,844
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$1,148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$1,250,000 Listed Price

Map


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54 Knollwood Ave, Madison, NJ, 07940 is a Single Family Home for sale at $1,250,000 with a lot size of 0.22. 54 Knollwood Ave has 3 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 07940 which is in Madison, NJ