Recently Listed Open House 5/16 12pm - 2:30pm
107 Madison Ave
Dunellen, NJ, 08812 $ 699,900
Bedrooms4 Baths3.0 Monthly Estimate*
$ 4,309
for $699,900 with 4 bedrooms and 3 full baths. This home was built in 1950 on a lot size of 0.11.
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.
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Open House
5/16/2026 12:00 PM - 2:30 PM
5/17/2026 12:00 PM - 2:30 PM
107 Madison Ave Dunellen, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector Wood Floors
Basement Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 4
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GeneralSewer Public Sewer
Heating 2 Units Baseboard - Electric Forced Hot Air
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 2
Architectural Style 3-Three Story
Exclusions Tenant Personal Property
Year Built 1950
Garage Detached Garage
Township Dunellen Boro
Tax Year 2025
Gross Income 64200
County Middlesex
Net Operating Income 51383
Operating Expense 12817
Subdivision Name Downtown Redevelopment Zone
Total Rooms 9
Full Baths 3
Status Active
Directions Rt. 28 (North Ave) to Madison Avenue. House is across from the Dunellen Theatre.
High School DUNELLEN
Open Parking Spaces 4
Number Of Units Total 3
Elementary School J.P.FABER
Tax Annual Amount 11089
Middle/Junior High School LINCOLN MS
Drive 1 Car Width Blacktop Driveway-Shared Off-Street Parking On-Street Parking
Standard Status Active
Tax Assessed Value 565000
Town # 2103
Tax Lot 38.01
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ExteriorExterior Amenities Patio Sidewalk
Lot Features Level Lot
Water Source Public Water
Exterior Description Composition Siding
Lot Dimensions 50X100
Lot Size Acres 0.11
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* Excluded FeaturesList BySTEWART DANIELSListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $4,309
- Monthly Property Taxes
- $924
- 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.
Learn more about how to save NearbyMulti-family listings in Dunellen, NJ
Average List Price $595,533
Percent of Sale Price 15%
About Dunellen, NJ 7,173 Population
5% Since 2002
$ 77,139 Median Income
39.3 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
291254 Elementary School
289875 Middle School
Dunellen High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $699,900 | | Listed Price |