49 Park Avenue Madison, NJ $ 2,499,000
49 Park Avenue
$ 2,499,000
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49 Park Avenue

Madison, NJ, 07940
$ 2,499,000
Bedrooms7 Baths5.0

Monthly Estimate*

$ 15,387

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Multi-Family Home for sale in Madison, NJ

for $2,499,000 with 7 bedrooms and 5 full baths.

Stunning Puddingstone Victorian blending modern luxury and old-world charm. Beautifully restored top to bottom: new flooring, mechanicals, central air, custom built-ins, and high-end finishes throughout. Iconic details include carved woodwork, custom arched front doors, copper accents, and purple-hued puddingstone that sparkles in the sun. A rare chance to own historic architecture with every modern comfort while near shops, restaurants, parks, and NJ Transit. Currently a two-family home. Unit #1 (ground + lower level): 3 BR, 2 BA with historical character flowing into an open-concept kitchen with center island and dining/living space. First-floor bedroom features a decorative fireplace and oversized floor-to-ceiling windows. Lower level walks out to a covered patio, backyard, and private parking with two EV charging stations. Unit #2 (2nd + 3rd level): 4 BR, 3 BA with exquisite finishes and thoughtful design. Stylish kitchen with high-end appliances and ample storage. Show-stopping primary suite boasts 20' cathedral ceilings, exposed wood beams, a dressing area, walk-in closet, and stunning en suite. Curb appeal is an understatement for this property with fresh new landscaping, private parking with charging stations, rear deck and a spacious backyard area! Prime location allows you to embrace the best of suburban living with direct access to Main Street in Madison, fun neighboring towns, and a just quick trip to NYC!

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Multi-Family Active

Price

$ 2,499,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,270

Style

2 Family

Town/City

Madison

County/Region

Morris

MLS | Web ID

26023201

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Architectural Style 2 Family
Rooms None
County MORRIS
Property Type 2-4 Family
HOA N
Total Rooms 13
Full Baths 5
Status Active - Active
City Madison Borough
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details Pre 1900 Build Prior to 1978
Tax Annual Amount 11270.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features Hook Ups
Total Bedrooms 7
Total Baths 5
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* Excluded Features

Affordability Calculator

$16,326
Per Month
94%
6%
0%
Monthly Principal & Interest
$15,387
Monthly Property Taxes
$939
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2026$2,499,000 Listed Price

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49 Park Avenue, Madison, NJ, 07940 is a Multi-Family Home for sale at $2,499,000. 49 Park Avenue has 7 bedrooms and 5.0 baths. The property's zip code is 07940 which is in Madison, NJ