132 Park Ave Madison, NJ ^$ 1,600,000

132 Park Ave

^$ 1,600,000

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Open House 3/28 12pm - 4pm

132 Park Ave

Madison, NJ, 07940

^$ 1,600,000

Bedrooms5 Baths4.0

Monthly Estimate*

^$ 9,851

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Multi-Family Home for sale in Madison, NJ

for $1,600,000 with 5 bedrooms and 4 full baths. This home was built in 1943 on a lot size of 0.34.

Great Town and a Great home, excellent school system. Excellent Location; close to center of town for great shopping and many tasty food options. Unit 1 is 1st floor has 2 full bathroom plus finished basement, unit 2 is the 2nd floor. 1 car attached garage with plenty of parking and long driveway. Huge Back yard and nice Paver Patio to enjoy the outdoors, Over 1/3 of acre of property in Madison, Approx 99 wide X146-153 Deep Lot, property will be Delivered vacant at closing, live in one and rent one or as Investment property.

Open House

3/28/2026 12:00 PM - 4:00 PM

3/29/2026 12:00 PM - 4:00 PM

132 Park Ave Madison, NJ

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Coming Soon

Price

^$ 1,600,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 11,346

Style

2-Two Story

Lot Size

0.34

Year Built

1943

Town/City

Madison

County/Region

Morris

MLS | Web ID

4016058

Features

General

Sewer Public Sewer

Heating 1 Unit Radiators - Steam

Cooling See Remarks

Utilities Electric Gas-Natural

Possession 30-60

Roof Asphalt Shingle

Zoning 2 Family

Garage Spaces 1

Architectural Style 2-Two Story

Year Built 1943

Garage Attached Garage

Township Madison Boro

Tax Year 2025

Gross Income 0

County Morris

Net Operating Income 0

Operating Expense 0

Subdivision Name Madion - Park Ave

Total Rooms 11

Full Baths 4

Status Coming Soon

Directions Columbia Turnpike to Park Ave

High School Madison

Open Parking Spaces 6

Number Of Units Total 2

Elementary School Madison

Tax Annual Amount 11346

Middle/Junior High School Madison

Drive Blacktop Driveway-Exclusive

Standard Status Coming Soon

Tax Assessed Value 503400

Town # 2318

Tax Lot 35

Interior

Basement Finished

Unit 1 Baths Total 3.0

Unit 1 Beds Total 3

Unit 2 Baths Total 1.0

Unit 2 Beds Total 2

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 5

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description Brick

Lot Dimensions 0.340 AC

Lot Size Acres 0.34

* Excluded Features

List By

ABDELWAHEED ALBUKHARI

Listing Agent

Top Value Realty

Broker

Topvaluerealty@gmail.com

Affordability Calculator

$10,797

Per Month

Monthly Principal & Interest: $9,851
Monthly Property Taxes: $946
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Madison, NJ

Average List Price ^$2,166,667

Percent of Sale Price 35%

About Madison, NJ

16,228 Population

-1% Since 2002

^$124,037 Median Income

37.73 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5426424 Elementary School

4568604 Middle School

Madison High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/23/2026	$1,600,000		Listed Price

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132 Park Ave, Madison, NJ, 07940 is a Multi-Family Home for sale at $1,600,000 with a lot size of 0.34. 132 Park Ave has 5 bedrooms, 4.0 baths, and was built in 1943. The property's zip code is 07940 which is in Madison, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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132 Park Ave

Multi-Family Home for sale in Madison, NJ

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