5 West St, Madison Boro NJ, 07940

Active

5 West St

Madison Boro NJ, 07940

$635,000

$490.35 per sqft

Active

3 Beds

2 Baths

1,295 sqft

Residential

Built in 1850

Opportunity Knocks in Madison, NJ!This 3-bedroom, 2-bath property sits in a prime location with low taxes and endless potential! Situated in a desirable neighborhood within the highly regarded Madison Public School District, this property offers a fantastic opportunity for buyers looking to renovate, rebuild, or explore potential redevelopment.Just minutes from Fairleigh Dickinson University, Drew University, downtown Madison, and major transportation, the location is unbeatable. Nearby, you'll find local landmarks like the Shakespeare Theatre of New Jersey, the Museum of Early Trades & Crafts, and the scenic Giralda Farms Preserve.The spacious lot may offer the possibility of rezoning for a multifamily residence (buyers to conduct their own due diligence). Whether you're an investor, builder, or buyer looking to create something new, this property is a rare find.Floor plans and survey available upon request. Square footage is approximate.

3943777

MLSⓇ ID

January 30, 2025

Listed

February 20, 2025

Updated

Interior Features

Bedrooms: 3
Total Bathrooms: 2
Full Bathrooms: 2
Interior Features: Eat-in Kitchen
Appliances: Gas Oven, Gas Range, Gas Water Heater
Fireplace: Yes
Fireplace Description: Living Room
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.17 Acres
Architectural Style: Colonial
Roof: Asphalt
Sewer: Public Sewer

School Information

High School: Madison
Elementary School: Torey J.

Other Property Details

Taxes: $7,082
Tax Frequency: Annually
Garage: No
View: No
County: Morris
Water Source: Public
Pool: No
Utilities: Cable Available

Listing History

Date	Event	Price
2/20/2025	Price change	$635,000 -3%
2/15/2025	Price change	$649,899 -1%

Courtesy of REAL with PETER SISCA,
Listing Contact:

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