2 months on rocket

505 Madison Ave, Dunellen Boro, NJ, 08812

$599,999

Home List Price

$7,125*

Closing Credit

11 Bedrooms
4 Full Baths
Multi

Location

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505 Madison Ave, Dunellen$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAdditional Parking, Detached Garage
Garage2 spaces
Year Built1913
HeatingMulti Unit(s), Natural Gas
BasementYes
MLS #3929976
Lot Size0.17 Acres
StatusActive

About 505 Madison Ave

Do not miss the opportunity to invest in an income-generating property located in the heart of Dunellen, offering over 8 parking spaces. HB on December 16th at 8pm

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1913

Listing Office:

  • Office Name: PREMIER HOMES
  • Office Phone: (908) 245-6767

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas

Other

Directions Information:

  • Directions: Dunellen Theatre go straight on Madison Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999
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Housing Market Comparison

See how this home compares to others in Dunellen, NJ.

Med. Sold Price

$519K

Med. Price/SqFt

$303

Avg. Days On Market

42

# of Sold Homes

6

505 Madison Ave vs Dunellen

60 DAYS ON ROCKET

+18 Days

$599,999

+$80.9K More

KEY TAKEAWAY

This property is $80.9K more than the Median Sold Price in Dunellen, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3929976

Listing Office:

  • Office Name: PREMIER HOMES
  • Office Phone: (908) 245-6767

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Notice: The dissemination of listings displayed herein 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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 8:30:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4259461
7
/10
  • Irene E. Feldkirchner Elementary School

  • 105 Andrew St

  • 0.65 miles

  • Public District Grades PK-4

school-card-donut-4259462
5
/10
  • John P. Faber Elementary School

  • 400 High St

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-4259463
2
/10
  • Jefferson Elementary School

  • 1700 W Front St

  • 0.94 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,877. Typical income of Dunellen, NJ residents is between $100k-200k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyMiddlesex CountyDunellen08812505 Madison Ave

This home is located at 505 Madison Ave in Dunellen Boro, NJ and zip code 08812. This home, which was built in 1913, sits on a 0.17 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $599,999.

In November 2024, from all listings sold in Dunellen, NJ there were more than 4 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Dunellen, NJ increased by 24.1% between October 2024 and November 2024. In November 2024 median list price was $519,050 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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