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39 North St

Madison Boro, NJ 07940-1103

3 beds
1.5 baths
1,169 sqft
~1/2 acre lot
$854 per sqft
1869 build
– on site

CALLING ALL BUILDERS, INVESTORS, CONTRACTORS, DEVELOPERS - 39 North is a prime opportunity in the highly desirable town of Madison. This 100' x 170' (17,000 sqft) double-wide lot is in an R-4 zone, allowing both single-family and multi-family development. Likely eligible for a possible subdivision, the lot meets town requirements for two buildable parcels, each exceeding the minimum lot size for either use. Multi-family requires 60' frontage, 110' depth, and 7,250 sqft. per lot, while single-family requires 50' frontage, 110' depth, and 6,250 sqft. per lot, providing ample space for two possible structures. Property currently features an existing home, positioned on only one half of the property that requires a full gut renovation and offers the option to be renovated and expanded or demolished for new construction. With flexible development potential, the property presents multiple possibilities - build two new homes, renovate while developing the second lot, or create a custom project maximizing its prime location. Opportunities like this are rare - bring your vision to life at your next project at 39 North. The property is being sold fully & strictly AS-IS.

Listing courtesy of GSMLS / NIREN SAKARIA, 973-970-8292 / RE/MAX SELECT

Last checked: Checking… • Last updated Feb 13, 2025 •

MLS# 3945900 —

The Building

Construction Date/Year Built:

1869
Style:

Colonial
Primary Style:

Colonial
Roof Description:

Asphalt Shingle
Exterior Description:

Vinyl Siding
Color of Building:

Yellow
Basement:

Yes

Interior

Flooring:

Laminate, Vinyl-Linoleum, Wood
# of Rooms:

5
Level 1 Rooms:

1 Bedroom, Bath Main, Kitchen, Living Room
Level 2 Rooms:

2 Bedrooms, Bath(s) Other
Kitchen Level:

First
Kitchen Area:

Eat-In Kitchen
Living Room Level:

First
Basement Description:

Bilco-Style Door, Full, Unfinished

Financial & Terms

Possession:

TRANS. OF TITLE

Location

Directions:

PARK AVENUE TO NORTH STREET
Latitude:

40.768616278051375
Longitude:

-74.41782206296922

The Property

Property Subtype:

Single Family
Approx Lot Size:

100 Sqft
Lot Description:

Level Lot, Possible Subdivision
Approx SqFt:

1,169 Sqft
Total Acres:

0 Sqft
Lot Identifier:

21
Zoning:

RES/MULTI
Easements:

Unknown
Assessment Land:

209200
Assess Amount Land Tax:

*

Listing Agent

Contact info:

Taxes

Tax ID:

*
Tax ID For Property:

2317-01109-0000-00021-0000-
Tax Year:

2024
Tax Year:

*
Tax Rate:

*
Tax Rate Year:

2024
Tax Rate Amount:

2.130
Tax Amount:

$7,335
Tax Amount:

$*
Lot ID Tax:

*
Lot Size Tax:

*
Acres Tax:

$*
Block ID Tax:

*
City Tax:

$*
City Code Tax:

*
County Tax:

$*
County Code Tax:

*
Zip Code Tax:

*

Beds

# of Bedrooms:

3
Bedroom 1 Level:

First
Bedroom 2 Level:

Second
Bedroom 3 Level:

Second

Baths

# of Baths:

1.10
# of Full Baths:

1
# of Half Baths:

1

Heating & Cooling

Cooling:

See Remarks
Heating:

Radiators - Hot Water
Water Heater:

Gas

Utilities

Utilities:

Electric, Gas-Natural
Water:

Public Water
Fuel Type:

Gas-Natural
Sewer:

Public Sewer

Appliances

Appliances:

See Remarks

The Community

Section/Subdiv/Development:

Yardley Village
Community Living:

No
Services:

Cable TV Available, Fiber Optic Available
Assessment Total:

344400
Assessment Total Tax:

*
Assessment Bldg:

135200
Assess Amount Building Tax:

*

Parking

# of Garage Spaces:

2
Garage Description:

Detached Garage, Garage Door Opener
# of Parking Spaces:

5
Parking/Driveway Description:

1 Car Width, Driveway-Exclusive

Monthly cost estimate

Asking price

$999,000

Expense	Monthly cost
Mortgage	$5,349
Taxes	N/A
Insurance	$274
Utilities	$164 See report
Total	$5,787/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
2/13/25 Feb 13, 2025	Listed / Active	GSMLS	$999,000

71% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $116k above asking price on average, but some went as high as $350k over asking price.

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This house located in Madison, NJ 07940-1103 is currently for sale for $999,000. 39 North St is a 1,169 square foot house with 3 beds and 1.5 baths that has been on Estately for 9 days. This house is in the attendance area of Madison High School, Madison Junior School, and Central Ave School.

Listing courtesy of GSMLS / NIREN SAKARIA, 973-970-8292 / RE/MAX SELECT

The data displayed relating to real estate for sale 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.

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.

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.