5 Lee Ave
Madison Boro, NJ 07940-1709
- 4 beds
- 3 baths
- – sqft
- 6,098 sqft lot
- 1923 build
- – on site
Nestled in Madison's sought after Knollwood section, just blocks from town, train, and top rated schools, this 4 bedroom, 2.2 bath home sits proudly on a picturesque, tree-lined street with sidewalks and timeless curb appeal. Inside, natural light fills the open layout, where the kitchen with breakfast bar flows seamlessly into the dining room and cozy family room with fireplace. A first floor private office and stylish new powder room offer modern convenience, while the back door leads to a deck, patio, and lush, newly landscaped yard perfect for relaxing or entertaining. Upstairs three bedrooms and a full bath offer space and flexibility, while the private primary suite a true sanctuary enjoys its own level and is complete with walk in closet and full bath. The finished lower level includes a second powder room and room for recreation, play, or storage. Thoughtful updates abound: new roof, newly landscaped yard with sprinkler system, a new driveway, freshly painted exterior, new first floor powder room, new front steps with a stunning bluestone walkway, and numerous other updates. A two-car garage completes this picture perfect home in one of Madison's most beloved neighborhoods. Charming, updated, and ideally located, this is the one that feels like home the moment you arrive!
Last checked:
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Last updated Apr 25, 2025
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MLS# 3958934 —
The Building
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Construction Date/Year Built:Renovated
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Construction Date/Year Built:1923
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Renovated Year:2000
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Style:Colonial
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Primary Style:Colonial
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Roof Description:Asphalt Shingle
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Exterior Description:Clapboard
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Color of Building:gray
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Basement:Yes
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Handicap Modified:No
Interior
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Interior Features:Blinds, Carbon Monoxide Detector, Cedar Closets, Drapes, High Ceilings, Smoke Detector, Walk-In Closet
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Flooring:Carpeting, Tile, Wood
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# of Rooms:9
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Level 1 Rooms:Dining Room, Family Room, Kitchen, Office, Powder Room
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Level 2 Rooms:3 Bedrooms, Bath Main
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Level 3 Rooms:1 Bedroom, Bath Main
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Kitchen Level:First
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Kitchen Area:Breakfast Bar
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Dining Room Level:First
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Dining Area:Formal Dining Room
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Family Room Level:First
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Basement Level Rooms:Laundry Room, Powder Room, Rec Room, Storage Room, Utility Room
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Basement Description:Bilco-Style Door, Finished-Partially, French Drain, Full
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Other Room 1 Level:First
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Other Room 1:Office
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Other Room 2 Level:First
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Other Room 3 Level:Basement
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Other Room 3:Rec Room
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# of Fireplaces:1
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Fireplace Description:Family Room, Wood Burning
Financial & Terms
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Possession:POT
Location
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Directions:Hamilton St to Lee Ave
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Latitude:40.76105
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Longitude:-74.40688
The Property
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Property Subtype:Single Family
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Approx Lot Size:0 Sqft
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Lot Description:Level Lot, Open Lot
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Total Acres:0 Sqft
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Lot Identifier:3
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Zoning:Residential
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Exterior Features:Deck, Patio, Privacy Fence, Sidewalk, Thermal Windows/Doors, Underground Lawn Sprinkler, Wood Fence
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Easements:Unknown
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Assessment Land:320700
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (201) 400-8714
- Office phone:
- (973) 310-6816
Taxes
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Tax ID:*
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Tax ID For Property:2317-00911-0000-00003-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:2.130
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Tax Amount:$12,980
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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City Code Tax:*
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County Tax:$*
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County Code Tax:*
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Zip Code Tax:*
Beds
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# of Bedrooms:4
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Master Bedroom Description:Full Bath, Walk-In Closet
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Bedroom 1 Level:Third
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Bedroom 2 Level:Second
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Bedroom 3 Level:Second
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Bedroom 4 Level:Second
Baths
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# of Baths:2.20
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# of Full Baths:2
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# of Half Baths:2
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Master Bath Features:Stall Shower
Heating & Cooling
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Cooling:2 Units, Central Air, Multi-Zone Cooling
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Heating:1 Unit, Baseboard - Electric, Radiant - Electric, Radiators - Steam
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Water Heater:Gas
Utilities
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Utilities:Gas In Street
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Water:Public Water
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Fuel Type:Electric, Gas-Natural
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Sewer:Public Sewer
Appliances
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Appliances:Carbon Monoxide Detector, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump
Schools
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Middle Or Junior School:Madison Jr
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High School:Madison
The Community
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Section/Subdiv/Development:The Knollwood Section
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Community Living:No
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Assessment Total:609400
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Assessment Total Tax:*
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Assessment Bldg:288700
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Assess Amount Building Tax:*
Parking
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# of Garage Spaces:2
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Garage Description:Detached Garage, Garage Door Opener
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# of Parking Spaces:2
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Parking/Driveway Description:1 Car Width, Blacktop
Extra Units
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In-Law Suite:No
Monthly cost estimate

Asking price
$1,100,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,890
|
Taxes | N/A |
Insurance | $302 |
Utilities | N/A |
Total | $6,192/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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4/25/25
Apr 25, 2025
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Coming Soon | GSMLS | $1,100,000 | 35.8% (4.3% / YR) |
12/16/16
Dec 16, 2016
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GSMLS | $810,000 | 1.4% | |
10/27/16
Oct 27, 2016
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GSMLS | $799,000 | -3.2% |

69% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $130k above asking price on average, but some went as high as $620k over asking price.