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5 West St

Madison Boro, NJ 07940-1429

3 beds
2 baths
1,295 sqft
7,405 sqft lot
$490 per sqft
1850 build
– on site

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.

Listing courtesy of GSMLS / PETER SISCA, 855-450-0442 / REAL

Last checked: Checking… • Last updated Apr 4, 2025 •

MLS# 3943777 —

This home is listed in more than one place. See it here.

The Building

Construction Date/Year Built:

1850
Style:

Colonial
Primary Style:

Colonial
Roof Description:

Asphalt Shingle
Exterior Description:

See Remarks
Basement:

Yes

Interior

# of Rooms:

8
Kitchen Area:

Eat-In Kitchen
Basement Description:

Bilco-Style Door, Crawl Space, Unfinished
# of Fireplaces:

1
Fireplace Description:

Living Room

Financial & Terms

Possession:

at closing

Location

Directions:

Take I-287 to Exit 35A for Route 124 East. Continue on Main St, then turn right onto West St. 5 West St will be on your right.
Latitude:

40.76584
Longitude:

-74.42393

The Property

Property Subtype:

Single Family
Approx Lot Size:

0 Sqft
Approx SqFt:

1,295 Sqft
Total Acres:

0 Sqft
Lot Identifier:

2
Easements:

No
Assessment Land:

199400
Assess Amount Land Tax:

*

Listing Agent

Contact info:

Taxes

Tax ID:

*
Tax ID For Property:

2317-01201-0000-00002-0000-
Tax Year:

2024
Tax Year:

*
Tax Rate:

*
Tax Rate Year:

2024
Tax Rate Amount:

2.130
Tax Amount:

$7,082
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

Baths

# of Baths:

2.00
# of Full Baths:

2

Heating & Cooling

Heating:

Radiators - Hot Water
Water Heater:

Gas

Utilities

Utilities:

Electric, Gas-Natural
Water:

Public Water
Fuel Type:

Gas-Natural
Sewer:

Public Sewer

Appliances

Appliances:

Range/Oven-Gas

Schools

Grade School:

Torey J.
Middle Or Junior School:

Madison Jr
High School:

Madison

The Community

Community Living:

No
Services:

Cable TV Available, Fiber Optic Available
Assessment Total:

332500
Assessment Total Tax:

*
Assessment Bldg:

133100
Assess Amount Building Tax:

*

Parking

# of Parking Spaces:

5
Parking/Driveway Description:

Driveway-Exclusive

Monthly cost estimate

Asking price

$635,000

Expense	Monthly cost
Mortgage	$3,400
Taxes	N/A
Insurance	$174
Utilities	$172 See report
Total	$3,746/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/1/25 Apr 1, 2025	Listed / Active	GSMLS	$635,000
2/27/25 Feb 27, 2025	Sold Subject To Contingencies	GSMLS	$635,000
2/20/25 Feb 20, 2025	Price Changed	GSMLS	$635,000	-2.3%

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This house located in Madison, NJ 07940-1429 is currently for sale for $635,000. 5 West St is a 1,295 square foot house with 3 beds and 2 baths that has been on Estately for 65 days. This house is in the attendance area of Madison High School, Madison Junior School, and Torey J. Sabatini School.

Listing courtesy of GSMLS / PETER SISCA, 855-450-0442 / REAL

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.