$875,000
PENDING

13 South St Madison, NJ 07940

Estimated payment $5,445/month

Total Views 2,431
7 Beds
3 Baths
2,950 Sq Ft
$297 Price per Sq Ft

Highlights

  • Deck
  • Central Avenue School Rated A-
  • 2 Car Detached Garage

About This Home

Multi-Family Opportunity in Madison! Whether you're looking to live in one unit and rent out the other, or lease both for maximum rental income, this property offers great flexibility. The first-floor unit features 3 bedrooms, a den, living room, kitchen, and direct access to the basement (with an additional full bath), perfect for extra storage. The second-floor unit, currently leased for another year, spans two levels and includes 4 bedrooms and 2 full bathrooms, offering spacious living for tenants. Additional highlights include an oversized detached garage, a generous driveway with ample parking, and a large flat lot, ideal for outdoor enjoyment or potential future use. Located close to top-rated schools, local parks, and Madison's vibrant downtown!

Listing Agent

JAMES MATTINA

AST REALTY, LLC Brokerage Phone: 732-854-9080 Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,891

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Gas Water Heater

Additional Features

  • Walk-Out Basement
  • Deck
  • 0.25 Acre Lot

Community Details

  • 2,950 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2317-01106-0000-00011-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,891

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1925
  • Year Built Description: Standing
  • County Name: Morris
  • Street Number Display: 13
  • Directions: Park Ave to South St.
  • I D: 5365243
  • Modified: 2025-08-29
  • Number Images: 23
  • Attribution Contact: 732-854-9080
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire Extinguisher, Smoke Detector
  • Total Number Rooms: 20
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished, Walkout

Exterior Features

  • Exterior Description: Stucco, Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 8
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Central
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 50X216
  • Assessed Improvement Value: 261400
  • Assessed Land Value: 203000
  • Assessment: 464400
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.25
  • Zoning: R-4

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9891
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-01106-0000-00011-0000-
  • Tax Rate Amount: 2.130
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

MLS Schools

  • Grade School: Central

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,892 $464,400 $203,000 $261,400
2024 $9,562 $464,400 $203,000 $261,400
2023 $9,562 $464,400 $203,000 $261,400
2022 $9,409 $464,400 $203,000 $261,400
2021 $9,409 $464,400 $203,000 $261,400
2020 $9,311 $464,400 $203,000 $261,400
2019 $9,163 $464,400 $203,000 $261,400
2018 $8,930 $464,400 $203,000 $261,400
2017 $8,861 $464,400 $203,000 $261,400
2016 $8,708 $464,400 $203,000 $261,400
2015 $8,545 $464,400 $203,000 $261,400
2014 $8,257 $464,400 $203,000 $261,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $875,000 -- $297 / Sq Ft
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3969588

Garden State MLS

APN: 17-01106-0000-00011