NOT LISTED FOR SALE

17 Madison Ave Middlesex, NJ 08846

Estimated Value: $640,000 - $1,023,000

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold January 19, 2024

Last sale price $850,000

Est. 6% increase in value since last sale

Current estimated payment $6,449/month

64 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Shed
  • Private Yard
  • Patio
  • 1-minute walk to Simchock Park

About This Home

As of January 2024

This is a great investment or the owner can live in one unit and rent out 3!!! TWO - two family homes on one lot. The original part of unit one was built in 1900, in the 1970's two additions were added along with the second Multi family home. The first floor of 17A is approximately 2100 sq. ft. featuring 6 large room - 3 bedrooms - 2 full baths and access to a finished basement with a 3rd full bath. The basement also has its own entrance and with approvals can become a 5th rental space. - the upstairs apt 17 B is a one bedroom with access from the living room to a porch that runs across the front of the home! This home has all separate utilities except water. House #2 17 C & D are two spacious - two bedroom apartments Owner pays utilities. Imagine owning all this on one piece of property! The rents are way below value as the tenants in the bigger home have been there a very long time, with some cosmetic updates the possibilities are endless. All 3 furnaces have been updated, roofs approximately 10 years, building 2 has central air, large storage shed in the yard - driveway parking for both homes and on street parking as well.

Last Agent to Sell the Property

Karen Ettere

KELLER WILLIAMS TOWNE SQUARE Listed on: 11/15/2023

KELLER WILLIAMS TOWNE SQUARE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,201

Lot Details

  • Lot Dimensions are 125.00 x 100.00
  • Private Entrance
  • Corner Lot
  • Level Lot
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Carpet

Finished Basement

  • Partial Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(electric fuel water gas), unit 4 owner pays(electric fuel water gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,201

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size: 125.00 x 100.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator), Unit 4(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Electric,Fuel,Water,Gas), Unit 4 Owner Pays(Electric,Fuel,Water,Gas)
  • Has Basement: Partial, Finished, Bath Full, Recreation Room
  • Flooring: Unit 1 Carpet, Unit 3 Carpet, Unit 4 Carpet
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 4(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Corner Lot, Level
  • Exterior Features: Patio, Curbs, Porch(es) - Open, Storage Shed, Windows - Insulated Pane, Yard, Porch, Private Entrance
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch(es) - Open, Porch
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - Some, Unit 3(A/C Central), Unit 4(A/C Central)
  • Heating: Baseboard Hotwater, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 16201
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 2, 2024
Sold by
17 Madison Avenue Llc
Bought by
17 Madison Ave Middlesex Llc
Seller's Agent
Karen Ettere
KELLER WILLIAMS TOWNE SQUARE
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Views
117
Current Estimated Value
$905,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,236
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
Nov 4, 2002

Purchase Details

Closed on
Apr 29, 2002
Sold by
Dimura Susan
Bought by
Fisher Robert and Fisher Cecelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
17 Madison Ave Middlesex Llc $850,000 None Listed On Document
-- $100 --
Fisher Robert $339,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher Robert $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $850,000 +3.0% --
11/15/2023 11/15/23 For Sale $825,000 -- --
Source: All Jersey MLS

Tax History Compared to Growth

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
2024 $17,384 $789,100 $143,900 $645,200
2023 $17,384 $789,100 $143,900 $645,200
2022 $16,201 $163,800 $37,000 $126,800
2021 $11,753 $163,800 $37,000 $126,800
2020 $15,433 $163,800 $37,000 $126,800
2019 $15,016 $163,800 $37,000 $126,800
2018 $14,560 $163,800 $37,000 $126,800
2017 $14,159 $163,800 $37,000 $126,800
2016 $13,692 $163,800 $37,000 $126,800
2015 $13,402 $163,800 $37,000 $126,800
2014 $13,147 $163,800 $37,000 $126,800
Source: Public Records

Agents Affiliated with this Home

  • Karen Ettere

    Seller's Agent in 2024

    Karen Ettere

    KELLER WILLIAMS TOWNE SQUARE

    (732) 690-8498

    89 in this area

    155 Total Sales

    Karen Ettere
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Map

Source: All Jersey MLS

MLS Number: 2405368R

All Jersey MLS

APN: 10-00310-0000-00029

New Jersey Middlesex County Middlesex 08846

17 Madison Ave, Middlesex, NJ

This home is located at 17 Madison Ave, Middlesex, NJ 08846 since 15 November 2023 and is currently estimated at $905,236. 17 Madison Ave is a home located in Middlesex County with nearby schools including Middlesex High School and Our Lady of Mount Virgin School.

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