$689,000
RENTED MAY 15, 2025

505 Madison Ave Dunellen, NJ 08812

2 Beds
1 Bath
2,733 Sq Ft
$252 Price per Sq Ft

Last Sold February 05, 2025

Last sale price $700,000 $256 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,976/month

Highlights

  • Wood Flooring
  • Porch
  • Radiator
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of May 2025

Ready to move in second floor apartment, offering 2 bedrooms, EIK,formal dining room, hardwood floors thruoghout, all utilities are included, no pets, NTN required.

Last Agent to Rent the Property

Hugo Lopez

REALTY ONE GROUP LIFESTYLE HOM Listed on: 04/09/2025

REALTY ONE GROUP LIFESTYLE HOM

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,745

Year Built

  • Built in 1913

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 150.00 x 0.00

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include electricity, gas, water, heat
  • Residential Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,745

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1722
  • Lot Size: 150.00 x 0.00
  • Subdivision Name: Residential
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1913
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Gas Range/Oven, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2733
  • Stories: 2

Exterior Features

  • Exterior Features: Open Porch(es)
  • Patio And Porch Features: Porch

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Available
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Electricity, Gas, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 12, 2025
Sold by
Valentin Luis Angel
Bought by
Valentin Luis Angel and Crisostomo Marlyn M
Seller's Agent
Hugo Lopez
REALTY ONE GROUP LIFESTYLE HOM
Sold Price
$2,300
Views
11
Current Estimated Value
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,700

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 28, 2025
Sold by
Santamaria Eduardo and Santamaria Mario Eduardo
Bought by
Valentin Luis Angel
Seller's Agent
Katherine Villa
PREMIER HOME PROS
List Price
$599,999
Sold Price
$700,000
Premium/Discount to List
$100,001
16.67%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.74%
Original Mortgage
$595,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2003
Sold by
Dominguez Luis
Bought by
Santamaria Eduardo and Paucer Jacqueline P

Purchase Details

Closed on
Jun 27, 2000
Sold by
Lilley Michael
Bought by
Dominguez Luis and Murillo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,868
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 1997
Sold by
Smiecinski Stanislaw
Bought by
Lilley Michael and Lilley Sherrie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Valentin Luis Angel -- Mad Title
Valentin Luis Angel -- Mad Title
Valentin Luis Angel $700,000 Stewart Title
Valentin Luis Angel $700,000 Stewart Title
Santamaria Eduardo $390,000 --
Dominguez Luis $210,000 --
Lilley Michael $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valentin Luis Angel $595,000
Previous Owner Santamaria Eduardo $284,400
Previous Owner Dominguez Luis $209,868
Previous Owner Lilley Michael $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Rented $2,300 0.0% --
04/09/2025 04/09/25 For Rent $2,300 0.0% --
02/05/2025 02/05/25 Sold $700,000 +16.7% $93 / Sq Ft
10/18/2024 10/18/24 For Sale $599,999 -- $80 / Sq Ft
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
2025 $14,745 $587,900 $106,800 $481,100
2024 $13,266 $587,900 $106,800 $481,100
2023 $13,266 $489,900 $106,800 $383,100
2022 $11,762 $426,000 $106,800 $319,200
2021 $10,547 $362,300 $106,800 $255,500
2020 $11,040 $339,900 $118,500 $221,400
2019 $10,547 $339,900 $118,500 $221,400
2018 $9,036 $66,900 $23,800 $43,100
2017 $8,670 $66,900 $23,800 $43,100
2016 $8,354 $66,900 $23,800 $43,100
2015 $9,461 $77,700 $23,800 $53,900
2014 $9,260 $77,700 $23,800 $53,900
Source: Public Records

Agents Affiliated with this Home

  • Hugo Lopez

    Landlord's Agent in 2025

    Hugo Lopez

    REALTY ONE GROUP LIFESTYLE HOM

    (908) 447-6231

    4 Total Sales

    Hugo Lopez
    Section Image

  • K

    Seller's Agent in 2025

    Katherine Villa

    PREMIER HOME PROS

    (201) 898-3611

    2 in this area

    39 Total Sales

    Katherine Villa
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2512659R

All Jersey MLS

APN: 03-00038-0000-00017

New Jersey Middlesex County Dunellen 08812

505 Madison Ave, Dunellen, NJ

This home is located at 505 Madison Ave, Dunellen, NJ 08812 since 09 April 2025 and is currently priced at $689,000. This property was built in 1913. 505 Madison Ave is a home located in Middlesex County with nearby schools including John P. Faber Elementary School, Lincoln Middle School, and Dunellen High School.

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