5 Lee Ave

Madison, NJ 07940

$1,387,000
Last Sold Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Sold 6/30/25
Sold 6/30/25

Description

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,...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!

Listing Agent

  1. Susan Oldendorp

    Susan Oldendorp

    Listing Agent

    Compass

    CallTextEmail

Property Details for 5 Lee Avenue

Style
Colonial
Directions
Hamilton St to Lee Ave
Days On Market
12
Primary Style
Colonial
Section/Subdiv/Development
The Knollwood Section
LISTING UPDATED: 06/30/2025 11:30 AM

Property Details for 5 Lee Avenue

StatusSold
MLS #3958934
Days on Market12
Taxes$12,980 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1923
Lot Size0.14 AC / 6,098 SF
CountyMorris County

Location

Sold By PROMINENT PROPERTIES SIR, BROOKE VISENTINI

Add your commute

Building Information for 5 Lee Avenue

Stories-Year Built1923Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$7,842 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,760

Property Taxes

$1,082

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Lee Avenue

Summary
Location and General Information
  • Zoning: Residential
  • Middle/Jr High School: Madison Jr
  • High School: Madison
  • Active Days on Market: 14
  • Renovated Year: 2000
  • County #: Morris
  • Town Name: Madison Boro
  • Community Living: No
  • Block Identifier: 911
  • Listing Type: Exclusive Right to Sell
  • Color of Building: gray
  • Town #: 2318.0
  • Street # Display: 5.0
  • In-Law Suite: No
  • # Parking Spaces: 2
  • County Or Parish: Morris
  • Street Name: Lee Ave
  • Zip Code: 07940-1709
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $12,980
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 609400.0
  • Tax ID For Property: 2317-00911-0000-00003-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop
  • # Garage Spaces: 2
  • Garage Description: Detached Garage, Garage Door Opener
Property
Lot Information
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 3
  • Approximate Lot Size: 0.1377 AC
  • Total Acres: 0.14
  • Construction Date/Year Built: 1923
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 288700.0
  • Assessment Land: 320700.0
Utilities
  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas
  • Handicap Modified: No
  • Heating: 1 Unit, Baseboard - Electric, Radiant - Electric, Radiators - Steam
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Exterior Description: Clapboard
  • Exterior Features: Deck, Patio, Privacy Fence, Sidewalk, Thermal Windows/Doors, Underground Lawn Sprinkler, Wood Fence
Interior Features
  • Interior Features: Blinds, CODetect, CedrClst, Drapes, CeilHigh, SmokeDet, StallShw, TubShowr, WlkInCls
  • Flooring: Carpeting, Tile, Wood
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially, French Drain, Full
  • Primary Bath Features: Stall Shower
  • # Baths: 2.2
  • # Full Baths: 2
  • # Half Baths: 2
  • Bedroom 1 Level: Third
  • Bedroom 1 Dim: 20x15
  • Bedroom 2 Level: Second
  • Bedroom 2 Dim: 15x11
  • Bedroom 3 Level: Second
  • Bedroom 3 Dim: 12x11
  • Bedroom 4 Level: Second
  • Bedroom 4 Dim: 14x9
  • # Bedrooms: 4
  • Dining Room Dim: 13x13
  • Easement: Unknown
  • Family Room Dim: 14x23
  • Fireplace Desc: Family Room, Wood Burning
  • # Fireplaces: 1
  • Kitchen Dim: 9x18
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Basement Level Rooms: Laundry Room, Powder Room, Rec Room, Storage Room, Utility Room
  • Dining Area: Formal Dining Room
  • Dining Room Level: First
  • Family Room Level: First
  • Other Room 1 Dim: 7x17
  • Other Room 2 Dim: 6x4
  • Other Room 3 Dim: 24x12
  • Level 1 Rooms: Dining Room, Family Room, Kitchen, Office, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath Main
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • # Rooms: 9
  • Other Room 3: Office
  • Other Room 1 Level: First
  • Other Room 4: PowderRm
  • Other Room 2 Level: First
  • Other Room 5: Rec Room
  • Other Room 3 Level: Basement

Property History for 5 Lee Avenue

DateEvent & SourcePriceAppreciation
Jun 30, 2025

Sold

GSMLS #3958934

$1,387,000—
Jun 25, 2025

Sold (Public Record)

Public Record #1903695876

$1,387,000

+6.5% / yr

May 9, 2025

Under Contract

GSMLS #3958934

—
Apr 25, 2025

Listed (Active)

GSMLS #3958934

$1,100,000—
Dec 16, 2016

Sold

GSMLS #3333889

$810,000—
Dec 9, 2016

Sold (Public Record)

Public Record #589367955

$810,000—
Sep 7, 2016

Listed (Active)

GSMLS #3333889

$799,000—
DateEvent & SourcePrice
06/30/2025

Sold

GSMLS #3958934

$1,387,000
06/25/2025

Sold (Public Record)

Public Record #1903695876

$1,387,000

+6.5% / yr

05/09/2025

Under Contract

GSMLS #3958934

—
04/25/2025

Listed (Active)

GSMLS #3958934

$1,100,000
12/16/2016

Sold

GSMLS #3333889

$810,000
12/09/2016

Sold (Public Record)

Public Record #589367955

$810,000
09/07/2016

Listed (Active)

GSMLS #3333889

$799,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Lee Avenue

Taxable ValueLand$320,700Additions$288,700Total$609,400
Tax Record2024$12,980 ($1,082 / month)
Home Facts
Beds0Total Finished SqFt2,059 SqFtAbove Grade Finished SqFt2,059 SqFtStories3Lot Size5,998 SqFtStyleSingle Family ResidenceYear Built1923ZoningR-3CountyMORRISAPN17 00911-0000-00003

Schools near 5 Lee Avenue

This home is within Madison School District.
Rating
School
Type
Grades
Distance
Central Avenue Elementary School
Public - PK to 5
Madison Junior Middle School
Public - 6 to 8
Madison High School
Public - 9 to 12
F M Kirby Childrens Center
Private - PK to 5
Rating
School
Distance
Central Avenue Elementary School
PublicPK to 5

Madison Junior Middle School
Public6 to 8

Madison High School
Public9 to 12

F M Kirby Childrens Center
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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