57 Greenwood Ave

Madison, NJ 07940

$1,150,000
Price
4
Beds
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per Sq. Ft.
front view of a house with a yard
a front view of a house with a garden and trees
front view of a house with a yard
a front view of a building with a garden
a view of a balcony
a view of a roof deck
a view of balcony with two chairs and wooden floor
a living room with furniture and a couch
a living room with furniture a rug and a lamp
a kitchen with stainless steel appliances granite countertop a refrigerator a stove microwave and cabinets with wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator a stove a sink a dining table and chairs with wooden floor
a kitchen with stainless steel appliances a refrigerator sink and cabinets
a view of a dining room with furniture
a living room with furniture a rug and a lamp
a bed room with a bed and a tv
a bathroom with a sink a vanity and a window
a kitchen with cabinets appliances a sink and a window
a kitchen with cabinets stainless steel appliances a sink and a refrigerator
a kitchen with granite countertop a refrigerator a sink a stove a dining table and chairs
a bedroom with a bed and wooden floor
a living room with furniture and a wooden floor
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a dresser
a bedroom with a bed and wooden floor
a white toilet sitting next to a bathroom sink
a bathroom with a sink toilet vanity and a mirror
a view of a kitchen with a sink cabinets and wooden floor
a view of an empty room with wooden floor
wooden floor in an empty room with a window
a white toilet sitting next to a bathroom sink

Description

Location, location, location! Great opportunity to own a multi-family home in the heart of madison. Charming historic home with large front porch has 3 rental units on the first,second ,b and third floors. The first floor unit is huge and has 1 bedroom and 1 full bath, eat-in kitchen, dining room, living room, and laundry. The second floor unit has 2 bedrooms, 2 full baths, eat-in kitchen and living room. The 3rd level has 1 BR and a living space with kitchen. All units have private access from spacious...Location, location, location! Great opportunity to own a multi-family home in the heart of madison. Charming historic home with large front porch has 3 rental units on the first,second ,b and third floors. The first floor unit is huge and has 1 bedroom and 1 full bath, eat-in kitchen, dining room, living room, and laundry. The second floor unit has 2 bedrooms, 2 full baths, eat-in kitchen and living room. The 3rd level has 1 BR and a living space with kitchen. All units have private access from spacious rear decks on all levels and also front access from the front entrance with charming front porch. Large basement space for storage and additional laundry setup. Exterior is well maintained and has a 2 car detached garage. The house has separate water heaters and furnaces with a separate meter for each unit. The house has historic charm with beautiful moldings and wood floors throughout. This lovely home is just steps away from downtown Madison, NYC Train, shops, restaurants, parks, and schools.

Property Details for 57 Greenwood Avenue

Directions
Main Street to Greenwood Avenue
Days On Market
61
LISTING UPDATED: 12/06/2025 03:44 PM

Property Details for 57 Greenwood Avenue

StatusActive
MLS #3990949
Days on Market70
Taxes$12,290 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1925
Lot Size0.14 AC / 6,098 SF
CountyMorris County

Location

Listing Courtesy of KL SOTHEBY'S INT'L. REALTY, ELIZABETH RUTLAND; KL SOTHEBY'S INT'L. REALTY, ELIZABETH HURLEY
Add your commute

Building Information for 57 Greenwood Avenue

Stories-Residences3Year Built1925Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$6,707 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,683

Property Taxes

$1,024

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 57 Greenwood Avenue

Summary
Location and General Information
  • Zoning: Residential
  • Address Included: Y
  • Middle/Jr High School: Madison Jr
  • Grade School: Central
  • High School: Madison
  • Active Days on Market: 61
  • County #: Morris
  • Town Name: Madison Boro
  • Block Identifier: 1902
  • Listing Type: Exclusive Right to Sell
  • Color of Building: gray
  • Town #: 2318.0
  • Street # Display: 57.0
  • # Parking Spaces: 5
  • County Or Parish: Morris
  • Street Name: Greenwood Ave
  • Zip Code: 07940-2128
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,290
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 577000.0
  • Tax ID For Property: 2317-01902-0000-00020-0000-
  • 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
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 20
  • Approximate Lot Size: 50X125
  • Total Acres: 0.14
  • Construction Date/Year Built: 1925
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 352200.0
  • Assessment Land: 224800.0
  • Attorney Review in Progress: *
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Curbs, Deck, Open Porch(es), Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Washer
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 2325.0
  • Unit 1 Room Description: Dining Room, Eat-In Kitchen, Living Room, Porch, Master Bedroom
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 3112.0
  • Unit 1 Sq Ft: 950.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 2675.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 3750.0
  • Unit 2 Sq Ft: 954.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 3 Rooms: 2.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 482.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $14,998.00
  • Net Operating Income: $44,702.00
  • Gross Operating Income: $59,700.00
Rental
Rental Information
  • Home Warranty: false

Property History for 57 Greenwood Avenue

DateEvent & SourcePriceAppreciation
Oct 6, 2025

Listed (Active)

GSMLS #3990949

$1,150,000—
DateEvent & SourcePrice
10/06/2025

Listed (Active)

GSMLS #3990949

$1,150,000

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

Public Records for 57 Greenwood Avenue

Taxable ValueLand$224,800Additions$352,200Total$577,000
Tax Record2024$12,290 ($1,024 / month)
Home Facts
Beds0Total Finished SqFt2,425 SqFtAbove Grade Finished SqFt2,425 SqFtStories2Lot Size6,251 SqFtStyleSingle Family ResidenceYear Built1925ZoningR-4CountyMORRISAPN17 01902-0000-00020

Schools near 57 Greenwood 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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More information about 57 Greenwood Avenue, Madison, NJ 07940

57 Greenwood Avenue is a multi-family home for sale in Madison, NJ 07940. This property was listed for sale on October 6, 2025 by KL SOTHEBY'S INT'L. REALTY, it's currently listed at $1,150,000. This listing's school district is Madison School District. Nearby schools include Central Avenue Elementary School, Madison Junior Middle School and Madison High School. 57 Greenwood Avenue is a 4-bed, 4-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KL SOTHEBY'S INT'L. REALTY, ELIZABETH RUTLAND; KL SOTHEBY'S INT'L. REALTY, ELIZABETH HURLEY

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/15/2025 07:10 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/15/2025 07:10 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.