7 Myrtle Avenue

Madison, NJ 07940

$637,500
Last Sold Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment you are sure to enjoy! This nicely renovated two family in the heart of Madison is just blocks to town, train and schools. Each unit has separate utilities, deck and washer and dryer. First floor unit has use of the basement storage and laundry. Second floor unit has it's own laundry and pull down attic for storage. Improvements include new roof 2021, exterior paint and renovated basement space in 2020. Great long term tenants occupy.Great investment you are sure to enjoy! This nicely renovated two family in the heart of Madison is just blocks to town, train and schools. Each unit has separate utilities, deck and washer and dryer. First floor unit has use of the basement storage and laundry. Second floor unit has it's own laundry and pull down attic for storage. Improvements include new roof 2021, exterior paint and renovated basement space in 2020. Great long term tenants occupy.

Listing Agent

Property Details for 7 Myrtle Avenue

Directions
Ridgedale Ave to Myrtle Ave
Days On Market
160

Location

Add your commute
LISTING UPDATED: 10/23/2022 03:06 AM

Property Details for 7 Myrtle Avenue

StatusSold
MLS #3699755
Days on Market160
Taxes$9,166 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.20 AC / 8,712 SF
CountyMorris County

Location

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Building Information for 7 Myrtle Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$4,243 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,479

Property Taxes

$764

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Myrtle Avenue

Summary
Location and General Information
  • Zoning: residential
  • Middle/Jr High School: Madison Jr
  • Grade School: Central
  • High School: Madison
  • Active Days on Market: 164
  • Renovated Year: 2008
  • County #: Morris
  • Town Name: Madison Boro
  • Block Identifier: 506
  • Listing Type: Exclusive Right to Sell
  • Street # Display: 7.0
  • # Parking Spaces: 4
  • County Or Parish: Morris
  • Street Name: Myrtle Ave
  • Zip Code: 07940-1211
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $9,166
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 457200.0
  • Tax ID For Property: 2317-00506-0000-00019-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Additional Parking, Blacktop
  • # Garage Spaces: 2
  • Garage Description: Detached Garage, Garage Door Opener, Oversize Garage
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 19
  • Approximate Lot Size: 0.202 AC
  • Total Acres: 0.2
  • Construction Date/Year Built: 1920
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 256200.0
  • Assessment Land: 201000.0
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Fiber Optic Available, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 1 Unit, Baseboard - Electric, Baseboard - Hotwater, Radiators - Steam
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Curbs, Sidewalk, Storage Shed, Thermal Windows/Doors
Interior Features
  • Interior Features: Blinds, Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Vinyl-Linoleum Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Self-Cleaning Oven, Washer
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2250.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Family Room, Laundry Room, Storage
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 2250.0
  • Unit 1 Sq Ft: 882.0
Unit 2 Information
  • Unit 2 Appl/Equip: Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Self-Cleaning Oven, Stackable Washer/Dryer
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2250.0
  • Unit 2 Room Description: Attic, Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Storage
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 882.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: Cold Water, Garbage Collection, Insurance, Taxes
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 7 Myrtle Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7 Myrtle Avenue

Taxable ValueLand$201,000Additions$256,200Total$457,200
Tax Record2021$9,263 ($772 / month)
Home Facts
Beds0Total Finished SqFt1,892 SqFtAbove Grade Finished SqFt1,892 SqFtStories2Lot Size8,799 SqFtStyleSingle Family ResidenceYear Built1920ZoningR-3CountyMORRISAPN17 00506-0000-00019

Schools near 7 Myrtle Avenue

This home is within Madison School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Central Avenue Elementary School
PublicPK to 5

Madison Junior Middle School
Public6 to 8

Madison High School
Public9 to 12

St Vincent Martyr School
PrivatePK to 8

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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