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20
Photos
21 Belmont Avenue, Madison Borough, NJ 07940
$895,000 Asking Price
$---/mo Est. Payment Get Prequalified »
1
bed
1
bath
Downtown Madison! Conveniently located in "center of town" this 75' x 250' lot just under a half-acre located in a 2-family zone currently has a 3-room, 1-bedroom cottage with 2 car deep detached garage. Value is in the land. Property was preliminarily 'approved' to remove existing structures and build 3 story approx. 5,000 sqft 2 family duplex with basement. Each side w/ 3 bedrooms, 2 full and 2 half baths, finished basement & built-in garage. Potential to sell off each side as a condo-townhouse. Topographical survey and preliminary plans are available for review. Or, in addition to the 3-room cottage, there was a grandfathered 2-family dwelling which measured 23' x 47' (1,080 sq ft footprint) on property which was demolished and can be rebuilt on right side of garage maintaining 10'sideyard from right (north) side property line. Cottage has gas-forced air heat & central air A/C. "Walking" distance to Train station, restaurants, YMCA, and other amenities. Incredible opportunity
Features & Amenities
Interior
- Basement:
- Full,Unfinished
- A/C:
- Gas,Hot Air
- Heating:
- Gas,Hot Air
- Fireplace:
- None
Exterior
- General:
- Vinyl
- Style:
- Colonial
Construction
- General:
- Other
Location
- HOA Amenities:
- None
- County:
- MORRIS
This listing courtesy of:
Coccia Realty Better Homes & Gardens, Jan Kwapniewski
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Madison, NJ
Housing
- Number of Units
- 6,012
- Median Home Value
- $800,117
- Median Rent
- $1,664
37.43% of housing units are renter occupied.
4.83% are vacant.
Commute
- Car
-
42.23%
- Public Transportation
-
7.02%
- Walk to Work
-
4.08%
- Work from Home
-
46.23%
- Other
-
0.35%
The median travel time to work is 16 minutes.
People
- Population
- 17,179
- Median Age
- 37.90
- Median Household Size
- 2.90
Education
- High School
-
11.84%
- Associate’s Degree
-
4.88%
- Bachelor’s Degree
-
37.72%
- Graduate Degree
-
34.17%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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