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Westfield 07090
136 Madison Ave
$1,100,000
● House - Off Market

136 Madison Ave

Westfield Town, NJ 07090
bedrooms
4 Beds
bathrooms
3.1 Baths
$1,132,742
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (GSMLS #3762080)

Price History

Date / Event Date Event Price
May 16, 2019 No longer available -
No longer available
Feb 8, 2019 Price Decreased $1,049,000
↓ $66K (5.9%)
Price Decreased
Jan 23, 2019 Listed $1,115,000
Listed
Utterly stunning 4 Bedroom, 3 and a Half Bath Colonial in Westfield's coveted northside Franklin school district. This home has it all! Move right in, not a thing needs to be done! Absolutely breathtaking Gourmet Chef's Kitchen, spectacular island, amazing stone backsplash, industrial pendant lights and high-end stainless steel appliances. Kitchen opens to large Family Room with gorgeous fireplace. Sumptuous, seemingly endless backyard perfect for indoor/outdoor entertaining, Desirable 2nd Floor Laundry Room. Master Bedroom Suite with fabulous Walk-In-Closets and spa-like Bath. Finished Lower Level with amazing Recreation Room and full bath. Just minutes to downtown Westfield, top notch schools and New York City Train!

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,475
  • Building Area: 3,475
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,475
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PROSPECT HEIGHTS
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Westfield Town School District
  • Census Tract: 036500

Geography

  • Assessors Map Reference: TAX MAP 2005
  • District: 20
  • Parcel: 20 00104-0000-00007
  • Block: 104
  • Lot: 7
  • Municipality: WESTFIELD TOWN
  • Latitude: 40.6632
  • Longitude: -74.3738

    Address

  • Full Address: 136 Madison Ave
  • Address - House Number: 136
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4218
  • Zip Code: 07090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,096,803

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 1,344,384
  • High Value: 1,629,895
  • Low Value: 1,058,873

    Market Valuation

  • Market Total Value: $950,500
  • Market Land Value: $303,000
  • Market Improvement Value: $647,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $950,500
  • Assessed Land Value: $303,000
  • Assessed Improvements Value: $647,500

    Sales

  • Current Sale Contract Date: Mar 24, 2022
  • Current Sale Recording Date: Apr 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16688
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 03, 2019
  • Previous Sale Amount: $1,020,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westfield

Stats & Trends

Median Asking:

$1,183,500

Sale Price/ft²

$459

Below Asking

0.01%

Average Days on Market

67

Average Home Size

769 ft²

Average Home Age

53.8 years

Currently For Sale

46 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2249 Evergreen Avenue, Scotch Plains, NJ, 07076

$2,850 /mo

  • 3 Beds
  • 1 Bath
2249 Evergreen Avenue, Scotch Plains, NJ, 07076 Listing by ROGER D. MEADOR

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 2 years ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 136 Madison Avenue built and last sold?
The property at 136 Madison Avenue was built in 2005 and last sold on Mar 24, 2022 for $1,261,000.
How much is this home worth?
The estimated value of the home located at 136 Madison Avenue is $1,059,490.
What are some comparable homes to 136 Madison Avenue?
There are currently no comparable homes to 136 Madison Avenue.
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