by RHP Realty

See Home Value
$815,000
● House - Off Market

39 Wayne

Madison Borough, NJ 07940
bedrooms
3 Beds
bathrooms
2 Baths
$3,924
Est. Monthly
5.26%
Cap Rate

About This Property

Attention builders, developers, investors, and home buyers! Amazing opportunity to buy, expand and/or renovate a well located home in Madison. Situated in a highly sought-after neighborhood on a spacious lot, this property provides the perfect opportunity to collect $4,400/month through July in rental income while planning your dream project. The site allows for exciting possibilities, including adding an attached garage with bedrooms above and expanding the kitchen to the rear. Don't miss this rare chance to create something truly special in Madison!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NJMLS #25003279)

Price History

Date / Event Date Event Price
Apr 18, 2025 Sold
Sold
Feb 12, 2025 In contract -
In contract
Jan 30, 2025 Listed by Keller Williams Realty Metropolitan $799,000
Listed by Keller Williams Realty Metropolitan

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 6,795
  • Total Building Area: 1,382
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Madison Borough School District
  • Census Tract: 042900

Zoning

  • Zoning: R-3

Geography

  • District: 17
  • Parcel: 17 01101-0000-00026
  • Block: 1101
  • Lot: 26
  • Municipality: MADISON BORO
  • Latitude: 40.7641
  • Longitude: -74.4161

    Address

  • Full Address: 39 Wayne Blvd
  • Address - House Number: 39
  • Address - Street Name: Wayne
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Madison
  • Carrier Code: C004
  • 4-Digit Zip Code: 1522
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $812,481

    Appraisal Valuation

  • Standard Deviation: 0.0795
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 796,516
  • High Value: 859,885
  • Low Value: 733,147

    Market Valuation

  • Market Total Value: $483,993
  • Market Land Value: $304,673
  • Market Improvement Value: $179,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,600
  • Assessed Land Value: $248,400
  • Assessed Improvements Value: $146,200

    Sales

  • Current Sale Contract Date: May 09, 2011
  • Current Sale Recording Date: Jun 09, 2011
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2011037783
  • Previous Sale Recording Date: Nov 15, 2010
  • Previous Sale Contract Date: Oct 15, 2010
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Madison


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Nearby Rentals

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  • 1 Bath
25 Lathrop Ave, Madison Boro, 07940-2431 Listing by LOREN CASO
Unit for rent at 21 Pilgrim Ct, Morris Twp., 07960-5737

$4,450 /mo

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  • 2 Baths
21 Pilgrim Ct, Morris Twp., 07960-5737 Listing by KEITH BOCHNER


Frequently Asked Questions

When was property at 39 Wayne Boulevard built and last sold?
The property at 39 Wayne Boulevard was built in 1952 and last sold on May 9, 2011 for $270,000.
How much is this home worth?
The estimated value of the home located at 39 Wayne Boulevard is $0.
What are some comparable homes to 39 Wayne Boulevard?
There are currently no comparable homes to 39 Wayne Boulevard.