Rare opportunity to renovate and restore this custom built 2 unit multi family home in popular neighborhood in desirable town of Madison. Can also be converted to a large single family home as well. Convenient to town, Manhattan direct train, schools, parks, ball fields and more. Owner occupy or rent out both. Needs work. Amazing potential for buyer with vision. Unit 1 is first floor and finished lower level. Unit 2 is second floor with separate private entrance. Built in 1 car garage along with detached 2 car garage with attic. Wrap around deck, plenty of parking, level yard & storage shed. Excellent opportunity for tradesperson, contractor and landscapers. Central air units not operational. Strictly "as-is" sale. Inspections for information purposes only. Estate sale with limited knowledge of property & conditions.
Multi-familyProperty Type
1951Year Built
9,583 sq ftLot Size
$330Price/Sq.Ft.
3 garage spacesParking
Listed by VALARIE ELLIS-FRIEDMAN• RE/MAX ACHIEVERS
The purpose of these zones is to preserve the integrity of existing residential areas by preventing the intrusion of nonresidential uses into residential neighborhoods and by maintaining existing development intensity and population density consistent with residential neighborhood patterns.
Permitted uses
Include but are not limited to:
Housing-Single unit
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Madison, NJ • 07940-1235
Average low and high temperatures (°F)
35
20
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23
56
34
64
43
71
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82
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86
67
81
59
78
57
67
45
55
36
40
25
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 55 Myrtle Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $799,000 and $1,425,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $799K to $1.4M.