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15 Lathrop Ave

Madison Boro, NJ 07940
  • $875,000
  • STATUS: Active Under Contract
  • ON SITE: 51 Days
  • MLS #: 3919656
Under Contract
UPDATED: 55 min ago
$875,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1911
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Discover the untapped potential of this charming 2 family home in the heart of sought-after Madison. This prime location is celebrated for itsexcellent schools, vibrant community, and strong rental history, making it a compelling opportunity for savvy investors and discerning homeowners alike.The property features a versatile layout with a total of 5 bedrooms and 2 baths within 2 units, offering ample space for customization to suit your lifestyleor investment goals. A standout feature includes a 4 car detached garage, ideal for car enthusiasts, extra rental income or storage space. While the homerequires TLC , envision possibilities to transform and personalize this property into your ideal residence or multi-family investment.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. 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 data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-10T21:46:17.553.
www.srrealestategroup.com/homes/153825149
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15 Lathrop Ave Madison Boro, NJ 07940

  • Price: $875,000
  • Status: Active Under Contract
  • On Site: 51 Days
  • Updated: 55 min ago
  • MLS #: 3919656
5
Beds
2
Baths
0
½ Baths
0.17
Acres
1911
Built
County:
Morris
Area:
Madison Boro
Elementary School:
Torey J.
Middle School:
Madison Jr
High School:
Madison
Property Description
Discover the untapped potential of this charming 2 family home in the heart of sought-after Madison. This prime location is celebrated for itsexcellent schools, vibrant community, and strong rental history, making it a compelling opportunity for savvy investors and discerning homeowners alike.The property features a versatile layout with a total of 5 bedrooms and 2 baths within 2 units, offering ample space for customization to suit your lifestyleor investment goals. A standout feature includes a 4 car detached garage, ideal for car enthusiasts, extra rental income or storage space. While the homerequires TLC , envision possibilities to transform and personalize this property into your ideal residence or multi-family investment.
Exterior Features

Approximate Lot Size 50X150 Color Of Building Beige Exterior Description Stucco Garage Description Loft Storage Number Of Parking Spaces 4 Parking Driveway Description Off-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description Bilco-Style DoorFullSlabWalkout Cooling None Heating Radiators - Steam Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke Detector Total Number Of Rooms 9 Unit1 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - GasRefrigeratorWasher Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLaundry RoomLiving RoomStorage Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 700 Unit2 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - GasRefrigeratorWasher Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLaundry RoomLiving RoomStorage Unit2 Rooms 5 Unit2 Sq Ft 850

Property Features

Assessment Total 478800 Building Assessment 178000 Easement Unknown Expenses Include InsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 300800 Net Operating Income 0 Services Cable TV AvailableFiber Optic AvailableGarbage Included Sewer Public Sewer Tax Amount 9858 Tax Rate Amount 2.059 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 2-Two StoryFixer Upper Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1950 Unit2 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate Zoning Residential

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-714-4202.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. 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 data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-10T21:46:17.553.
 
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Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901