38 Walnut St

Madison Boro, NJ
$ 745,000 Beds 4 Baths 2
Monthly Estimate* How much can I afford?

INVESTMENT PROPERTY OPPORTUNITY. (GOI $60,000, TOE $13,000. NOI $47,000). EXCELLENT LOCATION. Only a few blocks to train & downtown. TENANT OCCUPIED for the next 12 months. $5000/month rental income. Many improvements made in the past few years. Updated bathrooms, newer windows, fresh paint, brand new recessed lights in living room and new carpet downstairs. New chimney cap and masonry work just completed. New gutters. New "mini-split" HVAC added to main level. NEW WATER HEATER just installed MID-JUNE 2022, Dedicated laundry area on lower level. Separate entrance to utilities and large, newly painted garage. Completely empty attic runs entire width of house. Seller is developer who originally purchased property to provide utilities for the construction off 34 walnut next door. After holding this property for 10 years, they are now moving on to a new project.

Single Family

  • Price
  • $ 745,000
  • City
  • Madison Boro
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MORRIS
  • Half Bathrooms
  • 0
  • Area
  • Madison Boro
  • Lot Size
  • 7,405 SqFt
  • Zip
  • 07940
  • Year Built
  • 1968
  • Taxes
  • $ 10913
  • Style
  • Bi-Level
  • MLS#
  • 3776713
Listing Provided by: KELLER WILLIAMS REALTY
Data Source: Garden State MLS (GSMLS)

Features

General

Appliances Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Washer
Architectural Style Bi-Level
Community Living No
Cooling 1 Unit, Central Air, Ductless Split AC
Drive 2 Car Width, Blacktop
Exterior Features Curbs, Patio, Privacy Fence, Sidewalk, Thermal Windows/Doors, Wood Fence
Garage Attached, Finished, DoorOpnr, InEntrnc
Garage Spaces 2
Heating 1 Unit, Forced Hot Air
Interior Features CODetect, SmokeDet, StallShw, TubShowr
Open Parking Spaces 6
Primary Style Bi-Level
Roof Asphalt Shingle
Sewer Public Sewer
Sub Property Type Single Family
Tax Annual Amount 10913
Town # 2318
Township Madison Boro
Utilities Electric, Gas-Natural
Water Heater Gas

Interior Features

Dining Room Level First
Family Room Level Ground
Flooring Carpeting, Parquet-Some, Tile, Wood
Fuel Type Gas-Natural
Ground Level Rooms 1Bedroom, BathMain, FamilyRm, GarEnter, Laundry, OutEntrn, Utility
Kitchen Dimensions 11x10
Kitchen Features Breakfast Bar
Kitchen Level First
Level 1 Rooms 3Bedroom, BathMain, Foyer, Kitchen, LivDinRm
Level 2 Rooms Attic
Living Room Level First
Roombed1dimensions 14x11
Roombed1features 1st Floor
Roombed1level First
Roombed2dimensions 12x10
Roombed2level First
Roombed3dimensions 11x9
Roombed3level First
Roombed4dimensions 11x9
Roombed4level Ground
Roomdiningdimensions 11x10
Roomdiningfeatures Living/Dining Combo
Roomfamilydimensions 15x13
Roomlivingdimensions 18x13

Exterior Features

Exterior Description CedarSid, CompShng
Lot Dimensions 100X75
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,396

Per Month

Based on the average sale price from the Maplewood, NJ office

  • Monthly Principal & interest $2,268
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Central Elementary School
Middle School Madison Jr Middle School
High School Madison High School

Price History

4/21/2022 Listed $755,000
5/3/2022 2% - $745,000

Property vs Zip Code Average in 07940

Price
AVG $1.17M
$750K
Taxes
AVG $13,168
$10,913
Visits
AVG 118
384
Year Built
AVG 1953
1968
Walkscore
AVG 56
76
Data Provided by Walkscore ® not using MLS data

Map

38 Walnut St Madison Boro, NJ is a Single Family Home for sale at $745000 and a lot size of 7,405 SqFt Acre(s). 38 Walnut St Madison Boro has 4 bedrooms, 2 baths and was built in 1968. The property's zip code is 07940 which is in Madison Boro, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.