39 North Street Madison Boro, NJ 07940

$999,000
3
Beds
1.1
Baths
0.39
Acres
1,169
SQFT
855
$/SQFT
$999,000
3
Beds
1.1
Baths
1,169   sf
$855 / sf
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active
1/20
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CALLING ALL BUILDERS, INVESTORS, CONTRACTORS, DEVELOPERS - 39 North is a prime opportunity in the highly desirable town of Madison. This 100' x 170' (17,000 sqft) double-wide lot is in an R-4 zone, allowing both single-family and multi-family development. Likely eligible for a possible subdivision, the lot meets town requirements for two buildable parcels, each exceeding the minimum lot size for either use. Multi-family requires 60' frontage, 110' depth, and 7,250 sqft. per lot, while single-family requires 50' frontage, 110' depth, and 6,250 sqft. per lot, providing ample space for two possible structures. Property currently features an existing home, positioned on only one half of the property that requires a full gut renovation and offers the option to be renovated and expanded or demolished for new construction. With flexible development potential, the property presents multiple possibilities - build two new homes, renovate while developing the second lot, or create a custom project maximizing its prime location. Opportunities like this are rare - bring your vision to life at your next project at 39 North. The property is being sold fully & strictly AS-IS.

CALLING ALL BUILDERS, INVESTORS, CONTRACTORS, DEVELOPERS - 39 North is a prime opportunity in the highly desirable town of Madison. This 100' x 170' (17,000 sqft) double-wide lot is in an R-4 zone, allowing both single-family and multi-family development. Likely eligible for a possible subdivision, the lot meets town requirements for two buildable parcels, each exceeding the minimum lot size for either use. Multi-family requires 60' frontage, 110' depth, and 7,250 sqft. per lot, while single-family requires 50' frontage, 110' depth, and 6,250 sqft. per lot, providing ample space for two possible structures. Property currently features an existing home, positioned on only one half of the property that requires a full gut renovation and offers the option to be renovated and expanded or demolished for new construction. With flexible development potential, the property presents multiple possibilities - build two new homes, renovate while developing the second lot, or create a custom project maximizing its prime location. Opportunities like this are rare - bring your vision to life at your next project at 39 North. The property is being sold fully & strictly AS-IS.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Morris
  • Tax Amount
    $7,335
  • Status
    Active
  • Listing #
    3945900
  • Built
    1869
  • Lot Size
    0.39
  • Listed on site
    10 days

Listed by:
Re/max Select

Source:
Garden State MLS

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Property details

Exterior features

  • Has garage
  • No Pool
  • Basement

Style

  • Colonial
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