Sq. Ft.
/ Sq. Ft.
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per Sq. Ft.

Description

Wonderful opportunity to house hack or fully rent out. Two family home in close proximity to Madison Train, downtown area, and local universities. 3 bed 2 bath unit is vacant and move in ready. Plenty of parking in back lot. Other unit is a large studio currently renting at $1100 per month (market rate is closer to $1400). Vacant unit has washer and dryer in basement. Heating and hot water units are all in good working condition (Weil McClain boilers).Wonderful opportunity to house hack or fully rent out. Two family home in close proximity to Madison Train, downtown area, and local universities. 3 bed 2 bath unit is vacant and move in ready. Plenty of parking in back lot. Other unit is a large studio currently renting at $1100 per month (market rate is closer to $1400). Vacant unit has washer and dryer in basement. Heating and hot water units are all in good working condition (Weil McClain boilers).
  1. Listed by WILLIAM BECK • COLDWELL BANKER REALTY

Property Details for 21 Elm Street

Directions
Park Ave to Elm St
Days On Market
11
LISTING UPDATED: 03/25/2023 03:02 AM

Property Details for 21 Elm Street

StatusSold
MLS #3746509
Days on Market11
Taxes$8,302 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1934
Lot Size0.12 AC / 5,227 SF
CountyMorris County
Add your commute

Building Information for 21 Elm Street

Stories-Residences2Year Built1934Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$3,421 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,729

Property Taxes

$692

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21 Elm Street

Summary
Location and General Information
  • Active Days on Market: 12
  • County #: Morris
  • Town Name: Madison Boro
  • Block Identifier: 1203
  • Listing Type: Exclusive Right to Sell
  • Town #: 2318.0
  • Street # Display: 21.0
  • # Parking Spaces: 4
  • County Or Parish: Morris
  • Street Name: Elm St
  • Zip Code: 07940-1513
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,302
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 400000.0
  • Tax ID For Property: 2317-01203-0000-00019-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Off-Street Parking
Property
Lot Information
  • Lot Identifier: 19
  • Approximate Lot Size: 0.117 AC
  • Total Acres: 0.12
  • Construction Date/Year Built: 1934
Property and Assessments
  • Assessment Bldg: 204800.0
  • Assessment Land: 195200.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement Desc: Shared drive
  • Easement: Yes
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Sump Pump, Washer
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Family Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1500.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 11
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1100.0
  • Unit 2 Room Description: Kitchen, Living Room
  • Unit 2 Rooms: 2.0
  • Unit 2 Security Deposit: 1000.0
  • Unit 2 Sq Ft: 675.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 21 Elm Street

DateEvent & SourcePriceAppreciation
Mar 24, 2022

Sold (Public Record)

Public Record #1493684796

$560,000

+20.4% / yr

Mar 24, 2022

Sold

GSMLS #3746509

$560,000
Feb 14, 2022

Temporarily Off Market

GSMLS #3746509

Feb 14, 2022

Temporarily Off Market

GSMLS #3731719

Oct 14, 2021

Listed (Active)

GSMLS #3746509

$565,000
Sep 16, 2021

Price Change

GSMLS #3731719

$569,000
Aug 2, 2021

Price Change

GSMLS #3731719

$595,000
Aug 2, 2021

Listed (Active)

GSMLS #3731719

$569,000
Jun 25, 2021

Sold

GSMLS #3713388

$485,000
Jun 24, 2021

Temporarily Off Market

GSMLS #3713388

Jun 14, 2021

Sold (Public Record)

Public Record #1472632960

$485,000

+2.7% / yr

Jun 13, 2021

Off Market

GSMLS #3713388

May 18, 2021

Listed (Active)

GSMLS #3713388

$485,000
May 3, 2017

Sold

GSMLS #3339975

$435,000
May 2, 2017

Sold (Public Record)

Public Record #599903456

$435,000
Oct 1, 2016

Listed (Active)

GSMLS #3339975

$445,000
DateEvent & SourcePrice
03/24/2022

Sold (Public Record)

Public Record #1493684796

$560,000

+20.4% / yr

03/24/2022

Sold

GSMLS #3746509

$560,000
02/14/2022

Temporarily Off Market

GSMLS #3746509

02/14/2022

Temporarily Off Market

GSMLS #3731719

10/14/2021

Listed (Active)

GSMLS #3746509

$565,000
09/16/2021

Price Change

GSMLS #3731719

$569,000
08/02/2021

Price Change

GSMLS #3731719

$595,000
08/02/2021

Listed (Active)

GSMLS #3731719

$569,000
06/25/2021

Sold

GSMLS #3713388

$485,000
06/24/2021

Temporarily Off Market

GSMLS #3713388

06/14/2021

Sold (Public Record)

Public Record #1472632960

$485,000

+2.7% / yr

06/13/2021

Off Market

GSMLS #3713388

05/18/2021

Listed (Active)

GSMLS #3713388

$485,000
05/03/2017

Sold

GSMLS #3339975

$435,000
05/02/2017

Sold (Public Record)

Public Record #599903456

$435,000
10/01/2016

Listed (Active)

GSMLS #3339975

$445,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21 Elm Street

Taxable ValueLand$195,200Additions$204,800Total$400,000
Tax Record2024$8,520 ($710 / month)
Home Facts
Beds0Total Finished SqFt2,175 SqFtAbove Grade Finished SqFt2,175 SqFtStories2Lot Size5,097 SqFtStyleSingle Family ResidenceYear Built1934ZoningR-4CountyMORRISAPN17 01203-0000-00019

Schools near 21 Elm Street

This home is within Madison School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 5
Rating
School
Distance
Central Avenue Elementary School
PublicPK to 5

Madison Junior Middle School
Public6 to 8

Madison High School
Public9 to 12

F M Kirby Childrens Center
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of COLDWELL BANKER REALTY, WILLIAM BECK

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 02/26/2026 11:51 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 02/26/2026 11:51 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.