$699,900
About this home
Rare 3 family investment opportunity in commuter friendly Dunellen. 107 Madison Ave offers separate utilities, three private entrances, comfortable apartments, double wide parking, and a detached 2 car garage. Each unit has its own washer and dryer in the common basement area. The property also includes a shared backyard space for outdoor use and entertaining.Located near the Dunellen Train Station on the NJ Transit Raritan Valley Line, with convenient access to Route 28/North Avenue, Route 22, I 287, Route 18, Route 1, and the Garden State Parkway. Close to downtown Dunellen shopping, restaurants, coffee shops, and everyday conveniences. Additional investment appeal includes the property's location within Dunellen's Redevelopment Area Remainder map area, with a likely underlying RB residential context. This adds long term value potential in a commuter friendly downtown corridor near transit, shopping, restaurants, and major highways. A strong **Value Add** opportunity for investors seeking a multi-unit property with parking, garage space, separate utilities, tenant convenience, and access to the Raritan Valley Corridor
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
- Real estate (PITI + HOA + PMI)
- $6,422
- Utilities
- $573
- Transportation
- $121
- Other (entertainment)
- $143
Quick facts
At a glance
Home features
Lot features
Level
Neighborhood — 08812
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 17,308 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 14.00% | 14.00% | 20.00% |
| Population Density | 3,367 | 1,137 | — |
| Male | 8,550 | 4,307,827 | 147,432,321 |
| Female | 8,758 | 4,525,010 | 151,655,844 |
| Never Married | 3,551 | 1,965,811 | 63,775,926 |
| Married | 7,402 | 3,647,435 | 123,120,365 |
| Separated | 720 | 391,239 | 12,639,686 |
| Widowed | 877 | 515,172 | 15,467,586 |
| Divorced | 1,109 | 529,393 | 23,075,029 |
| Number Of House Hold | 5,926 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.85 | 2.73 | 2.60 |
| Medial Age | 36.81 | 37.15 | 35.46 |
| Median House Hold Income | $70,788 | $63,392 | $48,276 |
| Average House Hold Income | $86,035 | $83,312 | $63,629 |
| P C I | $30,898 | $30,662 | $24,529 |
| M D I | $57,699 | $52,505 | $41,133 |
| A T H E | $63,030 | $61,369 | $50,898 |
| S T R | — | 7.00% | — |
| W C J | 79.67% | 81.02% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 5/6/2026. Provided courtesy of RE/MAX PINNACLE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.