Two-Family Residential Income
931 Madison Avenue Union, NJ 07083
For Sale
$780,000
Two-family home with two residential units, finished basement with wet bar, and a private backyard with detached 2-car garage.
Days on Market167
Property Features for 931 Madison Avenue
General Information
- Standard status
- Active
- Property subtype
- Multi Family / 2-Two Story
Building Details
- Year Built
- 1940
Listing Agency:
COLDWELL BANKER LIBERTY
(908) 527-1711
Listed By:
JORGE CASALINS · License #292387
(908) 527-1711
Source:
Compass
Added: Feb 7
Changed: Jul 23
Last Checked: Jul 23 at 2:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER LIBERTY
Investment Insights
Based on property information with market context.
This versatile two-family residential income property offers two separate units plus finished bonus space in the basement. Unit 1 is located on the first floor and features three bedrooms and one bathroom with a spacious living room. Unit 2 is on the second floor and is fully renovated, with two bedrooms and one bathroom. The fully finished basement includes a wet bar, one full bathroom, and two additional versatile bonus rooms.
The exterior provides a private backyard, a large driveway, and a detached two-car garage with ample storage space. The property also has immediate access to major highways (GSP/I-78) and public transit.
From an income and occupancy standpoint, the second-floor lease expires in May, while the first-floor unit is on a month-to-month arrangement. The owner also leases solar panels at approximately $60 per month.
The exterior provides a private backyard, a large driveway, and a detached two-car garage with ample storage space. The property also has immediate access to major highways (GSP/I-78) and public transit.
From an income and occupancy standpoint, the second-floor lease expires in May, while the first-floor unit is on a month-to-month arrangement. The owner also leases solar panels at approximately $60 per month.
Key Highlights
- Two‑family home built in 1940 with 3BR/1BA and fully renovated 2BR/1BA units
- Finished full walkout basement features a wet‑bar, 1 full bath, and 2 bonus rooms
- Exterior includes aluminum siding, plus a private backyard
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home with two residential units, finished basement with wet bar, and a private backyard with detached 2-car garage.
Where is this duplex located?
The property is located at 931 Madison Avenue Union, NJ.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Two‑family home built in 1940 with 3BR/1BA and fully renovated 2BR/1BA units; Finished full walkout basement features a wet‑bar, 1 full bath, and 2 bonus rooms; Exterior includes aluminum siding, plus a private backyard
