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5 West St, Madison Boro, NJ 07940

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For Sale
Sale Pending

$635,000

3 beds • 2 baths • 1,295 sqft

Estimated Payment

$ 3,888 /mo. †

6.76% APR for 30 yrs.
$7,082 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $490.35
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Opportunity Knocks in Madison, NJ!This 3-bedroom, 2-bath property sits in a prime location with low taxes and endless potential! Situated in a desirable neighborhood within the highly regarded Madison Public School District, this property offers a fantastic opportunity for buyers looking to renovate, rebuild, or explore potential redevelopment.Just minutes from Fairleigh Dickinson University, Drew University, downtown Madison, and major transportation, the location is unbeatable. Nearby, you'll find local landmarks like the Shakespeare Theatre of New Jersey, the Museum of Early Trades & Crafts, and the scenic Giralda Farms Preserve.The spacious lot may offer the possibility of rezoning for a multifamily residence (buyers to conduct their own due diligence). Whether you're an investor, builder, or buyer looking to create something new, this property is a rare find.Floor plans and survey available upon request. Square footage is approximate.
MLS# 3943777

Courtesy Of Real Broker LLC

(855) 450-0442

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Oven - Gas, Range
  • Architecture Style
    Colonial
  • Cooling System
    None
  • Fireplace
    Fireplace
  • Heating System
    Fireplace, Hot Water, Radiator
  • Lot Size
    0.17 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 5 West St, Madison Boro, NJ 07940

Home seller CENTURY 21 Sylvia Geist Agency

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Sylvia Geist Agency

(732) 238-1200
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $3,298
  • Property Taxes
    $590
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,888

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Torey J. Sabatini Elementary School

Grades KG-5 Public School

Madison, NJ 07940 0.8 miles
Glenwild circle

271 total students
10:1 Student teacher ratio

School Rating: A-

School Details

Madison Junior School

Grades 6-8 Public School

Madison, NJ 07940 1 miles
160 main st

589 total students
12:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Rainbow Montessori 0.4 miles Private PK-TKG
St Vincent Martyr School 0.6 miles Private PK-8
Central Avenue Elementary School 0.6 miles Public PK-5 A
Madison Montessori School 0.7 miles Private PK-KG
Madison High School 0.9 miles Public 9-12 B-
Chatham Day School 1.2 miles Private PK-8
Academy Of Saint Elizabeth 1.3 miles Private 9-12
Ridgedale Middle School 1.4 miles Public 6-8 B
Kings Road Elementary School 1.5 miles Public KG-5 A-
The Montessori Childrens Academy 2 miles Private PK-KG
Magic Kingdom Day Nursery 2.1 miles Private PK-KG
Normandy Park School 2.2 miles Public KG-5 B
Chatham Middle School 2.2 miles Public 6-8 B+
Briarwood School 2.2 miles Public PK-2
Brooklake School 2.3 miles Public 3-5 A
Woodland School 2.4 miles Public KG-2
Southern Boulevard School 2.5 miles Public PK-3
Milton Avenue School 2.6 miles Public PK-3

Rainbow Montessori

Distance: 0.4 miles

Type Private

Grades: PK-TKG

St Vincent Martyr School

Distance: 0.6 miles

Type Private

Grades: PK-8

Central Avenue Elementary School

Distance: 0.6 miles

Type Public

Grades: PK-5

A

Madison Montessori School

Distance: 0.7 miles

Type Private

Grades: PK-KG

Madison High School

Distance: 0.9 miles

Type Public

Grades: 9-12

B-

Chatham Day School

Distance: 1.2 miles

Type Private

Grades: PK-8

Academy Of Saint Elizabeth

Distance: 1.3 miles

Type Private

Grades: 9-12

Ridgedale Middle School

Distance: 1.4 miles

Type Public

Grades: 6-8

B

Kings Road Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-5

A-

The Montessori Childrens Academy

Distance: 2 miles

Type Private

Grades: PK-KG

Magic Kingdom Day Nursery

Distance: 2.1 miles

Type Private

Grades: PK-KG

Normandy Park School

Distance: 2.2 miles

Type Public

Grades: KG-5

B

Chatham Middle School

Distance: 2.2 miles

Type Public

Grades: 6-8

B+

Briarwood School

Distance: 2.2 miles

Type Public

Grades: PK-2

Brooklake School

Distance: 2.3 miles

Type Public

Grades: 3-5

A

Woodland School

Distance: 2.4 miles

Type Public

Grades: KG-2

Southern Boulevard School

Distance: 2.5 miles

Type Public

Grades: PK-3

Milton Avenue School

Distance: 2.6 miles

Type Public

Grades: PK-3

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Madison Boro, NJ 07940

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Madison Boro, NJ 07940

This community’s employment is highest in the administrative support and education industries. The area’s overall household expenses are above the national average.

85° July
Hottest Average Month
19° January
Coldest Average Month
5,804 Total Households in Area
0% Increase in population since the year 2010
34.7%
of households
have children
24 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Madison Boro, NJ 07940

Madison Boro, NJ 07940 has a population of 17,298 people in 5,804 households with a median age of 38.7 years old.

0%
Increase in population
since the year 2010
Population is Trending up
5,732
Total households as of 2010
3.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.7 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 74%
Hispanic 12%
Asian 8%
Other 4%
Black 3%
Native American <1%
The most prevalent ethnicity is White at 74%, followed by Hispanic at 12%, Asian at 8%, and Other at 4%.

Economics
for Madison Boro, NJ 07940

3,695 /sq mi
Population Density
$165,050 /yr
Median Household Income
$802,500
Median Sales Price
24 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 37.74% of the households.

Transportation to Work

  • Drive 65%
  • Work from Home 19%
  • Public Transit 9%
  • Walk or Bike 7%

Occupancy by Type

Owned 3,712 61%
Rented 2,092 34%
Vacant 278 5%

White vs Blue Collar Jobs







White Collar 90%
Blue Collar 10%

Family & Education Facts
for Madison Boro, NJ 07940

38.7 Median Age

Average Household Size

2.7
persons per
household

56.8%

Married Households

Community Population By Education

Bachelors Degree 38%
Graduate Degree 33%
High School Graduate 13%
Some College 8%
Associates Degree 4%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 38.28% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
34.7% of households have children

Weather
for Madison Boro, NJ 07940

The weather for this area ranges from a high of 85° F in July to a low of 19° F in January

85° July
Hottest Average Month
19° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
38°
Feb
20°
40°
Mar
28°
49°
Apr
38°
61°
May
47°
71°
Jun
57°
80°
Jul
62°
85°
Aug
60°
83°
Sep
53°
76°
Oct
41°
66°
Nov
33°
53°
Dec
24°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Madison Boro, NJ 07940!
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Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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