1 day on Rocket
$10,000 Closing Credit¹
#25014115, Lori A. Caruso, Listing Office: RE/MAX SELECT - Rockaway
$1,100,000 List price
5 Lee Ave Madison Boro, NJ 07940
$10,000
Closing credit¹
4 beds
2 full, 2 partial
0.1 acres
House
Property details
About 5 Lee Ave
Nestled in Madison's sought after Knollwood section, just blocks from town, train, and top rated schools, this 4 bedroom, 2.2 bath home sits proudly on a picturesque, tree-lined street with sidewalks and timeless curb appeal. Inside, natural light fills the open layout, where the kitchen with breakfast bar flows seamlessly into the dining room and cozy family room with fireplace. A first floor private office and stylish new powder room offer modern convenience, while the back door leads to a deck, patio, and lush, newly landscaped yard perfect for relaxing or entertaining. Upstairs three bedrooms and a full bath offer space and flexibility, while the private primary suite a true sanctuary enjoys its own level and is complete with walk in closet and full bath. The finished lower level includes a second powder room and room for recreation, play, or storage. Thoughtful updates abound: new roof, newly landscaped yard with sprinkler system, a new driveway, freshly painted exterior, new first floor powder room, new front steps with a stunning bluestone walkway, and numerous other updates. A two-car garage completes this picture perfect home in one of Madison's most beloved neighborhoods. Charming, updated, and ideally located, this is the one that feels like home the moment you arrive!
Highlights
Home typeSingle Family Residence
HeatingBaseboard, Electric, Natural Gas
StatusActive
CoolingMulti Unit(s), Central Air
BasementYes
Lot size0.14 Acres
Year built1923
Parking1 Car Width, Blacktop, Detached Garage, Garage Door Opener
MLS #3958934
Garage2 spaces
FireplaceFamily Room, Wood Burning
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave, Gas Range, Gas Oven, Refrigerator, Self Cleaning Oven
- Basement: Yes
- Flooring Type: Carpeting, Tile, Wood
- Interior: Blinds, CODetect, CedrClst, Drapes, CeilHigh, SmokeDet, StallShw, TubShowr, WlkInCls
- Fireplace: Family Room, Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: 1 Car Width, Blacktop, Detached Garage, Garage Door Opener
- Exterior: Deck, Patio, Privacy Fence, Sidewalk, Thermal Windows/Doors, Underground Lawn Sprinkler, Wood Fence
- Architectural Style: Colonial
- Heating: Baseboard, Electric, Natural Gas
- Cooling: Multi Unit(s), Central Air
- List Price: $1,100,000
- Lot: Level, Open Lot
- Directions: Hamilton St to Lee Ave
- Year Built: 1923
- Lot Size: 0.14 Acres
- MLS Number: 3958934
- Office Name: COMPASS NEW JERSEY, LLC
- Office Phone: (201) 400-8714
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$1,100,000
5 Lee Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
9
Central Avenue Elementary School
Public District PK-5
0.3 mi
•50 Central Ave
8
Kings Road Elementary School
Public District KG-5
0.8 mi
•215 Kings Rd
8
Torey J. Sabatini Elementary School
Public District KG-5
1.2 mi
•Glenwild Circle
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,643. Typical income of Madison Boro, NJ residents is between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
10%
<35k
42%
35k-100k
31%
100k-200k
17%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
30%
Single, No Kids
6%
Single, with Kids
31%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
15%
18-34 yrs old
46%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis- Tennis
Where do the neighbors shop?
Nordstrom
Bloomingdales
Brooks Brothers
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Qdoba
What do the neighbors drive?
BMW
Lexus
Acura
What do the neighbors listen to?
Talk/Personality
News
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5 Lee Ave
The listing price of 5 Lee Ave property is $1,100,000.
The property 5 Lee Ave is a house located in Madison Boro, New Jersey, 07940.
Active Listing: 5 Lee Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5 Lee Ave are: Central Avenue Elementary School (GreatSchools Rating 9/10), Kings Road Elementary School (GreatSchools Rating 8/10), Torey J. Sabatini Elementary School (GreatSchools Rating 8/10), Madison Junior School (GreatSchools Rating 6/10), Ridgedale Middle School (GreatSchools Rating 7/10), Chatham Middle School (GreatSchools Rating 7/10), Madison High School (GreatSchools Rating 6/10), Chatham High School (GreatSchools Rating 8/10), Summit High School (GreatSchools Rating 7/10).
The property at 5 Lee Ave has 4 bedrooms and 2 full and 2 half bathrooms.
The year of construction for 5 Lee Ave is 1923.
This home is located at 5 Lee Ave in Madison Boro, NJ and zip code 07940. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $1,100,000.
Madison Boro, NJ housing market in April 2025 saw over 6 listings sold above listed price, more than 0 sold at listed price and over 0 sold below. The number of homes for sale in Madison Boro, NJ increased by 23.5% between March and April 2025.
From Rocket Homes Real Estate and based on county public records data.