39 North StreetMadison Boro, NJ 07940Price: $999,000

CALLING ALL BUILDERS, INVESTORS, CONTRACTORS, DEVELOPERS - 39 North is a prime opportunity in the highly desirable town of Madison. This 100' x 170' (17,000 sqft) double-wide lot is in an R-4 zone, allowing both single-family and multi-family development. Likely eligible for a possible subdivision, the lot meets town requirements for two buildable parcels, each exceeding the minimum lot size for either use. Multi-family requires 60' frontage, 110' depth, and 7,250 sqft. per lot, while single-family requires 50' frontage, 110' depth, and 6,250 sqft. per lot, providing ample space for two possible structures. Property currently features an existing home, positioned on only one half of the property that requires a full gut renovation and offers the option to be renovated and expanded or demolished for new construction. With flexible development potential, the property presents multiple possibilities - build two new homes, renovate while developing the second lot, or create a custom project maximizing its prime location. Opportunities like this are rare - bring your vision to life at your next project at 39 North. The property is being sold fully & strictly AS-IS.