21 Belmont Ave Madison Boro, NJ 07940

Downtown Madison! Conveniently located in the "center of town" this 75' x 250' lot just under a half-acre located in a 2-family zone currently has a 3-room, 1 bedroom cottage with 2 car deep detached garage. Value is in the land. Property was preliminarily 'approved' to remove existing structures and build 3 story approx 5,000 sq ft 2 family duplex with basement. Each side has 3 bedrooms, 2 full and 2 half baths, a finished basement & built-in garage. Potential to sell off each side as a condo-townhouse. Topographical survey and preliminary plans are available for review. Or, in addition to the 3-room cottage, there was a grandfathered 2-family dwelling which measured 23' x 47' (1,080 sq ft footprint) on property which was demolished and can be rebuilt on the right side of the garage maintaining 10'sideyard from the right (north) side property line. Cottage has gas-forced air heat & central air A/C. "Walking" distance to the Train station, restaurants, YMCA, and other amenities. Incredible opportunity.