21 Belmont Ave Madison Boro, NJ 07940

Downtown Madison! Conveniently located in "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 sqft 2 family duplex with basement. Each side w/ 3 bedrooms, 2 full and 2 half baths, 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 right side of garage maintaining 10'sideyard from right (north) side property line. Cottage has gas-forced air heat & central air A/C. "Walking" distance to Train station, restaurants, YMCA, and other amenities. Incredible opportunity