Huge Price Reduction! This is a Homepath Fannie Mae property. This home offers 2 bedrooms, 2 full bathrooms, Livingroom, Familyroom with fireplace, and a huge Backyard with InGround pool.
Sold for $235,000 on 04/25/25
$235,000
501 Madison Ln, Magnolia, NJ 08049
2beds
1,795sqft
MultiFamily
Built in 1960
-- sqft lot
$246,800 Zestimate®
$131/sqft
$2,000 Estimated rent
Home value
$246,800
$217,000 - $281,000
$2,000/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central
Interior area
- Total interior livable area: 1,795 sqft
Property
Lot
- Size: 0.25 Acres
Details
- Parcel number: 23000070100026
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Magnolia
Other
Other facts
- LisMediaList: Photo
- LocaleListingStatus: ACTIVE
- Ownership: Fee Simple
- BedroomMaster1Level: Main
- DiningKitchen: EatInKitchen
- Kitchen1Level: Main
- LaundryType: MainFlrLndry
- LivingRoomLevel: Main
- Parking: 2-CarParking
- RoomList: Living Room, Bedroom-Master, Bedroom-Second, Kitchen, Family Rm
- SewerSeptic: Public Sewer
- Water: Public
- MainEntrance: CathCeilEntr, Living Room
- BedroomSecond1Level: Main
- CookingFuel: ElecCooking
- GarageSpaces: NoGarage
- Design: 1-Story
- State: NJ
- Styles: Rancher, Prefab
- Heating: Oil
- InteriorSquareFeetSource: Assessor
- HotWater: Oil
- Exterior: Alum/Steel Siding
- FamilyRoomLevel: Main
- AdditionalSaleTerms: Bank Owned/REO
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $235,000+370%$131/sqft |
Source: Public Record | ||
| 3/11/2017 | Sold | $50,000-19.2%$28/sqft |
Source: Public Record | ||
| 12/30/2016 | Price change | $61,900-11.4%$34/sqft |
Source: HomeSmart First Advantage Realty #6829683 | ||
| 12/8/2016 | Price change | $69,900-6.2%$39/sqft |
Source: HomeSmart First Advantage Realty #6829683 | ||
| 11/8/2016 | Price change | $74,500-19.5%$42/sqft |
Source: HomeSmart First Advantage Realty #6829683 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,937 | $144,500 |
| 2024 | $6,937 +2.5% | $144,500 |
| 2023 | $6,768 +2.7% | $144,500 |
Find assessor info on the county website
Neighborhood: 08049
Nearby schools
GreatSchools rating
- 5/10Magnolia Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 4/10Sterling High SchoolGrades: 9-12Distance: 1.5 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$246,800
2% more+ $4,936
With Zillow Showcase(estimated)
$251,736