48 Central Ave, Madison, NJ 07940
Property image
Property image
OFF MARKET

$891,800

Trulia Estimate
as of Sep 18, 2026
  • 3 Beds
  • 1.5 Baths
  • 2,482 sqft

48 Central Ave, Madison, NJ 07940

Home Highlights

Townhouse
2,482 sqft
$359/sqft

Local Information

  • Map ViewExplore the area around 48 Central Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

48 CENTRAL AVENUE MADISON-UNBELIEVABLE LOCATION, WALKABILTY SCORE OF 85, NEWER CONSTRUCTION, BRIGHT AND CLEAN!

LARGE TOWNHOUSE, THREE BEDROOM, ONE AND ONE-HALF BATHS, ADJACENT TO ONE OF BEST NJ ELEMENTARY SCHOOLS AND PARKS, QUARTZ COUNTERS IN KITCHEN,WALK TO TRAIN (DIRECT RAIL SERVICE TO MANHATTAN) AND HISTORIC DOWNTOWN, HIGHLY WALKABLE LOCATION, FINISHED LOWER LEVEL WITH INDIVIDUAL WASHER AND DRYER, LARGE WINDOWS, CENTRAL AIR, PERGO FLOORS, DISHWASHER AND ALL APPLIANCES, PARKING FOR 2 CARS, NO FEE, SMALL PETS OK.

CREDIT CHECK AND REFERENCES REQUIRED. CARMEN VACCHIANO WILL COOPERATE WITH BROKERS.

MADISON IS CLOSE TO: CHATHAM, MORRISTOWN, MORRIS PLAINS, CONVENT STATION,FLORHAM PARK, PARSIPPANY, RANDOLPH, MENDHAM, DENVILLE, BERNARDSVILLE, SHORT HILLS, SUMMIT, EAST HANOVER, WHIPPANY. EASY ACCESS TO NJ TURNPIKE, GARDEN STATE PARKWAY, I-78, I-287 AND ROUTE 24.

Flexible lease terms but 1 year lease preferred. Owner pays for all maintenance and sewer.
48 Central Ave, Madison, NJ 07940 is a 3 bedroom, 2 bathroom, 2,482 sqft townhouse. It last sold for $302,000 on Jan 7, 2002 (7,177% above the $4,150 asking price). More recently, it was listed as a rental in June 2026 with an asking price of $4,150 per month. That rental listing was removed on June 8, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $891,800, with a rent estimate of $5,011/month.

Home Details for 48 Central Ave

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Parking & Garage
Parking: Driveway Off Street, On Site

Comparable Sales for 48 Central Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
60 Brandywyne Dr, Florham Park, NJ
1.26
Townhouse
$400,000
03/06/26
1
1.5
940 sqft
4 Trevino Ct, Florham Park, NJ
1.85
Townhouse
$1,325,000
12/03/25
2
4
2,578 sqft
50 Davenport Pl #4210, Morristown, NJ
2.13
Townhouse
$681,000
07/07/26
2
2
1,424 sqft
27 Wilson Dr #67, Morristown, NJ
2.51
Townhouse
$1,300,000
04/08/26
3
2.5
2,341 sqft
29 Wilson Dr #69, Morristown, NJ
2.51
Townhouse
$1,405,000
05/15/26
3
2.5
2,341 sqft
11 Wolff Rd #114, Morristown, NJ
2.43
Townhouse
$1,400,000
10/02/25
4
4
3,444 sqft
38 Park Street #8F, Florham Park, NJ
2.29
Townhouse
$610,000
12/03/25
3
2.5
-
250 Ridgedale Ave #H4, Florham Park, NJ
2.85
Townhouse
$742,000
03/17/26
3
2.5
3,000 sqft
26 Melrose Ln, Chatham, NJ
1.68
Townhouse
$1,905,000
06/08/26
-
3,878 sqft
5 E Dorado Dr, Morristown, NJ
3.16
Townhouse
$611,030
02/20/26
2
3
1,680 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Rental Market Trends in Madison

Last updated Sep 2026
Trulia Rent Estimate$5,011/mo
Average rent
$3.36K
$16MoM
Available listings
33
View rental market trends in Madison, NJ

Around this home

What Locals Say about Madison

At least 147 Trulia users voted on each feature.

  • 90 % Say people would walk alone at night

  • 88 % Say it's dog friendly

  • 84 % Say there are sidewalks

  • 83 % Say parking is easy

  • 82 % Say there's holiday spirit

  • 80 % Say it's walkable to restaurants

  • 80 % Say streets are well-lit

  • 78 % Say it's walkable to grocery stores

  • 77 % Say kids play outside

  • 76 % Say car is needed

  • 73 % Say yards are well-kept

  • 69 % Say it's quiet

  • 65 % Say they plan to stay for at least 5 years

  • 59 % Say neighbors are friendly

  • 56 % Say there's wildlife

  • 55 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Heathermdelvalle
    "Fun downtown. Great schools. Cool people."
    0
    Flag
  • Lee Vanderpool
    "Multiple train options w frequent, direct trains into NYC (50 mins). Boxcar is also available but can take a little longer, depending on traffic (although more convenient). Drive to Secaucus is also an option."
    1
    Flag
  • Trulia User
    "Grew up here my entire life. My neighbors became like family to me and I am lucky to know them. There’s a strong sense of community in the everyday life, people talk to their neighbors beyond the generic “how are ya”."
    0
    Flag
  • Poxner
    "Great dog park and easy to meet new people with dogs and your neighbors while walking your dog around town. "
    2
    Flag
  • Lellis444
    "I’ve lived I this neighborhood for 36 years, it’s quiet and well maintained. It’s within walking distance to elementary, middle and high schools and the historic downtown and the train station. "
    3
    Flag
  • Terry D.
    "Best town in NJ! Beautiful, safe, good schools and great town management. The city of Madison runs like a well oiled machine. They take care of everything! We love living here!"
    3
    Flag
  • Cassandra L.
    "Great neighbors! People know each other and look out for each other. fantastic location, walking distance to train, downtown, schools and parks."
    0
    Flag
  • Westend200
    "It’s a beautiful neighborhood with great facilities. The shopping provide for a wide variety of convenience stores. It is fantastic for raising children. It’s location provides easy access to many key locations. "
    1
    Flag
  • Frances D.
    "People are polite in general and patriotic. There are a lot of finance people who commute to NYC. The town has history; dates back to 1700’s. Decent bars and restaurants. Three colleges nearby. Quaintish downtown area. "
    1
    Flag
  • gail e.
    "Lived here 38 yrs. great place to raise kids. Great schools. Walkable town. Many community events. "
    0
    Flag
  • Aspelker
    "Great schools with easy access to the city by train. "
    1
    Flag
  • Homesforsalenj
    "Love the town and this side of town has best of everything! Bussing to schools Access to Shopping without the traffic lights Quick access to NYC & rte 78 "
    0
    Flag
  • bvielehr
    "Madison is a wonderful town in all ways"
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jun 8, 2026
Source: Zillow Rentals
ListingRemoved
$4,150
Jun 2, 2026
Source: Zillow Rentals
Listed For Rent
$4,150
Sep 25, 2025
Source: Zillow Rentals
ListingRemoved
$4,300
Sep 6, 2025
Source: Zillow Rentals
PriceChange
$4,300
Price decreased by 7%
Jul 11, 2025
Source: Zillow Rentals
Listed For Rent
$4,600

Frequently asked questions about 48 Central Ave

  • What is 48 Central Ave estimated to be worth?
    Trulia's estimated value for 48 Central Ave in Madison, NJ is $891,800.
  • What is the price history for 48 Central Ave?
    48 Central Ave in Madison, NJ last sold for $302,000 in January 2002.
  • Is Madison a buyer's or seller's market?
    Madison is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Madison?
    Residents describe Madison, NJ as dog-friendly, pedestrian-friendly, and easy to park in. See recently sold homes in Madison, NJ.
  • Does 48 Central Ave have air conditioning?
    Yes, 48 Central Ave in Madison, NJ has air conditioning.
  • Does 48 Central Ave have laundry facilities?
    Yes, 48 Central Ave in Madison, NJ has in-unit laundry.

Homes for rent near 48 Central Ave

Skip to last item
Skip to first item

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
Skip to last item
  • Results are loading
Skip to first item