5 Lee Ave, Madison, NJ 07940
OFF MARKET

$1,473,900

Trulia Estimate
  • 4 Beds
  • 4 Baths

5 Lee Ave, Madison, NJ 07940

Est. Refi. Payment $9,926/mo*
Refinance Your Home
Currently Off Market - Sold Jun 30, 2025 for $1,387,000

Home Value

Trulia Estimate
$1.47M
Since last month
Decreased$26K (-1.8%)
Since last year
Increased$73K (+5.2%)
Since last sale
Increased$87K (+6.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +74% in the last 10 years
MonthEstimated value
2026
August 2026$1.47M
August 2026$1.47M
July 2026$1.5M
June 2026$1.5M
May 2026$1.47M
April 2026$1.47M
March 2026$1.46M
February 2026$1.46M
January 2026$1.44M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7 Lee Ave, Madison, NJ
0.01
Single-Family Home
$1,160,000
01/02/26
3
3
-
35 Knollwood Ave, Madison, NJ
0.20
Single-Family Home
$1,510,000
05/05/26
3
3
-
10 Locust St, Madison, NJ
0.15
Single-Family Home
$1,599,000
10/14/25
5
4
-
107 Greenwood Ave, Madison, NJ
0.17
Single-Family Home
$1,631,000
01/30/26
5
4
-
60 Greenwood Ave, Madison, NJ
0.11
Single-Family Home
$1,400,000
03/16/26
4
2
-
37 Knollwood Ave, Madison, NJ
0.21
Single-Family Home
$952,500
08/25/26
3
3
-
32 Sherwood Ave, Madison, NJ
0.19
Single-Family Home
$1,030,000
09/25/25
4
3
-
26 Longview Ave, Madison, NJ
0.25
Single-Family Home
$2,150,000
08/04/26
4
4
-
152 Central Ave, Madison, NJ
0.30
Single-Family Home
$1,350,000
12/01/25
4
3
-
77 Valley Rd, Madison, NJ
0.37
Single-Family Home
$1,900,000
02/17/26
5
4
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7 Lee Ave, Madison, NJ 07940
0.01
$1,160,000
3
3
-
Recently Sold
6 Valley Rd, Madison, NJ 07940
0.04
$1,312,700
3
2
-
Off Market
10 Hamilton St, Madison, NJ 07940
0.05
$2,018,300
4
4
-
Off Market
63 Greenwood Ave, Madison, NJ 07940
0.10
$996,600
3
2
-
Off Market
96 Greenwood Ave, Madison, NJ 07940
0.10
$2,142,500
5
5
-
Off Market
60 Greenwood Ave, Madison, NJ 07940
0.11
$1,400,000
4
2
-
Recently Sold
102 Greenwood Ave, Madison, NJ 07940
0.12
$1,394,400
4
4
-
Off Market
24 Valley Rd, Madison, NJ 07940
0.12
$1,398,500
3
2
-
Off Market
57 Greenwood Ave, Madison, NJ 07940
0.14
$1,150,000
Studio
-
-
Recently Sold
14 Locust St, Madison, NJ 07940
0.14
$1,250,000
Studio
-
-
Recently Sold
55 Greenwood Ave, Madison, NJ 07940
0.14
$978,200
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5 Lee Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1923

About this House

This single-family home is located at 5 Lee Ave, Madison, NJ. 5 Lee Ave is in Madison, NJ and in ZIP code 07940. This property has 4 bedrooms and 4 bathrooms. This property has a lot size of 6098 sqft and was built in 1923.
5 Lee Ave, Madison, NJ 07940 is a 4 bedroom, 4 bathroom single-family home built in 1923. It last sold for $1,387,000 on Jun 30, 2025 (26% above the $1,100,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,473,900, with a rent estimate of $6,108/month.
Last check for updates: 1 day ago
Listed by Susan Oldendorp, (973) 310-6816
Compass New Jersey, Llc
Bought with: Brooke Visentini, Prominent Properties Sir
Source: GSMLS, MLS#3958934

Home Details for 5 Lee Ave

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence

Price & Status

Price
List Price: $1,100,000

Location

Direction & Address
City: Madison Boro

Lot Information

Lot Area: 6098.4 sqft

Miscellaneous

Mls Number: 3958934Attribution Contact: 973-310-6816

Price and Tax history

DateEventPrice
Jun 30, 2025
Source: GSMLS #3958934
Sold
$1,387,000
May 9, 2025
Source: GSMLS #3958934
Pending
$1,100,000
Apr 30, 2025
Source: GSMLS #3958934
Listed For Sale
$1,100,000
Dec 16, 2016
Source: GSMLS #3333889
Sold
$810,000
Oct 28, 2016
Source: Agent Provided
PriceChange
$799,000
Price decreased by 3%

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
22

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

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The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Frequently asked questions about 5 Lee Ave

  • What is 5 Lee Ave estimated to be worth?
    Trulia's estimated value for 5 Lee Ave in Madison, NJ is $1,473,900.
  • What is the price history for 5 Lee Ave?
    5 Lee Ave in Madison, NJ last sold for $1,387,000 in June 2025.
  • 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.
  • How big is the lot at 5 Lee Ave?
    The lot at 5 Lee Ave in Madison, NJ is about 0.14 acres (6,098 sq ft).

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