8 Lee Ave, Madison, NJ 07940
OFF MARKET

$968,700

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,725 sqft

8 Lee Ave, Madison, NJ 07940

Est. Refi. Payment $6,710/mo*
Refinance Your Home
Currently Off Market - Sold May 4, 2009 for $520,000

Home Value

Trulia Estimate
$969K
Since last month
Decreased$1K (-0.1%)
Since last year
Increased$94K (+10.7%)
Since last sale
Increased$449K (+86.3%)
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 +79% in the last 10 years
MonthEstimated value
2026
September 2026$969K
August 2026$970K
July 2026$974K
June 2026$997K
May 2026$965K
April 2026$931K
March 2026$921K
February 2026$888K
January 2026$877K
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
47 Ridgedale Ave, Madison, NJ
0.42
Single-Family Home
$530,000
03/03/26
3
3
1,564
7 Lee Ave, Madison, NJ
0.01
Single-Family Home
$1,160,000
01/02/26
3
3
-
36 Highland Ave, Madison, NJ
0.37
Single-Family Home
$805,000
05/12/26
5
5.5
-
31 Knollwood Ave, Madison, NJ
0.19
Single-Family Home
$1,175,000
09/15/26
3
2
-
37 Knollwood Ave, Madison, NJ
0.22
Single-Family Home
$952,500
08/25/26
3
3
-
43 Alexander Ave, Madison, NJ
0.15
Single-Family Home
$925,000
09/15/26
3
3
-
60 Greenwood Ave, Madison, NJ
0.12
Single-Family Home
$1,400,000
03/16/26
4
2
-
35 Knollwood Ave, Madison, NJ
0.21
Single-Family Home
$1,510,000
05/05/26
3
3
-
53 Highland Ave, Madison, NJ
0.39
Single-Family Home
$875,000
01/23/26
3
2
-
63 Samson Ave, Madison, NJ
0.87
Single-Family Home
$1,110,000
06/05/26
3
2
1,448

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
5 Lee Ave, Madison, NJ 07940
0.02
$1,473,900
4
4
-
Off Market
7 Lee Ave, Madison, NJ 07940
0.01
$1,160,000
3
3
-
Recently Sold
6 Valley Rd, Madison, NJ 07940
0.03
$1,312,700
3
2
-
Off Market
10 Hamilton St, Madison, NJ 07940
0.07
$2,012,200
4
4
-
Off Market
63 Greenwood Ave, Madison, NJ 07940
0.10
$999,800
3
2
-
Off Market
96 Greenwood Ave, Madison, NJ 07940
0.08
$2,142,500
5
5
-
Off Market
60 Greenwood Ave, Madison, NJ 07940
0.12
$1,400,000
4
2
-
Recently Sold
102 Greenwood Ave, Madison, NJ 07940
0.10
$1,376,900
4
4
-
Off Market
24 Valley Rd, Madison, NJ 07940
0.13
$1,358,100
3
2
-
Off Market
43 Alexander Ave, Madison, NJ 07940
0.15
$925,000
3
3
-
Recently Sold
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

Local Information

  • Map ViewExplore the area around 8 Lee Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1926
1,725 sqft
$562/sqft
Garage

About this House

Charming Colonial with great porch, living room w/FP, den, formal dining room, cozy kitchen, 3 bedrooms, updated full bath, 3rd floor office, unfinished basement
8 Lee Ave, Madison, NJ 07940 is a 3 bedroom, 1 bathroom, 1,725 sqft single-family home built in 1926. It last sold for $520,000 on May 4, 2009. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $968,700, with a rent estimate of $3,686/month.

Home Details for 8 Lee Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1926
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 5500 sqft

Price and Tax history

DateEventPrice
May 4, 2009
Source: N/A
Sold
$520,000
Apr 12, 2008
Source: Agent Provided
ListingRemoved
$569,000
Mar 9, 2008
Source: Agent Provided
Listed For Sale
$569,000
Dec 4, 2006
Source: N/A
Sold
$537,500
Aug 20, 2002
Source: N/A
Sold
$424,900

Market trends in Madison

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
12
10MoM

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

Frequently asked questions about 8 Lee Ave

  • What is 8 Lee Ave estimated to be worth?
    Trulia's estimated value for 8 Lee Ave in Madison, NJ is $968,700.
  • What is the price history for 8 Lee Ave?
    8 Lee Ave in Madison, NJ last sold for $520,000 in May 2009.
  • 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 8 Lee Ave?
    The lot at 8 Lee Ave in Madison, NJ is about 0.13 acres (5,500 sq ft).
  • Does 8 Lee Ave have a garage?
    Yes, 8 Lee Ave in Madison, NJ has a garage.

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Apartments for Rent

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Off Market Homes Near 8 Lee Ave

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