1 Park Ln

Madison Boro, NJ 07940


 

Price: $2,750,000

GSMLS:  4053122
Type: Single Family
Style: Colonial
Beds: 5
Baths: 4 Full & 2 Half
Garage: 2-Car
Year Built: 1952
Acres: 0.67
Property Tax: $33,138
Description
A remarkable gem, 1 Park Lane has been masterfully restored & reimagined for modern luxury on .67 beautifully manicured acres in Madison's prestigious Hill section. This five-bedroom showstopper blends timeless architecture w/ sophisticated design & custom detail.The gracious entrance is flanked by an elegant dining room & chic living room while a spectacular chef's kitchen serves as the heart of the home. Designed w/ an effortless cool aesthetic & incorporating reclaimed wood that honors the home's original footprint, the kitchen features an oversized island, 30-inch sink flanked by 2 Bosch dishwashers, Thermador appliances & custom finishes. A newly restored 3-season porch w/ fireplace is an idyllic retreat for any season. A completely rebuilt left wing offers a private entrance, mudroom, oversized 2-car garage, stylish office & custom pub designed for memorable evenings. Throughout the home, multiple fireplaces add warmth & architectural presence, including the spectacular family room w/ cathedral ceiling & wet bar. A full bath & serene guest suite w/ soaring ceilings complete the main level. Upstairs, a magnificent primary suite boasts dual walk-in closets & a spa-caliber bath, joined by three additional bedrooms, including one ensuite & a luxurious hall bath. The expansive lower level offers a gym, rec & game rooms, office, bath & flexible space.Outside, a stunning bluestone patio w/ built-in gas fire pit & outdoor kitchen creates the ultimate setting for entertaining.
Rooms Sizes
Kitchen:
31x22 First
Dining Room:
15x13 First
Living Room:
15x26 First
Family Room:
18x21 First
Den:
n/a
Bedroom 1:
17x15 Second
Bedroom 2:
16x13 Second
Bedroom 3:
21x13 Second
Bedroom 4:
15x21 Second
Room Levels
Basement:
BathOthr,Exercise,GameRoom,Office,RecRoom,Storage,Utility
Ground:
n/a
Level 1:
1Bedroom,BathOthr,DiningRm,FamilyRm,Florida,Foyer,GarEnter,InsdEntr,Kitchen,LivingRm,MudRoom,Office,OutEntrn,Pantry,PowderRm
Level 2:
4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Center Island, Eat-In Kitchen
Dining Room:
Formal Dining Room
Master Bedroom:
Full Bath, Walk-In Closet
Bath:
Soaking Tub, Stall Shower
Interior Features
Square Foot:
n/a
Year Renovated:
2015
Basement:
Yes - Bilco-Style Door, Finished
Full Baths:
4
Half Baths:
2
Appliances:
Carbon Monoxide Detector, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Water Filter, Water Softener-Own, Wine Refrigerator
Flooring:
Tile, Vinyl-Linoleum, Wood
Fireplaces:
3
Fireplace:
Family Room, Gas Fireplace, Insert, Living Room, Wood Burning
Interior:
BarWet,CODetect,CeilCath,SmokeDet,SoakTub,StallShw,WlkInCls,WndwTret
Exterior Features
Garage Space:
2-Car
Garage:
Attached,Finished,DoorOpnr,InEntrnc,Oversize
Driveway:
2 Car Width, Additional Parking, Blacktop, Driveway-Exclusive
Roof:
Asphalt Shingle
Exterior:
Brick, Wood, Wood Shingle
Swimming Pool:
No
Pool:
n/a
Utilities
Heating System:
3 Units, Multi-Zone
Heating Source:
Electric, Gas-Natural
Cooling:
3 Units, Multi-Zone Cooling
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Services:
Cable TV Available
Lot Features
Acres:
0.67
Lot Dimensions:
126X232
Lot Features:
Level Lot
School Information
Elementary:
Kings Road School (K-5)
Middle:
Madison Junior School (6-8)
High School:
Madison High School (9-12)
Community Information
County:
Morris
Town:
Madison Boro
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$2,750,000
Tax Amount:
$33,138
Land Assessment:
$760,800
Build. Assessment:
$709,400
Total Assessment:
$1,470,200
Tax Rate:
2.25
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4053122
List Date:
09-16-2026
Days On Market:
1
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Jane Schelling
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox