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514 Madison Avenue Elizabeth, NJ $ 700,000
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$ 700,000 Get more info
514 Madison Avenue
$ 700,000
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Share Save

514 Madison Avenue

Elizabeth, NJ, 07201
$ 700,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 4,367

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Multi-Family Home for sale in Elizabeth, NJ

for $700,000 with 6 bedrooms and 3 full baths.

Exceptional Investment Opportunity Solid three-family property situated on an oversized lot in a prime area of town. Each unit offers 2 bedrooms, a full kitchen, and a full bath. The exterior has been fully updated, minimizing upfront capital expenditures. Interiors require renovation—ideal for value-add investors looking to maximize cash flow or reposition for resale. Strong rental upside with multiple income streams. Strategically located near NYC, major airports, and key transit hubs. Rare to find this combination of location, lot size, and potential. Act quickly—this won’t last.

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Multi-Family Pending

Price

$ 700,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,432

Style

3 Family

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

25022793
Features
General
Utilities Electricity Connected Natural Gas Connected Water Connected
Architectural Style 3 Family
Rooms None
County UNION
Property Type 2-4 Family
HOA N
Total Rooms 11
Full Baths 3
Status Under Contract - Under Contract
City Elizabeth
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 10432.0
Lease Considered Y/N N
Standard Status Pending
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 6
Total Baths 3
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* Excluded Features

Affordability Calculator

$5,236
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$869
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2025$700,000 -6.67% Price Down
7/1/2025$750,000 Listed Price

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514 Madison Avenue, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $700,000. 514 Madison Avenue has 6 bedrooms and 3.0 baths. The property's zip code is 07201 which is in Elizabeth, NJ

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