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

514 Madison Ave

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. This home was built in 1900 on a lot size of 0.14.

Exceptional Investment OpportunitySolid 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

$ 10,431

Style

3-Three Story

Lot Size

0.14

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3986286
Features
General
Sewer Public Sewer
Heating Radiators - Hot Water
Cooling Window A/C(s)
Utilities Gas In Street
Possession 60-90
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1900
Garage None
Township Elizabeth City
Tax Year 2024
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 11
Full Baths 3
Status Under Contract
Directions GPS 514 Elizabeth
Open Parking Spaces 6
Number Of Units Total 3
Tax Annual Amount 10431
Drive Blacktop Common Driveway-Shared
Standard Status Under Contract
Tax Assessed Value 542200
Town # 2904
Tax Lot 20
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Composition Shingle
Lot Dimensions 55X108
Lot Size Acres 0.14
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* Excluded Features
List By
HELEN MARTINO

Listing Agent

Christie's Int. Real Estate Group

Broker

Hmartino@ChristieslRealEstateGroup.com

Email

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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/11/2025$700,000 Listed Price

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514 Madison Ave, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $700,000 with a lot size of 0.14. 514 Madison Ave has 6 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07201 which is in Elizabeth, NJ

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