1013-1015 Madison Ave Elizabeth, NJ $ 924,000
1013-1015 Madison Ave
$ 924,000
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1013-1015 Madison Ave

Elizabeth, NJ, 07201
$ 924,000
Bedrooms8 Baths5.0 Sq 2,800

Monthly Estimate*

$ 5,834

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Multi-Family Home for sale in Elizabeth, NJ

for $924,000 with 8 bedrooms and 5 full baths. This 2,800 square foot home was built in 1924 on a lot size of 0.11.

A must-see multifamily with generous space, abundant parking, and standout outdoor amenities! Well-maintained two-family offering approximately 2,800 sq. ft. across the main floors, plus a finished basement and attic. The first-floor unit features 3 bedrooms and 2 full baths, while the second floor offers 4 bedrooms and 1 bath. The finished basement includes 2 bonus rooms, a kitchenette, and a full bath; the finished attic adds 2 bonus rooms and another full bath?providing 7 bedrooms, 4 bonus rooms, and 5.5 baths throughout.Enjoy a private backyard with a full paver patio, a detached 2-car garage, and parking for 4 additional vehicles. An attached workshop with a brick pizza oven and barbecue adds a unique entertaining space. Roof and exterior upgrades complement this well-cared-for property.The first-floor unit will be delivered vacant at closing, making this an excellent opportunity for an owner-occupant seeking rental income or an investor seeking strong rental potential.

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Multi-Family Active

Price

$ 924,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,636

Style

2-Two Story

Lot Size

0.11

Year Built

1924

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4056700

Features
Interior
Interior Amenities Carbon Monoxide Detector Chandelier Fire Alarm Sys Smoke Detector Tile Floors Vinyl-Linoleum Floors Wood Floors
Basement Finished Full Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 8
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General
Sewer Public Sewer
Heating 2 Units Baseboard - Electric
Cooling Wall A/C Unit(s) Window A/C(s)
Utilities Electric Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 2
Architectural Style 2-Two Story
Year Built 1924
Garage Detached Garage
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 20
Full Baths 5
Status Active
Directions North Ave to Madison Ave
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 11636
Drive 1 Car Width Blacktop
Standard Status Active
Tax Assessed Value 576900
Town # 2904
Tax Lot 5
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Exterior
Exterior Amenities Barbeque Deck Open Porch(es) Patio Wood Fence Workshop
Lot Features Level Lot
Water Source Public Water
Exterior Description Stone Vinyl Siding
Building Area Total 2800
Lot Dimensions 33X150
Lot Size Acres 0.11
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* Excluded Features
List By
SEAN MICHAEL PHALON

Listing Agent

Corcoran Infinity Properties

Broker

Affordability Calculator

$6,804
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,834
Monthly Property Taxes
$970
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2026$924,000 Listed Price

Map


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1013-1015 Madison Ave, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $924,000 with 2,800 sqft and a lot size of 0.11. 1013-1015 Madison Ave has 8 bedrooms, 5.0 baths, and was built in 1924. The property's zip code is 07201 which is in Elizabeth, NJ