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Two-Family Three-Story Residence

115 Madison Ave Elizabeth, NJ 07201

Claim this Listing
For Sale
$639,900

MULTI_FAMILY - Elizabeth City, NJ

Added:
Jun 25, 2026
Days on Market:
16
Last Refresh:
Jul 10 at 8:06 pm

Property Features for 115 Madison Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 2, Basement, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 3
Parking
5
Patio and Porch features
Patio
Interior features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Exterior features
MetalFnc, Patio, FencVnyl
Fencing
Fenced
Standard status
Active

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
11143

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Water source
Public

Building Details

Year built
1890
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other

Listing agent JORGE CASALINS

Listing office REAL 165 PASSAIC AVE STE 205, Haddon Township, NJ

Listing date Jun 25, 2026

MLS# 4036929 Listing URL

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-family, three-story residence offers two separate living configurations. The front unit features a multi-level layout with four bedrooms and two full bathrooms across the first and second floors, plus a finished walk-up attic with two additional rooms. The rear unit is configured as a one-bedroom with a den. Interior finishes include a mix of classic hardwood and durable laminate flooring.

The property includes a deep driveway and vinyl siding for low-maintenance exterior care. Each unit is serviced by its own gas and electric meters. The roof was recently replaced in August 2022. The seller advises the property is being offered as-is as part of an estate sale.

Designed for owner-occupants or income-focused buyers, this layout allows one side to be used as a larger primary residence while the second unit provides rental separation. Separate utilities can simplify tenant billing and operational management. The home’s proximity to NJ Transit, Newark Airport, I-95, and local shopping and dining may support its appeal to commuter households.

Key Highlights

  • Two‑family residence built in 1890 with front unit and rear unit configurations
  • Front unit: 4 bedrooms and 2 full baths across first and second floors plus finished walk‑up attic with 2 additional rooms
  • Rear unit: 1‑bedroom plus den

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service Pet Store Pet Store & Service Restaurant Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit multi-family home with separate meters, deep driveway, vinyl siding, and a roof replaced in 2022.
Where is this duplex located?
The property is located at 115 Madison Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Two‑family residence built in 1890 with front unit and rear unit configurations; Front unit: 4 bedrooms and 2 full baths across first and second floors plus finished walk‑up attic with 2 additional rooms; Rear unit: 1‑bedroom plus den
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