Triplex with Oversized
For Sale
$1,350,000
56 Madison St, Newark, NJ 07105
Multi-Family, 3-Three Story, Newark City, NJ
Property SizeContact for details
Lot Size0.07 Acres
Days on Market42
Property Features for 56 Madison St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 1, Bedroom 9, Bathroom 3, Basement, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6
Parking
3
Lot features
Level Lot
Directions
Between Ferry St and Downing St
Standard status
Active
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8637
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
3
Number of units
3
Roof type
Flat
Architectural style
Other
Listing Agency:
NENO-ROSA AGENCY
(201) 997-7860
Listed By:
AUGUSTO NENO · License #243126
(201) 486-2796
Added: Aug 22
Changed: Sep 13
Last Checked: Oct 2 at 8:06PM
MLS# 4048330
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 three-unit residential property includes a recently renovated basement apartment with two bedrooms, a living room, eat-in kitchen, granite countertops, full bathroom, stove, refrigerator, and in-unit washer and dryer. The first-floor apartment offers three bedrooms, a living room, eat-in kitchen, and full bathroom, while the second-floor apartment has four bedrooms, a living room, eat-in kitchen, and full bathroom.
An oversized rear garage provides 1,632 square feet, dimensions of 34 by 48 feet, and 9–10-foot ceilings. The building has a flat roof installed 5 years ago, separate gas utilities, forced-air heating, central air, public water, and public sewer. Built in 1920, the property sits on 0.07 acres in Newark City’s Ironbound area, within a short walk of Ferry St.
An oversized rear garage provides 1,632 square feet, dimensions of 34 by 48 feet, and 9–10-foot ceilings. The building has a flat roof installed 5 years ago, separate gas utilities, forced-air heating, central air, public water, and public sewer. Built in 1920, the property sits on 0.07 acres in Newark City’s Ironbound area, within a short walk of Ferry St.
Key Highlights
- Three‑unit residential property with 2‑bedroom, 3‑bedroom, and 4‑bedroom apartments
- Recently renovated basement apartment with granite countertops and in‑unit washer and dryer
- Rear garage contains 1,632 square feet with 34x48 dimensions
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 07105, NJ
50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include a recently renovated basement apartment and an oversized rear garage.
Where is this triplex located?
The property is located at 56 Madison St Newark, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three‑unit residential property with 2‑bedroom, 3‑bedroom, and 4‑bedroom apartments; Recently renovated basement apartment with granite countertops and in‑unit washer and dryer; Rear garage contains 1,632 square feet with 34x48 dimensions
