Search
Three-Story Duplex
For Sale
$639,900
Pending

115 Madison Ave, Elizabeth, NJ 07201

Multi-Family, 3-Three Story, Elizabeth City, NJ

Property SizeContact for details
Days on Market104

Property Features for 115 Madison Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Basement
Parking 5
Patio and Porch features Patio
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Exterior features MetalFnc, Patio, FencVnyl
Fencing Fenced
Directions E-Jersey Street to Madison Ave
Standard status Pending

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11143

Utilities

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

Building Details

Year built 1890
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REAL
Listed By: JORGE CASALINS · License #1435833
Added: Jun 25 Changed: Sep 22 Last Checked: Oct 6 at 2:06PM
MLS# 4036929

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.

Built in 1890, this duplex at 115 Madison Ave includes a larger front residence arranged across the first and second floors, with four bedrooms, two full baths, and a finished walk-up attic containing two additional rooms. The rear residence offers one bedroom plus a den. Interior finishes include hardwood and laminate flooring, while vinyl siding provides a low-maintenance exterior. A deep driveway, fenced patio, public water, and public sewer add practical features.

The property is located in Elizabeth City near NJ Transit, Newark Airport, I-95, and local shopping and dining. Separate gas and electric meters serve the two residences. The shingle roof was replaced in August 2022. The property is being sold as-is through an estate sale.

Key Highlights

  • Two‑unit property with four‑bedroom, two‑bath front residence and one‑bedroom‑plus‑den rear residence
  • Finished walk‑up attic adds two additional rooms to the front residence
  • Separate gas and electric meters serve each unit

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service Pet Store Pet Store & Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,504
Businesses Nearby

Demographics for 07201, NJ

29,390
Population
10,404
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
4,592
Density / Sq Mi
$62,026
Median Household Income
$33,092
Median Earnings
$1,476
Median Rent
$413,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residence with separate gas and electric meters, a deep driveway, and a fenced patio.
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‑unit property with four‑bedroom, two‑bath front residence and one‑bedroom‑plus‑den rear residence; Finished walk‑up attic adds two additional rooms to the front residence; Separate gas and electric meters serve each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again