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Two-Family Income Property
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Pending

16 Madison Avenue, Clifton, NJ 07011

Two-family residence with one vacant unit, separate utilities, a waterproofed basement, and rear garages plus parking.

Property SizeContact for details
Days on Market51

Property Features for 16 Madison Avenue

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units

Additional Details

Multifamily Units 2
Listing Agency: Prestige Property Group - Montclair
Listed By: Nicholas Salemme · License #1753949
Source: Capmarkrealty
Added: Jul 20 Changed: Sep 8 Last Checked: Aug 25 at 3:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prestige Property Group - Montclair

Investment Insights

Based on property information with market context.

This two-family home offers two separate units and includes a vacant first unit featuring 3 bedrooms and 1 full bath, plus a large porch. The second unit has 4 bedrooms and 1 full bath, along with a front bonus room. Additional finished attic space is accessed via a separate entrance, offering extra flexibility. The home also features a large rear deck, separate utilities, and a professionally waterproofed basement.

Located at 16 Madison Avenue in Clifton, NJ, the property includes multiple opportunities for off-street use, with three garages and multiple parking spaces in the rear.

Overall, the layout supports multiple living areas across the main units and finished attic, complemented by robust utility separation and basement waterproofing.

Key Highlights

  • 7 bedrooms and 3 full baths in a two‑family residence
  • One unit is vacant: 3 bedrooms and 1 full bath with a large sized porch
  • Second unit features 4 bedrooms and 1 full bath plus a bonus room in the front

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Nursing Home Tattoo & Piercing Shop Locksmith Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

2,297
Businesses Nearby

Demographics for 07011, NJ

41,691
Population
14,198
Households
2.9
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
13,449
Density / Sq Mi
$73,589
Median Household Income
$41,323
Median Earnings
$1,613
Median Rent
$403,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family residence with one vacant unit, separate utilities, a waterproofed basement, and rear garages plus parking.
Where is this duplex located?
The property is located at 16 Madison Avenue Clifton, NJ.
What are key features of this property?
This property features: 7 bedrooms and 3 full baths in a two‑family residence; One unit is vacant: 3 bedrooms and 1 full bath with a large sized porch; Second unit features 4 bedrooms and 1 full bath plus a bonus room in the front
More about this property
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