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New Construction Duplex
For Sale
$850,000

259 Madison Ave, Newark, NJ 07108

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

Property SizeContact for details
Lot Size0.06 Acres
Days on Market44

Property Features for 259 Madison Ave

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Parking 1
Directions googlemaps, if addres is not found please search 808 s 12th st Newark and from there head to Madison, you will find the property around the corner.
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 999

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: COLDWELL BANKER LIBERTY · Coldwell Banker Real Estate
Listed By: MARIO ARISTIZABAL · License #290024
Added: Aug 20 Changed: Oct 1 Last Checked: Oct 2 at 3:06PM
MLS# 4047965

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 under-construction duplex is planned as a two-family residential property with six bedrooms and four bathrooms. The 2026 construction includes separate living accommodations with kitchens, living areas, bathrooms, and bedrooms arranged for household use. Central air conditioning and forced-air heating are specified, along with a shingle roof.

The property occupies 0.06 acres at 259 Madison Ave in Newark City, New Jersey. Public water and public sewer serve the site. Its location provides access to shopping, dining, public transportation, major highways, Downtown Newark, and New York City, as described in the property information.

Key Highlights

  • Two‑family duplex under construction
  • Six bedrooms and four bathrooms
  • 2026 construction

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,398
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family layout with central air, forced-air heat, and public utilities.
Where is this duplex located?
The property is located at 259 Madison Ave Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family duplex under construction; Six bedrooms and four bathrooms; 2026 construction
More about this property
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