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New Construction Duplex
For Sale
$850,000
Pending

259 Madison Ave, Newark, NJ 07108

Two-family property with contemporary kitchens, updated bathrooms, and layouts designed for comfortable residential use.

Property SizeContact for details
Days on Market66

Property Features for 259 Madison Ave

General Information

Standard status Pending
Property subtype Multi Family

Site & Location

Neighborhood Upper Clinton Hill
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $999

Building Details

Year Built 2026
Buildings 1
Units 2
Listing Agency: coldwell banker liberty
Listed By: MARIO ARISTIZABAL · License #290024
Source: Elliman
Added: Aug 21 Changed: Oct 15 Last Checked: Oct 24 at 5:48PM

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 coldwell banker liberty

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Investment Insights

Based on property information with market context.

Constructed in 2026, this duplex at 259 Madison Ave comprises two residential units with modern layouts and newly built interiors. Each unit includes bright living areas, a contemporary kitchen, a stylish bathroom, and spacious bedrooms, creating a consistent configuration across the property.

The property is in Newark, near shopping, dining, public transportation, major highways, and daily conveniences. Downtown Newark and New York City are also identified as accessible destinations. WalkScore is 71, rated Very Walkable; TransitScore is 57, rated Good Transit; and BikeScore is 42, rated Somewhat Bikeable.

Key Highlights

  • Two‑family duplex completed in 2026
  • Two residential units with bright living spaces and spacious bedrooms
  • Contemporary kitchens and stylish bathrooms in each unit

Property Analytics

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Lease Details

2
Residential units

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with contemporary kitchens, updated bathrooms, and layouts designed for comfortable residential use.
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 completed in 2026; Two residential units with bright living spaces and spacious bedrooms; Contemporary kitchens and stylish bathrooms in each unit
More about this property
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