Newark Multifamily Investment
For Sale
Contact for pricing
53 Madison Street, Newark, NJ 07105
Multifamily property near downtown Newark with convenient transportation access.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market107
Property Features for 53 Madison Street
General Information
Standard status
Active
Lot size
0.07 Acres
Property subtype
Multifamily
Net Operating Income
$146,244
Building Details
Buildings
1
Units
8
Listing Agency:
Horvath & Tremblay
Listed By:
Michael Lombardi · License #0569706
(201) 215-1801
Source:
Crexi
Added: May 20
Changed: Aug 28
Last Checked: Aug 31 at 9:13PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The multi-family investment property at 53 Madison Street in Newark, NJ, is a four-story building situated on a 0.07-acre parcel in a densely populated residential area. The building contains three 1-bedroom/1-bathroom units and five 2-bedroom/1-bathroom units. On-street parking is available. The property is near downtown Newark, providing access to the city’s central business district and surrounding residential neighborhoods. It benefits from proximity to Interstate 280, Interstate 78, and the Garden State Parkway, offering regional connectivity throughout Northern New Jersey and into New York City. NJ Transit rail and bus service, as well as PATH access to Manhattan, enhance accessibility. The downtown area features a mix of retail, dining, educational, and cultural amenities.
Key Highlights
- Located near downtown Newark, offering convenient access to the city’s central business district.
- Easy access to Interstate 280, Interstate 78, and the Garden State Parkway.
- Proximity to NJ Transit rail and bus service, as well as PATH access to Manhattan.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property near downtown Newark with convenient transportation access.
Where is this apartment building located?
The property is located at 53 Madison Street Newark, NJ.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Located near downtown Newark, offering convenient access to the city’s central business district.; Easy access to Interstate 280, Interstate 78, and the Garden State Parkway.; Proximity to NJ Transit rail and bus service, as well as PATH access to Manhattan.
