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Three-Story Residential Income Property
For Sale
$1,350,000

56 Madison St, Newark, NJ 07105

Central air and forced-air, natural-gas heating serve the property.

Property SizeContact for details
Days on Market42

Property Features for 56 Madison St

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $8,637

Amenities

Central Air
Forced Air, Natural Gas
Finished, Walk-Out Access
Oversized, Detached
3-Three Story

Building Details

Year Built 1920
Stories 3
Listing Agency: Neno-Rosa Agency
Listed By: AUGUSTO NENO · License #243126
Source: Evrealestate
Added: Aug 22 Changed: Oct 1 Last Checked: Oct 1 at 11:06AM

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 Neno-Rosa Agency

Investment Insights

Based on property information with market context.

This residential income property was built in 1920 and has a three-story configuration. Interior features include central air, forced-air heating with natural gas, and a finished area with walk-out access. The property also includes an oversized detached feature.

The address is 56 Madison St in Newark, between Ferry St and Downing St.

Key Highlights

  • Three‑story configuration
  • Built in 1920
  • Central air conditioning

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Buffet Tanning Salon Locksmith

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

Location Intelligence

Trade Area within ½ mile

4,286
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Central air and forced-air, natural-gas heating serve the property.
Where is this residential income property located?
The property is located at 56 Madison St Newark, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three‑story configuration; Built in 1920; Central air conditioning
More about this property
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