Triplex with Oversized
For Sale
$1,350,000
56 Madison St, Newark, NJ 07105
Multi-Family, 3-Three Story, Newark City, NJ
Property SizeContact for details
Lot Size0.07 Acres
Days on Market8
Property Features for 56 Madison St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 7, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 9, Bathroom 1, Basement, Bedroom 1
Parking
3
Lot features
Level Lot
Directions
Between Ferry St and Downing St
Standard status
Active
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8637
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
3
Number of units
3
Roof type
Flat
Architectural style
Other
Listing Agency:
NENO-ROSA AGENCY
(201) 997-7860
Listed By:
AUGUSTO NENO · License #243126
(201) 997-7860
Added: Aug 22
Last Checked: Aug 29 at 3:06PM
MLS# 4048330
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 Newark City triplex includes three residential apartments along with an oversized rear garage. The basement apartment was recently renovated and provides two bedrooms, a living room, an eat-in kitchen with granite countertops, a stove, refrigerator, in-unit washer and dryer, and a full bathroom. The first-floor residence has three bedrooms, a living room, an eat-in kitchen, and a full bathroom, while the second-floor apartment offers four bedrooms, a living room, an eat-in kitchen, and a full bathroom.
The property occupies 0.07 acres in the Ironbound area, within walking distance of Ferry Street. The rear garage is currently rented, and each apartment has separate gas utilities. Additional physical features include a flat roof installed 5 years ago, forced-air heating, central air, public water, and public sewer.
The property occupies 0.07 acres in the Ironbound area, within walking distance of Ferry Street. The rear garage is currently rented, and each apartment has separate gas utilities. Additional physical features include a flat roof installed 5 years ago, forced-air heating, central air, public water, and public sewer.
Key Highlights
- Three‑family Newark City property with three separate apartments
- Recently renovated basement apartment with 2 bedrooms and in‑unit washer and dryer
- Apartment bedroom counts are 2 in the basement, 3 on the 1st floor, and 4 on the 2nd floor
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
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?
Triplex - Three-family property with separate gas utilities and a recently updated basement apartment.
Where is this triplex 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‑family Newark City property with three separate apartments; Recently renovated basement apartment with 2 bedrooms and in‑unit washer and dryer; Apartment bedroom counts are 2 in the basement, 3 on the 1st floor, and 4 on the 2nd floor
