Search
Duplex with Off-Street Parking
For Sale
$675,000

565 Madison Ave, Elizabeth, NJ 07201

Separate utilities serve both residences, alongside central A/C and forced-air heating.

Property SizeContact for details
Days on Market9

Property Features for 565 Madison Ave

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $9,721

Building Details

Units 2
Listing Agency: COLDWELL BANKER LIBERTY
Listed By: LUIS E CALVACHE · License #0561263
Source: Elliman
Added: Sep 29 Changed: Oct 6 Last Checked: Oct 7 at 1:06PM

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

Investment Insights

Based on property information with market context.

This two-unit Elizabeth property contains six bedrooms and two full baths. The lower residence has 2 bedrooms and connects to an unfinished walk-out basement. Above, a two-level unit includes 2 bedrooms on the second floor and 2 more in the attic, reached by an interior staircase. Central A/C, forced-air heat, separate utilities, and off-street parking for 5+ cars are among the property’s features.

The property is near public transportation, NJ TRANSIT rail service, major roadways, shops, restaurants, and schools. Newark and New York City are also accessible from this location.

Key Highlights

  • Two residences with 6 bedrooms and 2 full baths total
  • Upper unit spans two levels, with 2 bedrooms on the second floor and 2 in the attic
  • Lower unit has 2 bedrooms and access to an unfinished walk‑out basement

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Restaurant Pet Grooming Service Catering Service

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

2,306
Businesses Nearby

Demographics for 07201, NJ

29,390
Population
10,404
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
4,592
Density / Sq Mi
$62,026
Median Household Income
$33,092
Median Earnings
$1,476
Median Rent
$413,000
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities serve both residences, alongside central A/C and forced-air heating.
Where is this duplex located?
The property is located at 565 Madison Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two residences with 6 bedrooms and 2 full baths total; Upper unit spans two levels, with 2 bedrooms on the second floor and 2 in the attic; Lower unit has 2 bedrooms and access to an unfinished walk‑out basement
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again