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Duplex With Two-Level Upper Unit
For Sale
$675,000

565 Madison Ave, Elizabeth, NJ 07201

Multi-Family, 2-Two Story, Elizabeth City, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market8

Property Features for 565 Madison Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking 5
Directions North Ave to Madison Ave
Standard status Active
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9721

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: COLDWELL BANKER LIBERTY · Coldwell Banker Real Estate
Listed By: LUIS E CALVACHE · License #0561263
Added: Sep 28 Changed: Oct 3 Last Checked: Oct 5 at 9:06PM
MLS# 4055456

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 duplex contains two residences with a combined 6 bedrooms. The lower unit has 2 bedrooms and connects to an unfinished walk-out basement. The upper residence spans two levels, with 2 bedrooms on the second floor and 2 more in the attic. Central air conditioning and forced-air heat serve the property, and the units have separate utilities. Public water and sewer are available.

Key Highlights

  • Two residences with a combined 6 bedrooms
  • Upper unit spans two levels and includes 4 bedrooms
  • Lower residence has 2 bedrooms and access to an unfinished walk‑out basement

Property Analytics

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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.

Lease Details

2
Residential units

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
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Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities serve the two residences, with off-street parking for multiple vehicles.
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 a combined 6 bedrooms; Upper unit spans two levels and includes 4 bedrooms; Lower residence has 2 bedrooms and access to an unfinished walk‑out basement
More about this property
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