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Two-Family Duplex with Detached Garage
For Sale
$950,000

57 Madison St, Newark, NJ 07105

Two apartments offer separate utility service, central air, forced hot-air heating, and finished basement space.

Property SizeContact for details
Days on Market64

Property Features for 57 Madison St

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home

Site & Location

Neighborhood Ironbound

Units

Unit Mix 3BR, 2BR
Multifamily Units 2
Individually Metered Utilities heat, hot water, gas, electric

Additional Details

Furnished No

Amenities

Carbon Monoxide Detector
Carpeting
Smoke Detector
Tile Floors
Wood Floors

Building Details

Year Built 1920
Units 2
Listing Agency: Neno-Rosa Agency
Listed By: Augusto Neno · License #243126
Source: Culturaunitedrealty
Added: Aug 22 Changed: Oct 23 Last Checked: Oct 23 at 5:48PM

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

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Investment Insights

Based on property information with market context.

This two-family duplex contains a three-bedroom first-floor apartment with a living room, eat-in kitchen, and full bathroom. The second-floor unit has two bedrooms, a living room, and an eat-in kitchen with a refrigerator, stove, microwave, and granite countertops. Its bathroom and kitchen are newer, and the unit includes a washer and dryer. Central air and forced hot-air heating serve both apartments.

A finished basement adds a recreation room, summer kitchen, and washer and dryer. Heat, hot water, gas, and electric are separately metered by apartment. The property also includes a detached three-car garage and was built in 1920. Ferry Street is within walking distance.

Key Highlights

  • Two‑family duplex with a three‑bedroom first‑floor apartment and a two‑bedroom second‑floor apartment
  • Detached three‑car garage
  • Finished basement with summer kitchen, recreation room, and washer/dryer

Property Analytics

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Lease Details

2
Residential units

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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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two apartments offer separate utility service, central air, forced hot-air heating, and finished basement space.
Where is this duplex located?
The property is located at 57 Madison St Newark, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑family duplex with a three‑bedroom first‑floor apartment and a two‑bedroom second‑floor apartment; Detached three‑car garage; Finished basement with summer kitchen, recreation room, and washer/dryer
More about this property
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