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Two-Unit Duplex with Detached Garage
New
For Sale
$899,000

9 North St, Madison, NJ 07940

Two residential units offer separate living areas, with a finished third-floor space in the upper unit.

Property SizeContact for details
Days on Market6

Property Features for 9 North St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,865

Building Details

Year Built 1920
Buildings 1
Units 2
Listed By: MICHELLE M. ADAMS
Source: Elliman
Added: Oct 30 Changed: Nov 2 Last Checked: Nov 3 at 7:17AM

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 MICHELLE M. ADAMS

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two units, each with 2 bedrooms, 1 full bath, an eat-in kitchen, a living room, and hardwood floors. The first-floor unit has an updated kitchen, access to the basement, and a rear deck. The upper unit includes finished living space on the third floor. A full unfinished basement provides storage, shared laundry, utilities, and Bilco-door access.

The property also includes a detached 2-car garage and a private backyard. It is located near downtown Madison, the NJ Transit station, restaurants, shops, and parks.

Key Highlights

  • Two units, each with 2 bedrooms and 1 full bath
  • Upper unit includes finished third‑floor living space
  • First‑floor unit features an updated kitchen and rear deck

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

Demographics for 07940, NJ

18,403
Population
5,733
Households
3.2
Avg Household Size
34
Median Age
71%
College-Educated
97%
High-School Grad
4.9 sq mi
ZIP Area
3,756
Density / Sq Mi
$168,520
Median Household Income
$53,352
Median Earnings
$2,248
Median Rent
$883,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 residential units offer separate living areas, with a finished third-floor space in the upper unit.
Where is this duplex located?
The property is located at 9 North St Madison, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bath; Upper unit includes finished third‑floor living space; First‑floor unit features an updated kitchen and rear deck
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