115 Madison Ave #2, Elizabeth, NJ 07201

Elizabeth
Local realty services provided by:Better Homes and Gardens Real Estate Elite
115 Madison Ave #2,Elizabeth City, NJ 07201
$639,900
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jorge casalins
Office: real855-450-0442
MLS#:4036929
Source:NJ_GSMLS

Price summary

  • Price:$639,900

About this home

Rare investment opportunity in Elizabeth!This expansive two-family residence features a spacious layout with significant value-add potential.The front unit offers a multi-level living experience with 4 bedrooms and 2 full baths across the first and second floors, complemented by a finished walk-up attic with 2 additional rooms. The rear unit provides a comfortable 1-bedroom plus den configuration. Interior highlights include a mix of classic hardwood and durable laminate flooring. Practical features include a deep driveway, vinyl siding for low maintenance, and a roof recently replaced in August 2022. Each unit is serviced by separate gas and electric meters. Perfectly situated for commuters, close proximity to NJ Transit, Newark Airport, I-95, and local shopping/dining. This is a unique property where you can live in a large owner's unit with 3 levels and plenty of space and still get rent out of the second, rear unit! Estate Sale, property is being sold AS-IS.

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Home facts

  • Year built:1890
  • Listing ID #:4036929
  • Added:4 day(s) ago
  • Updated:June 29, 2026 at 07:53 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:11
  • Basement Description:Basement, Bilco-Style Door, Unfinished

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:2 Units, Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1890
  • Architectural Style:3-Three Story
  • Construction Materials:Vinyl Siding
  • Exterior Features:Metal Fence, Patio

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$639,900
  • Tax amount:$11,143 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detector, Fire Extinguisher, Gas-Natural, Smoke Detector

Parking

  • Parking description:1 Car Width, Driveway-Exclusive
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated June 29, 2026

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