Exceptional Investment Opportunity Solid three-family property situated on an oversized lot in a prime area of town. Each unit offers 2 bedrooms, a full kitchen, and a full bath. The exterior has been fully updated, minimizing upfront capital expenditures. Interiors require renovation—ideal for value-add investors looking to maximize cash flow or reposition for resale. Strong rental upside with multiple income streams. Strategically located near NYC, major airports, and key transit hubs. Rare to find this combination of location, lot size, and potential. Act quickly—this won't last.
For sale
$750,000
514 Madison Ave, Elizabeth, NJ 07201
6beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Oversized lot
- 32 days
- on Zillow |
- 500 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 10:39am
Listed by:
Helen Martino 201-615-5188,
Christie's International Real Estate Group-Mahwah/Saddle River Regional Office
Source: NJMLS,MLS#: 25022793

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Annual tax amount: $10,432
- Date on market: 6/30/2025
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