#25011771, Guillaume DaSilva, Listing office: Coccia Realty Better Homes & Gardens

514 Madison Ave Elizabeth, NJ 07201
Property details
About 514 Madison Ave
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.
Highlights
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 6
- List Price: $750,000
- MLS Number: 25022793
- Office Name: Christies International Real Estate Group-Mahwah/Saddle River Regional Office
- Office Phone: (201) 962-9555
- Listing Agent: Helen Martino
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Price information
Property sales
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Tax history
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Nearby schools
6
Hurden Looker School
Public District 3-4
2.1 mi
•1261 Liberty Ave
3
School #4
Public District PK-5
2.4 mi
•1602 Dill Ave
6
Sherman Elementary School
Public District PK-5
2.5 mi
•375 E Grant Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,470. Typical income of Elizabeth, NJ residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 514 Madison Ave
The listing price of 514 Madison Ave property is $750,000.
The property 514 Madison Ave is a multi located in Elizabeth, New Jersey, 07201.
Active Listing: 514 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 Madison Ave are: Hurden Looker School (GreatSchools Rating 6/10), School #4 (GreatSchools Rating 3/10), Sherman Elementary School (GreatSchools Rating 6/10), Louverture-Lafayette School #6 (GreatSchools Rating 3/10), Winfield Scott School #2 (GreatSchools Rating 3/10), Madison Monroe School #16 (GreatSchools Rating 5/10), Elizabeth High School (GreatSchools Rating 6/10), Thomas Jefferson Arts Academy (GreatSchools Rating 3/10), Alexander Hamilton Preparatory Academy (GreatSchools Rating 5/10).
This home is located at 514 Madison Ave in Elizabeth, NJ and zip code 07201. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $750,000.
In June 2025, from all listings sold in Elizabeth, NJ there were more than 8 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Elizabeth, NJ increased by 11.2% between May and June 2025. In June 2025 median list price was $497,500 and the average listing age was 19 days.