$1,299,000

9 Madison Ave Newark City, NJ 07108

$10,000
Closing credit¹
15 beds
4 full, 2 partial
0.09 acres
Multi-Family

Property details

About 9 Madison Ave

This historic, huge, corner building is approved for 3 fam dwelling! The building is currently being used as a "Class I shelter" and approved for 27 people or more. However, only the building is offered for sale. The zoning is already approved for shelter and the new owner doesn't need new zoning. The landmark historic building features 15 bedrooms, 3 living rooms, 4 full bathrooms and 2 half baths. New heating in unit and parking for 4 cars. Expenses Included : All utilities, Hot&Cold water, Insurance, Electric, Maintenance, Garbage removal, Heat and taxes.

Highlights

Home typeMulti Family
HeatingForced Air, Hot Water, Electric, Natural Gas
StatusActive
BasementYes
Lot size0.09 Acres
Year built1900
ParkingConcrete, Parking Lot-Exclusive
MLS #3956111

Summary

  • MLS Number: 3956111
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 240-6846

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Last updated on: 4/12/2025, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with fence

$1,299,000

9 Madison Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

2

Harriet Tubman Elementary School

Public District PK-6

1.0 mi

504 S 10th St

4

Newark Educators Community Charter School

Public Charter PK-4

1.0 mi

9-11 Hill St

5

Sir Isaac Newton Elementary School

Public District PK-1

1.1 mi

150 Newton St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $11,735. Typical income of Newark City, NJ residents is less than $<35k annually. Residents typically live in single, with kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

90%
<35k
9%
35k-100k
0%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

35%
Single, No Kids
57%
Single, with Kids
5%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

29%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
30%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

This home is located at 9 Madison Ave in Newark City, NJ and zip code 07108 in the South Ward neighborhood. Features: 15 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $1,299,000.

In March 2025 in Newark City, NJ there were 25.1% more homes for sale than in February. In March 2025 median list price was $489,068 and the average listing age was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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