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$675,000 Just Listed
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Property Description
Don't miss this impressive and spacious two-family home offering 6 bedrooms, updated features and exceptional off-street parking! Freshly painted and move-in ready, the first-floor unit features 2 bedrooms, 1 full bath and access to a full unfinished walk-out basement. The expansive upper unit offers two levels, offering 2 bedrooms and 1 full bath on the second floor, plus an interior staircase leading to 2 additional bedrooms in the attic, for a total of 4 bedrooms. Central A/C, forced-air heat and separate utilities add comfort and convenience, while parking for 5+ cars makes this property truly stand out. Ideally located near public transportation, NJ TRANSIT rail service, major roadways, shopping, restaurants, schools and everyday conveniences, with easy access to Newark and NYC. A fantastic opportunity for an owner-occupant or investor!
Full Property Details
Full Property Details for 565 Madison Ave
General
- Price: $675,000
- Taxes: $9,721 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4055456
- Updated: 10/3/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Location
- County: Union
- Driving Directions: North Ave to Madison Ave
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks, Storage
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living/Dining Room, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 30 x 150
- Driveway/Sidewalk: 1 Car Width, Blacktop, See Remarks
Financial Considerations
- Assessment Amount: $277,200
- Land Assmt: $204,800
- Tax Amount: $9,721
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 242
- Lot Number: 5
Listed by Coldwell Banker Liberty
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Schools
Schools serving 565 Madison Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 6, Marquis Delafayette Elementary School 1071 Julia Street, Elizabeth, NJ 07201 | PK-8 | 0.1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.8 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.9 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.1 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 565 Madison Ave
Date
Details
Price
Change
Source
10/03/2026
Listed
$675,000
122.41%
MLS
4/06/2022
Sold
$303,494
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 565 Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,722
6%
$482,000
1512%
2022
$9,143
2%
$29,900
—
2021
$8,954
5%
$29,900
—
2018
$8,534
3%
$29,900
—
2017
$8,296
-4%
$29,900
—
2019
$8,618
4%
$29,900
—
2016
$8,297
6%
$29,900
—
2015
$7,804
9%
$29,900
—
2013
$7,146
—
$29,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 565 Madison Ave
565 Madison Ave, Elizabeth, NJ 07201 (MLS# 4055456) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 565 Madison Ave is currently listed for $675,000 and was received on October 03, 2026. Want to learn more about 565 Madison Ave? Do you have questions about finding other Multi-Family real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

