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$4,200,000 Just Listed
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Property Description
Rare opportunity investment property. 7 residential units consist of three studios, three 2-BR, and one 3BR. Good income, low expenses. Potential upside rent increase. Located in the most desirable section of Hoboken. Net operating income of $154950/yearly. Property has a finished basement with eight private storage units for tenants, which they pay $150 each additional. Has two commercial washers and dryers. Close to shopping, schools, restaurants, parks, and light rail. Call for private showing.
Full Property Details
Full Property Details for 58 Madison St
General
- Price: $4,200,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260006033
- Updated: 4/6/2026
- Added to Site: 1 day(s) ago
Location
- County: Hudson
- Location Details: Observer Hwy & First ST
Structural Information
- Construction: Frame Wood
- Stories in Building: 4
- # of Stores: 4
Lot Features
- Lot Size: 24.6 x 70
- Lot Dimensions: 24.6 x 70
- Lot Description: 00040
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 58 Madison St
School District:Hoboken City School District
| Name | Grades | Distance |
|---|---|---|
Thomas G Connors 201 Monroe Street, Hoboken, NJ 07030 | PK-6 | 0.2 mi |
Joseph F Brandt No 2 215 9th Street, Hoboken, NJ 07030 | PK-K | 0.8 mi |
Wallace No. 6 Elementary School 1100 Willow Avenue, Hoboken, NJ 07030 | PK-6 | 1 mi |
Hoboken High School Ninth & Clinton Sts, Hoboken, NJ 07030 | 7-12 | 0.8 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 58 Madison St
Date
Details
Price
Change
Source
4/06/2026
Listed
$4,200,000
140%
MLS
2/12/2015
Sold
$1,750,000
—
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 58 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,941
8%
$1,339,000
—
2023
$22,147
2%
$1,339,000
—
2022
$21,611
1%
$1,339,000
—
2021
$21,424
—
$1,339,000
—
2019
$21,411
1%
$1,339,000
—
2018
$21,156
-1%
$1,339,000
—
2017
$21,317
3%
$1,339,000
—
2016
$20,768
4%
$1,339,000
—
2015
$20,045
5%
$1,339,000
—
2014
$19,121
—
$1,339,000
—
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 58 Madison St
58 Madison St, Hoboken, NJ 07030 (MLS# 260006033) is a Commercial property. 58 Madison St is currently listed for $4,200,000 and was received on April 06, 2026. This property is listed by Medhat "Zak" Dewaik from our Jersey City Office.Want to learn more about 58 Madison St? Do you have questions about finding other Commercial real estate for sale in Hoboken? You can browse all Hoboken real estate or contact a Coldwell Banker agent to request more information.


