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$1,350,000
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Property Description
Ironbound - 3 Family w/Oversized Garage - Short Walk to Ferry St - Recently Renovated Basement Apartment w/ 2 Bedrooms, Living Room, New Eat in Kitchen w/Granite Countertops, Stove, Refrigerator & In Unit Washer & Dryer and Full Bath Room - Rent $1,650. 1st Floor Apartment w/ 3 Bedrooms, Living Room, Eat in Kitchen & Full Bath Room - Rent $2,050. 2nd Floor Apartment w/ 4 Bedrooms, Living Room, Eat in Kitchen & Full Bath Room - Rent $2,800. Flat Roof is 5 years old. Oversized Garage with 1632 square feet (34x48) and 9-10ft high ceilings in Rear of Property Currently Rented for $1,300. All Separate Utilities (Gas).
Full Property Details
Full Property Details for 56 Madison St
General
- Price: $1,350,000
- Taxes: $8,637 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4048330
- Updated: 9/9/2026
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 5
- Garage Description: Detached Garage, Oversize Garage
Location
- County: Essex
- Driving Directions: Between Ferry St and Downing St
Heating & Cooling
- Cooling Type: 3 Units, Central Air Conditioning
- Heating Type: 3 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Walk-Out
- Roof: Flat
- Year Built: 1920
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 34 x 95
- Driveway/Sidewalk: 1 Car Width
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $51,000
- Land Assmt: $165,000
- Tax Amount: $8,637
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 1988
- Lot Number: 32
Listed by Neno-Rosa Agency
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Schools
Schools serving 56 Madison St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.2 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.3 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.6 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.5 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.8 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.9 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.9 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 2.2 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 56 Madison St
Date
Details
Price
Change
Source
8/22/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales 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 56 Madison St
56 Madison St, Newark, NJ 07105 (MLS# 4048330) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 56 Madison St is currently listed for $1,350,000 and was received on August 22, 2026. Want to learn more about 56 Madison St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

