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$445,000 Just Listed
Property Description
Spacious, fully renovated in 2024, and move-in ready, this 5 bedroom, 2 bathroom home offers the space today's buyers are looking for at an exceptional value. Start your day in the enclosed front porch sitting room, a welcoming space to relax, work from home, or enjoy your morning coffee. The open living and dining areas flow seamlessly into the beautifully updated kitchen featuring stainless steel appliances and direct access to a large private backyard, perfect for entertaining, gardening, or simply enjoying the outdoors. Central air and heat provide year-round comfort throughout the home. Upstairs, you'll find five generously sized bedrooms spread across the second and third floors, including a primary bedroom with a sizable walk-in closet, along with two thoughtfully updated full bathrooms. The partially finished basement offers additional flexibility for storage, a home gym, recreation space, and includes a washer and dryer. Filled with natural light and conveniently located near Clinton Avenue shopping and dining, Weequahic Park, local bus routes, and Newark Penn Station with PATH and NJ Transit service to NYC, this home combines space, convenience, and value in one attractive package. Come see why so many buyers are searching for a home just like this.
Full Property Details
Full Property Details for 87 Madison Ave
General
- Price: $445,000
- Taxes: $7,478
- Status: Active
- Type: Single Family
- Source: NJMLS
- MLS ID: 26023152
- Updated: 6/19/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 11
- Fireplace: Yes
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool Description: None
- Other Features: Close to Parks, Close to School, Close to Shopping, Close to Transportation, Close to Houses of Worship
Parking
- Parking: None
Location
- Area: Newark
- County: ESSEX
Community
- Home Owners Assn.: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Gas, Hot Air
Structural Information
- Architectural Style: Colonial
- Description/Design: None
- Exterior Const.: Aluminum
- Basement Desc.: Partially Finished
- Year Built: 1900-1939
Lot Features
- Property View: South
- Lot Description: Regular
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $7,478
Disclosures and Reports
- Ownership: Private
- Flood Zone: 500 Year, Lender May Require Insurance
Listed by Compass New Jersey, LLC-Hoboken (201) 627-4947, Edward Perez (201) 344-2886
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Schools
Schools serving 87 Madison Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Avon Avenue School 219 Avon Avenue, Newark, NJ 07108 | 7-8 | 0.2 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.4 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.6 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.4 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.5 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.4 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.8 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.9 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.3 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 87 Madison Ave
Date
Details
Price
Change
Source
6/19/2026
Listed
$445,000
11.25%
MLS
4/03/2024
Sold
$400,000
—
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 87 Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,112
69%
$187,000
66%
2022
$4,218
—
$112,900
—
2021
$4,216
33%
$112,900
—
2021
$3,178
-25%
$112,900
—
2019
$4,246
2%
$112,900
—
2018
$4,169
4%
$112,900
—
2017
$4,019
3%
$112,900
—
2016
$3,884
4%
$112,900
—
2015
$3,736
12%
$112,900
—
2013
$3,334
—
$112,900
—
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 87 Madison Ave
87 Madison Avenue, Newark, NJ 07108 (MLS# 26023152) is a Single Family property with 5 bedrooms and 2 full bathrooms. 87 Madison Avenue is currently listed for $445,000 and was received on June 19, 2026. Want to learn more about 87 Madison Avenue? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.
