Property

Newark City, NJ 07108 9 Madison Ave

9 Madison Ave Newark City, NJ - Image 19 Madison Ave Newark City, NJ - Image 29 Madison Ave Newark City, NJ - Image 3
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9 Madison Ave Newark City, NJ - Image 49 Madison Ave Newark City, NJ - Image 59 Madison Ave Newark City, NJ - Image 6
Presented By: COLDWELL BANKER REALTY; 201-240-6846
  • MLS# 3887092
  • 02/21/2024
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  • Beds • 16
  • Full/Half Baths • 3 / 2

Home Details

Very huge building approved for 3 family dwelling. Currently being used a a shelter (Class 1 Shelter) and approved for 39 people. Zoning is already approved for shelter and new owner doesn't need new zoning. However only the building is offered for sale. This landmark historic building features 15 bedrooms, 3 living rooms, laundry room, 3 full and 2 half baths, new heating unit and parking for 4 cars.
Presented By: COLDWELL BANKER REALTY; 201-240-6846

Interior Features for 9 Madison Ave

Bedrooms

Total Bedrooms16
Unit 1 Beds Total4
Unit 2 Beds Total6
Unit 3 Beds Total5
Unit 4 Beds Total1

Bathrooms

Full Baths3
Half Baths2
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft1500
Unit 2 Sq Ft1500
Unit 3 Sq Ft1500
Unit 4 Sq Ft1300
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
Unit 4 Levels4
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 4 Appl/EquipCarbon Monoxide Detector, Smoke Detector
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Fire Alarm System, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Fire Alarm System, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Fire Alarm System, Smoke Detector
BasementFinished
Fuel TypeGas-Natural

Other Rooms

Unit 4 Rooms3
Unit 2 Rooms8
Unit 1 Rooms7
Unit 3 Rooms7
Unit 3 Room DescriptionBedrooms, Living Room
Unit 1 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Living Room
Unit 4 Room DescriptionBedrooms, Laundry Room

General for 9 Madison Ave

Architectural Style2-Two Story
CoolingNone, SeeRem
CountyEssex
Days on Market181
DirectionsFrom Downtown Newark to Clinton Ave to Madison And Irvine Turner Blvd. (corner property)
DriveConcrete, Parking Lot-Exclusive
EasementUnknown
Farm AssessmentNo
Garage Spaces
Gross Income
Heating1 Unit, Radiators - Hot Water, Radiators - Steam
Home Warranty Y/NNo
Interior FeaturesCarbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Wood Floors
Net Operating Income
NumberOfUnitsTotal3
Open Parking Spaces4
Operating Expense0
PossessionAt closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount8316
Tax Assessed Value222600
Tax Lot00034
Tax Year2022
Total Rooms25
Town #1614
TownshipNewark City
UtilitiesGas In Street

Exterior for 9 Madison Ave

Exterior DescriptionStucco
Lot Dimensions30X95
Lot Size Acres0.07
Water SourcePublic Water

Additional Details

Price History

Derrick Sims

Associate
Price $1,690,000
MLS#3887092
List Date 02/21/2024
Property Type Multi-Family
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