For Multi Family

9 Madison Ave,Newark City, NJ 07108-2512

February 10, 2026

This historic corner building is approved for 3 family dwelling. The building was used as a Class I Shelter and approved for 27 people or more. However, only the building is offered for sale. The zoning was approved for shelter and the new owner doesn’t need new zoning. This landmark historic building features 15 bedrooms, 3 FLRs,4 full bathrooms, and 2 half baths. Fairly new heating unit and parking for 4 cars.

Property ID:PT-27893625-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 850,000 $

Bedrooms:15

Year Built:1900

Listing Details

Status: Active

Location

County: Essex

Lotsize: 30X125

Lot Identifier: 34

Home Details

Open Parking: 4

Basement: Yes

Basmnt/Desc: Yes - Finished-Partially

Acreage: 0.09

Total Baths: 4.20

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 23

Easement/Desc: Unknown

Exterior Description: Stucco

Roof Description: Asphalt Shingle, Built-Up

Possesion: at closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 4

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 2 Appliances/Equipment: Fire Alarm System, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 9

Unit 2 Beds: 6

Unit 2 Baths: 2.0

Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Dining Room, Living Room

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Smoke Detector

Unit 3 Levels: 3

Unit 3 Rooms: 7

Unit 3 Beds: 5

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 3 Handicap: No

Unit 3 Room Description: Attic, Bedrooms, Living Room

Block Identifier: 2666

County Number: 16

Town Number: 1614

YB/Desc: 1900 - Historical

Easement: Unknown

Parking/Driveway Description: Concrete, Parking Lot-Exclusive

Block Identifier: 2666

County Number: 16

Town Number: 1614

Possession: at closing

Taxes, Fees & Assessments

Warranty: No

Tax ID For Property: 1614-02666-0000-00034-0000-

Tax Amount: $8,465.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $24,100.00

Building Assessment: $198,500.00

Total Assessment: $222,600.00

FHA Age Restricted: No

Utilities

Water Heater: Electric

Heat Source: Gas-Natural

Heat System: 3 Units, Forced Hot Air, Radiant - Hot Water

Cool System: None,SeeRem

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

9 Madison Ave,Newark City, NJ 07108-2512

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