514 Madison Ave, Elizabeth, NJ 07201

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Sold Price
$595,000
List Price
$700,000
Status
CLOSED
MLS#
25022793
Closing Date
Apr 17, 2026
Bedrooms
6
Bathrooms
3
County
Union
City
Elizabeth

Property Description

Exceptional Investment Opportunity Solid three-family property situated on an oversized lot in a prime area of town. Each unit offers 2 bedrooms, a full kitchen, and a full bath. The exterior has been fully updated, minimizing upfront capital expenditures. Interiors require renovation—ideal for value-add investors looking to maximize cash flow or reposition for resale. Strong rental upside with multiple income streams. Strategically located near NYC, major airports, and key transit hubs. Rare to find this combination of location, lot size, and potential. Act quickly—this won't last.

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Listing courtesy of Listing Agent: Helen Martino () from Listing Office: Christie's International Real Estate Group-Mahwah/Saddle River Regional Office.

Selling Office: Christie's International Real Estate Group-Mahwah/Saddle River Regional Office.

board logoThe data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Century 21 AG Realty Group are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: . Source: New Jersey Multiple Listing Service, Inc. “2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”