1013-1015 Madison Ave
Elizabeth City, NJ 07201
Price: $924,000
GSMLS: 4056700Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 8
Baths: 5 Full
Garage: 2-Car
Year Built: 1924
Acres: 0.11
Property Tax: $11,636
Description
A must-see multifamily with generous space, abundant parking, and standout outdoor amenities! Well-maintained two-family offering approximately 2,800 sq. ft. across the main floors, plus a finished basement and attic. The first-floor unit features 3 bedrooms and 2 full baths, while the second floor offers 4 bedrooms and 1 bath. The finished basement includes 2 bonus rooms, a kitchenette, and a full bath; the finished attic adds 2 bonus rooms and another full bath'providing 7 bedrooms, 4 bonus rooms, and 5.5 baths throughout.Enjoy a private backyard with a full paver patio, a detached 2-car garage, and parking for 4 additional vehicles. An attached workshop with a brick pizza oven and barbecue adds a unique entertaining space. Roof and exterior upgrades complement this well-cared-for property.The first-floor unit will be delivered vacant at closing, making this an excellent opportunity for an owner-occupant seeking rental income or an investor seeking strong rental potential.
General Info
Style:
2-Two Story
SqFt Building:
2,800
Total Rooms:
20
Basement:
Yes - Finished, Full, Walkout
Interior:
Carbon Monoxide Detector, Chandelier, Fire Alarm Sys, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Stone, Vinyl Siding
Lot Size:
33X150
Lot Desc:
Level Lot
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width, Blacktop
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
88
Room Description:
Bedrooms, Den, Dining Room, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Fire Alarm System, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Eat-In Kitchen, Family Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Electric
Heating Fuel:
Electric, Gas-Natural
Cooling:
Wall A/C Unit(s), Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$924,000
Tax Amount:
$11,636
Land Assessment:
$198,300
Build. Assessment:
$378,600
Total Assessment:
$576,900
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4056700
List Date:
10-03-2026
Days On Market:
1
Listing Broker:
CORCORAN INFINITY PROPERTIES
Listing Agent:
Sean Michael Phalon
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com
