Under contract

$850,000

16 Madison Ave, Clifton, NJ 07011

7beds

--sqft

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Multiple parking spacesProfessionally waterproofed basementThree garagesLarge sized porch

Investor Alert! Exceptional income producing multi family opportunity in Clifton. This two family home has tons of passive income potential! The first unit is vacant and features 3 bedrooms and 1 full bath, along with a large sized porch for your enjoyment. The second unit offers 4 bedrooms and 1 full bath, with a bonus room in the front! A finished attic with a separate entrance provides additional living space and flexibility. Additional highlights include a large sized deck off the rear of the house, separate utilities, and a professionally waterproofed basement, adding value and convenience. The rear of the property is a true money maker, featuring three garages and multiple parking spaces, creating several opportunities for additional rental income. Whether you're an investor or owner occupant, this property checks all the boxes. Don't miss this rare Clifton opportunity!

24 days

1,745

92

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Appliances

Laundry: None

Property

Parking

Total spaces: 10
Parking features: Garage
Garage spaces: 3

Details

Parcel number: 020001200001200017

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

Community & HOA

Location

Region: Clifton

Financial & listing details

Tax assessed value: $167,800
Annual tax amount: $10,285
Date on market: 6/8/2026
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/27/2026	Pending sale	$850,000
Source: NJMLS #26021317 Report a problem
6/9/2026	Listed for sale	$850,000+75.3%
Source: NJMLS #26021317 Report a problem
2/29/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/22/2024	Price change	$2,750-5.2%
Source: Zillow Rentals Report a problem
2/5/2024	Listed for rent	$2,900
Source: Zillow Rentals Report a problem
12/17/2021	Sold	$485,000+7.8%
Source: GSMLS #3743635 Report a problem
10/20/2021	Contingent	$450,000
Source: NJMLS #21039358 Report a problem
10/1/2021	Listed for sale	$450,000
Source: New Jersey Multiple Listing Service, Inc #21039358 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,961 +2.5%	$167,800
2024	$9,722	$167,800
2023	$9,722 +2.6%	$167,800 +1.1%
2022	$9,473 +4.3%	$165,900
2021	$9,083 +0.4%	$165,900
2020	$9,048 +0.6%	$165,900
2019	$8,997 +1.1%	$165,900
2018	$8,899 +2%	$165,900
2017	$8,726 +1%	$165,900
2016	$8,642 +2.1%	$165,900
2015	$8,464 +2.6%	$165,900
2014	$8,249 +1.4%	$165,900
2013	$8,134 +2.3%	$165,900
2012	$7,953 +3.1%	$165,900
2011	$7,714 +3%	$165,900
2010	$7,492	$165,900
2009	--	$165,900
2008	--	$165,900
2007	--	$165,900
2006	--	$165,900
2005	--	$165,900
2004	$5,773	$165,900
2003	--	$165,900
2002	--	$165,900
2001	--	$165,900

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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