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Sold for $995,000
  • $995,000

    16 Madison Avenue, Clifton, NJ 07011

    7beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $995,700 Zestimate®
    $--/sqft
    $2,904 Estimated rent

    Home value

    $995,700

    $896,000 - $1.11M

    $2,904/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Salemme 551-655-5708,

    Prestige Property Group - Montclair

    Bought with:

    Alexander Andujar

    Century 21 Realty Group

    Source: NJMLS,MLS#: 26021317MLS Logo

    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

    Price history

    DateEventPrice
    9/18/2026Sold$995,000+17.1%
    Source: NJMLS #26021317 Report a problem
    6/27/2026Pending sale$850,000
    Source: NJMLS #26021317 Report a problem
    6/9/2026Listed for sale$850,000+75.3%
    Source: NJMLS #26021317 Report a problem
    2/29/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/22/2024Price change$2,750-5.2%
    Source: Zillow Rentals Report a problem
    2/5/2024Listed for rent$2,900
    Source: Zillow Rentals Report a problem
    12/17/2021Sold$485,000+7.8%
    Source: GSMLS #3743635 Report a problem
    10/20/2021Contingent$450,000
    Source: NJMLS #21039358 Report a problem
    10/1/2021Listed for sale$450,000
    Source: New Jersey Multiple Listing Service, Inc #21039358 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 07011

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $995,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $995,700