586-588 Madison Ave, Elizabeth, NJ 07201 is a multi family home that contains 2,504 sq ft and was built in 1910. This home last sold for $600,000 in August 2026.
The Zestimate for this house is $608,500. The Rent Zestimate for this home is $2,486/mo.
Sold for $600,000
$600,000
586-588 Madison Ave, Elizabeth, NJ 07201
--beds
--baths
2,504sqft
MultiFamily
Built in 1910
-- sqft lot
$608,500 Zestimate®
$240/sqft
$2,486 Estimated rent
Home value
$608,500
$535,000 - $694,000
$2,486/mo
Zestimate® history
Owner options
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$2,486/mo
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$2,486/mo
Rent Zestimate®
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$4,459/mo
Est. payment
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$4,459/mo
Est. payment
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Facts & features
Interior
Interior area
- Total interior livable area: 2,504 sqft
Property
Lot
- Size: 4,782 Square Feet
Details
- Parcel number: 0400241000000024
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $587,400
- Annual tax amount: $11,302
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Sold | $600,000+445.5%$240/sqft |
Source: Public Record Report a problem | ||
| 8/20/1998 | Sold | $110,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,302 | $587,400 |
| 2024 | $11,302 | $587,400 +1010.4% |
| 2023 | -- | $52,900 |
| 2022 | $16,176 +104% | $52,900 |
| 2021 | $7,931 -48% | $52,900 |
| 2020 | $15,248 +1% | $52,900 |
| 2019 | $15,099 +33.2% | $52,900 |
| 2018 | $11,333 -22.8% | $52,900 |
| 2017 | $14,678 +6.3% | $52,900 |
| 2016 | $13,806 +3.1% | $52,900 |
| 2015 | $13,392 +5.9% | $52,900 |
| 2014 | $12,642 +5.6% | $52,900 |
| 2013 | $11,977 -0.6% | $52,900 |
| 2012 | $12,050 +7.6% | $52,900 |
| 2011 | $11,200 +5% | $52,900 |
| 2010 | $10,664 +7.1% | $52,900 |
| 2009 | $9,957 | $52,900 |
| 2008 | -- | $52,900 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 3/10Number 6, Marquis Delafayette Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 8/10Elizabeth High SchoolGrades: 9-12Distance: 0.8 mi
- 4/10T Jefferson Arts AcademyGrades: 9-12Distance: 0.8 mi
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Estimated market value
$608,500
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
$608,500
- New Jersey
- Union County
- Elizabeth
- 07201
- Downtown
- 586-588 Madison Ave
