Under contract

$850,000

9 Madison Ave, Newark City, NJ 07108

15beds

1,900sqft

$5,942/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$856,500 Zestimate^®

$447/sqft

$-- HOA

What's special

Historic corner buildingFairly new heating unit

This historic corner building is approved for 3 family dwelling. The building was used as a Class I Shelter and approved for 27 people or more. However, only the building is offered for sale. The zoning was approved for shelter and the new owner doesn't need new zoning. This landmark historic building features 15 bedrooms, 3 FLRs,4 full bathrooms, and 2 half baths. Fairly new heating unit and parking for 4 cars.

222 days
48
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 4.2
Full bathrooms: 4
1/2 bathrooms: 2

Heating

3 Units, Forced Air, Radiant - Hot Water, Natural Gas

Cooling

Has cooling: Yes

Appliances

Included: Electric Water Heater

Features

High Ceilings, Bedrooms, Dining Room, Kitchen, Living Room, Attic
Flooring: Wood
Basement: Yes,Partially Finished
Has fireplace: No

Interior area

Total structure area: 1,900
Total interior livable area: 1,900 sqft

Property

Parking

Total spaces: 4
Parking features: Concrete, Parking Lot-Exclusive
Uncovered spaces: 4

Features

Levels: 3-Three Story
Stories: 3
Exterior features: See Remarks

Lot

Size: 3,920 Square Feet
Dimensions: 30 x 125

Details

Parcel number: 1614026660000000340000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Roof: Asphalt Shingle,Built-Up

Condition

Year built: 1900

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Fire Alarm System, Smoke Detector, Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Security System

Location

Region: Newark

Financial & listing details

Price per square foot: $447/sqft
Tax assessed value: $222,600
Annual tax amount: $8,465
Date on market: 2/10/2026
Exclusions: None
Total actual rent: 0

Estimated market value

$856,500

$814,000 - $899,000

$1,934/mo

Price history

Date	Event	Price
4/2/2026	Pending sale	$850,000$447/sqft
Source: GSMLS #4009043 Report a problem
2/10/2026	Listed for sale	$850,000-29.1%$447/sqft
Source: GSMLS #4009043 Report a problem
8/5/2025	Listing removed	$1,199,000$631/sqft
Source: GSMLS #3956111 Report a problem
6/24/2025	Price change	$1,199,000-7.7%$631/sqft
Source: GSMLS #3956111 Report a problem
4/10/2025	Listed for sale	$1,299,000-23.1%$684/sqft
Source: GSMLS #3956111 Report a problem
3/22/2025	Listing removed	$1,690,000$889/sqft
Source: NJMLS #24005210 Report a problem
12/18/2024	Listed for sale	$1,690,000$889/sqft
Source: NJMLS #24005210 Report a problem
12/4/2024	Listing removed	$1,690,000$889/sqft
Source: NJMLS #24005210 Report a problem
8/20/2024	Price change	$1,690,000-15.5%$889/sqft
Source: GSMLS #3887092 Report a problem
2/21/2024	Listed for sale	$1,999,000+455.3%$1,052/sqft
Source: NJMLS #24005210 Report a problem
12/14/2015	Sold	$360,000-4%$189/sqft
Source: GSMLS #3268243 Report a problem
11/26/2015	Listed for sale	$375,000+134.4%$197/sqft
Source: Striker Realty #3268243 Report a problem
10/21/1994	Sold	$160,000$84/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,902 +5.2%	$222,600
2024	$8,465 +0.1%	$222,600
2023	$8,459	$222,600
2022	$8,459	$222,600
2021	$8,459 +1%	$222,600
2020	$8,372 +37.4%	$222,600
2019	$6,091	$222,600
2018	$6,091 +23.9%	$222,600
2017	$4,916 +4%	$222,600 +55.8%
2016	$4,729 -46.6%	$142,900
2015	$8,863	$142,900