115 Madison Ave 2, Elizabeth City, NJ 07201

• 5 beds |
• 3 baths

Property Description

Rare investment opportunity in Elizabeth!This expansive two-family residence features a spacious layout with significant value-add potential.The front unit offers a multi-level living experience with 4 bedrooms and 2 full baths across the first and second floors, complemented by a finished walk-up attic with 2 additional rooms. The rear unit provides a comfortable 1-bedroom plus den configuration. Interior highlights include a mix of classic hardwood and durable laminate flooring. Practical features include a deep driveway, vinyl siding for low maintenance, and a roof recently replaced in August 2022. Each unit is serviced by separate gas and electric meters. Perfectly situated for commuters, close proximity to NJ Transit, Newark Airport, I-95, and local shopping/dining. This is a unique property where you can live in a large owner's unit with 3 levels and plenty of space and still get rent out of the second, rear unit! Estate Sale, property is being sold AS-IS.

Listing Status:

Active

Date Added:

June 29, 2026

Data Last Updated:

July 5, 2026 at 7:41PM

Listing Office:

REAL : 855-450-0442

MLS ID:

4036929

Interior

• General: Carbon Monoxide DetectorFire ExtinguisherSmoke Detector
• Basement: Bilco-Style DoorUnfinished
• A/C: Window A/C(s)
• Heating: 2 UnitsBaseboard - HotwaterGas-Natural

Exterior

• General: Vinyl SidingMetalFncPatioFencVnyl
• Parking: Parking spaces: 5

Construction

• Roofing: Asphalt Shingle

Location

• County: Union

Lot

• Driveway: 1 Car WidthDriveway-Exclusive
• Zoning: 2904-00305-0000-00004-0000-

Utilities

• Utilities: ElectricGas-Natural
• Water: Public Water
• Sewer: Public Sewer

Financial

• Exclusions: 2nd Floor Microwave excluded