87 MADISON AVE, Newark, NJ 07108
Essex County
Key Facts
Listing Courtesy: COMPASS NEW JERSEY, LLC - 2016274947
Description
Spacious, fully renovated in 2024, and move-in ready, this 5 bedroom, 2 bathroom home offers the space today's buyers are looking for at an exceptional value. Start your day in the enclosed front porch sitting room, a welcoming space to relax, work from home, or enjoy your morning coffee. The open living and dining areas flow seamlessly into the beautifully updated kitchen featuring stainless steel appliances and direct access to a large private backyard, perfect for entertaining, gardening, or simply enjoying the outdoors. Central air and heat provide year-round comfort throughout the home. Upstairs, you'll find five generously sized bedrooms spread across the second and third floors, including a primary bedroom with a sizable walk-in closet, along with two thoughtfully updated full bathrooms. The partially finished basement offers additional flexibility for storage, a home gym, recreation space, and includes a washer and dryer. Filled with natural light and conveniently located near Clinton Avenue shopping and dining, Weequahic Park, local bus routes, and Newark Penn Station with PATH and NJ Transit service to NYC, this home combines space, convenience, and value in one attractive package. Come see why so many buyers are searching for a home just like this.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial / Multi-Level
Days on Market
20
MLS® Listing#
260012020
Property Features
Appliances
Cooling
Heating
Basement
Construction
Financial Details
Annual Taxes
$7,478
Tax year 2025
Affordability Calculator
$89,000
Estimated monthly payment
$2,368/mo
Principal $356,000 · Est. interest $496,652 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark, NJ
- $598,400
- Median Listing Price
- 49
- Median Days on Market
- 3,178
- Median Sq Ft
- $232
- Median Price / Sq Ft
- 392
- Active Listings
- This home’s price is 26% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark, NJ.
Location
Points of Interest in Newark, NJ
Showing the Newark area map.
Nearby Schools
Avon Avenue School
Elementary · 0.2 mi away
Harold Wilson School
School · 0.3 mi away
Belmont Runyon Elementary School
Elementary · 0.3 mi away
North Star Academy Clinton Hill Middle School
Elementary · 0.4 mi away
Malcolm X Shabazz High School
Secondary · 0.4 mi away
Kipp Thrive Academy
School · 0.5 mi away
Kipp Bold Academy
School · 0.5 mi away
Central High School
Secondary · 0.5 mi away
Louise A. Spencer Elementary School
Elementary · 0.6 mi away
Cleveland Elementary School
Elementary · 0.6 mi away
Miller Street Elementary School
Elementary · 0.7 mi away
University High School
Secondary School · 0.7 mi away
Newark Leadership Academy
School · 0.8 mi away
Newark Vocational High School
Secondary · 0.8 mi away
Great Oaks Legacy Charter School
School · 0.8 mi away
Madison Elementary School
Elementary · 0.8 mi away
American History High School
Secondary · 0.8 mi away
Hawthorne Avenue School
Elementary · 0.8 mi away
Samuel L Berliner School
School · 0.8 mi away
Bard High School Early College
Secondary School · 0.8 mi away
Commute Calculator
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|---|---|---|---|---|
| 129 Stone St, Newark City, NJ | $340,000 | 5 | 3 | — |
| 17 Wakeman Ave, Newark City, NJ | $350,000 | 4 | 2 | 1,550 |
| 32 Emmet St, Newark City, NJ | $350,000 | 4 | 3 | 1,300 |
| 468 S 18Th St 3, Newark City, NJ | $350,000 | 8 | 5 | 3,600 |
| 42 Mead St, Newark City, NJ | $374,999 | 5 | 2 | — |
| 196 SOUTH 6TH ST, Newark, NJ | $379,999 | 5 | 3 | — |
