474 Walnut St Elizabeth, NJ ^$ 629,000

474 Walnut St

^$ 629,000

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474 Walnut St

Elizabeth, NJ, 07201

^$ 629,000

Bedrooms5 Baths3.0 Sq 2,300

Monthly Estimate*

^$ 3,924

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Multi-Family Home for sale in Elizabeth, NJ

for $629,000 with 5 bedrooms and 3 full baths. This 2,300 square foot home was built in 1900 on a lot size of 0.1.

Great potential for both investors and owner-occupants alike. This legal 3-Family located in a desirable Elizabeth neighborhood is in close proximity to local businesses and NYC transportation. Unit #3 (top floor) is a studio apartment that was recently updated. The basement, that has good headroom and a separate entrance, could be finished to create additional space. Detached 2-Car Garage could be used for additional rent.

Multi-Family Pending

Price

^$ 629,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,285

Style

3-Three Story

Lot Size

0.1

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3953820

Features

Interior

Interior Amenities Carbon Monoxide Detector Carpeting Fire Extinguisher Smoke Detector Vinyl-Linoleum Floors Wood Floors

Basement Bilco-Style Door Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 2

Unit 2 Baths Total 1.0

Unit 2 Beds Total 2

Unit 3 Baths Total 1.0

Unit 3 Beds Total 1

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 5

General

Sewer Public Sewer

Heating 3 Units

Cooling Window A/C(s)

Utilities Electric Gas-Natural

Possession AT CLOSING

Roof Asphalt Shingle

Water Heater Gas

Zoning RESIDENTIAL

Garage Spaces 2

Architectural Style 3-Three Story

Year Built 1900

Garage Detached Garage

Township Elizabeth City

Tax Year 2024

Gross Income 0

County Union

Net Operating Income 0

Operating Expense 0

Subdivision Name KEIGHRY HEAD / NORTH END

Total Rooms 10

Full Baths 3

Status Under Contract

Directions North Broad to Magnolia or Fairmount to Walnut.

High School Elizabeth

Open Parking Spaces 3

Number Of Units Total 3

Elementary School Winfield

Tax Annual Amount 9285

Home Warranty Y/N No

Drive Blacktop

Standard Status Under Contract

Tax Assessed Value 482600

Town # 2904

Tax Lot 16

Farm Assessment No

Exterior

Exterior Amenities Curbs Metal Fence Sidewalk Wood Fence

Lot Features Level Lot

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 2300

Lot Dimensions 40X110

Lot Size Acres 0.10

* Excluded Features

List By

Stephen "Steve" E. Ohm

Listing Agent

Weichert Realtors

Broker

Westfield

Office

Affordability Calculator

$4,698

Per Month

Monthly Principal & Interest: $3,924
Monthly Property Taxes: $774
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Elizabeth, NJ

Average List Price ^$772,339

Percent of Sale Price 23%

About Elizabeth, NJ

129,831 Population

8% Since 2002

^$46,469 Median Income

36.09 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4875317 Elementary School

289709 Middle School

Elizabeth High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/31/2025	$629,000		Listed Price

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474 Walnut St, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $629,000 with 2,300 sqft and a lot size of 0.1. 474 Walnut St has 5 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07201 which is in Elizabeth, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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474 Walnut St

Multi-Family Home for sale in Elizabeth, NJ

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