1117 Chestnut St Elizabeth, NJ $ 875,000
1117 Chestnut St
$ 875,000
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1117 Chestnut St

Elizabeth, NJ, 07201
$ 875,000
Bedrooms6 Baths5.0

Monthly Estimate*

$ 5,459

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Multi-Family Home for sale in Elizabeth, NJ

for $875,000 with 6 bedrooms and 5 full baths. This home was built in 2006 on a lot size of 0.07.

Great opportunity to own a 2-family home in the heart of Elizabeth, NJ!The first-floor unit is vacant and in mint condition, offering a perfect move-in opportunity or immediate rental potential. The second-floor unit is occupied by a reliable long-term tenant with an excellent rental history, providing steady income.This property is ideally located for commuters just 30 minutes to NYC by train or car, with close proximity to NJ Transit, bus stops, Route 1&9, the Garden State Parkway, and the NJ Turnpike. You'll also be minutes from Newark Airport, Kean University, shopping centers, restaurants, and local parks.Whether you're seeking a smart investment or planning to live in one unit while benefiting from rental income from the other, this 2-family home is a rare find in an excellent location!

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Multi-Family Pending

Price

$ 875,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,180

Style

3-Three Story

Lot Size

0.07

Year Built

2006

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3985350

Features
Interior
Interior Amenities Carbon Monoxide Detector Smoke Detector Wood Floors
Basement Slab
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural See Remarks
Half Baths 0
Total Bedrooms 6
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General
Sewer Public Sewer
Heating 2 Units Forced Hot Air See Remarks
Cooling 2 Units Central Air See Remarks
Utilities Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 3-Three Story
Year Built 2006
Garage Built-In Garage On-Street Parking
Township Elizabeth City
Tax Year 2024
Gross Income 9999
County Union
Net Operating Income 9999
Operating Expense 9999
Total Rooms 12
Full Baths 5
Status Under Contract
Directions Chestnut St between Jefferson Ave and Madison Ave
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 11180
Drive 2 Car Width
Standard Status Under Contract
Tax Assessed Value 581100
Town # 2904
Tax Lot 21
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Exterior
Exterior Amenities Sidewalk
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick See Remarks Vinyl Siding
Lot Dimensions 25X125
Lot Size Acres 0.07
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* Excluded Features
List By
GRISELA FLORES

Listing Agent

Florostone Realty Inc.

Broker

grisela@florostone.com

Email

Affordability Calculator

$6,391
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,459
Monthly Property Taxes
$932
Monthly 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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2025$875,000 -2.77% Price Down
9/7/2025$899,900 Listed Price

Map


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1117 Chestnut St, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $875,000 with a lot size of 0.07. 1117 Chestnut St has 6 bedrooms, 5.0 baths, and was built in 2006. The property's zip code is 07201 which is in Elizabeth, NJ