478 Walnut St Elizabeth, NJ ^$ 575,000

478 Walnut St

^$ 575,000

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478 Walnut St

Elizabeth, NJ, 07201

^$ 575,000

Bedrooms3 Baths2.0

Monthly Estimate*

^$ 3,587

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Multi-Family Home for sale in Elizabeth, NJ

for $575,000 with 3 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.08.

Prime investment opportunity in the heart of Elizabeth, NJ! This well-kept two-family home offers comfortable living on both levels, with bright interiors and functional layouts ideal for either owner-occupancy or rental income. The property includes a driveway for convenient off-street parking and a private backyard perfect for outdoor relaxation or entertaining. Centrally located near shopping, restaurants, public transportation, and major highways, this home provides the perfect blend of convenience and strong rental potential. Property is being sold in as-is condition. Buyer is responsible for obtaining the Smoke & CO certificate.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,011

Style

3-Three Story

Lot Size

0.08

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3997349

Features

General

Sewer Public Sewer

Heating Radiators - Hot Water

Cooling Ceiling Fan Window A/C(s)

Utilities Gas-Natural

Possession AT CLOSING

Roof Asphalt Shingle

Architectural Style 3-Three Story

Year Built 1900

Township Elizabeth City

Tax Year 2024

Gross Income 0

County Union

Net Operating Income 0

Operating Expense 0

Total Rooms 12

Full Baths 2

Status Active

Directions GOOGLE MAPS

Open Parking Spaces 1

Number Of Units Total 2

Tax Annual Amount 8011

Drive 1 Car Width

Standard Status Active

Tax Assessed Value 416400

Town # 2904

Tax Lot 17

Interior

Basement Finished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 1

Unit 2 Baths Total 1.0

Unit 2 Beds Total 1

Unit 3 Beds Total 1

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 3

Exterior

Water Source Public Water

Exterior Description Aluminum Siding

Lot Dimensions 32X110

Lot Size Acres 0.08

* Excluded Features

List By

ANDREA ALUMMOOTIL

Listing Agent

Keller Williams City Views Realty

Broker

Alummootil@kw.com

Affordability Calculator

$4,255

Per Month

Monthly Principal & Interest: $3,587
Monthly Property Taxes: $668
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$777,645

Percent of Sale Price 35%

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.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/11/2025	$575,000		Listed Price

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478 Walnut St, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $575,000 with a lot size of 0.08. 478 Walnut St has 3 bedrooms, 2.0 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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478 Walnut St

Multi-Family Home for sale in Elizabeth, NJ

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