514 Marshall St Elizabeth, NJ $ 650,000
514 Marshall St
$ 650,000
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514 Marshall St

Elizabeth, NJ, 07206
$ 650,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 4,002

514 Marshall St, Elizabeth, NJ 07206 - Image 1
514 Marshall St, Elizabeth, NJ 07206 - Image 2
514 Marshall St, Elizabeth, NJ 07206 - Image 3
514 Marshall St, Elizabeth, NJ 07206 - Image 4

Multi-Family Home for sale in Elizabeth, NJ

for $650,000 with 4 bedrooms and 2 full baths. This home was built in 1890 on a lot size of 0.06.

Great Investment Opportunity. Cash-producing large two-family property offering exceptional income potential. Each unit features 3 spacious bedrooms and 1 full bathroom, providing desirable layouts for tenants and strong rental demand. The property includes a full basement with additional living or storage space, plus a 3rd-floor bonus apartment, creating added value and potential upside for future income. Ample off-street parking. Conveniently located near major highways, public transportation, shopping, and local amenities. A solid, income-generating asset with room to grow?don't miss this opportunity.

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Multi-Family Active

Price

$ 650,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,054

Style

2-Two Story

Lot Size

0.06

Year Built

1890

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4003644

Features
General
Sewer Public Sewer
Heating Forced Hot Air
Cooling Window A/C(s)
Utilities Gas-Natural
Possession at closing
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 2-Two Story
Year Built 1890
Township Elizabeth City
Tax Year 2024
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 8
Full Baths 2
Status Active
Directions 514 Marshall Street Elizabeth NJ 07206
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 9054
Home Warranty Y/N No
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 470600
Town # 2904
Tax Lot 27
Farm Assessment No
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Interior
Basement Full
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 4
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
MICHAEL SCLAFANI

Listing Agent

Re/Max Central

Broker

Affordability Calculator

$4,757
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$755
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/6/2026$650,000 Listed Price

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514 Marshall St, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $650,000 with a lot size of 0.06. 514 Marshall St has 4 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 07206 which is in Elizabeth, NJ