614 12 4Th Ave Elizabeth, NJ $ 629,900
614 12 4Th Ave
$ 629,900
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614 12 4Th Ave

Elizabeth, NJ, 07202
$ 629,900
Bedrooms4 Baths3.0

Monthly Estimate*

$ 3,878

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Multi-Family Home for sale in Elizabeth, NJ

for $629,900 with 4 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.03.

Check out this amazing income-generating multifamily home! Why pay a mortgage when your house can pay it for you? Welcome to 614 1/2 Fourth Ave, a rare and versatile multi-family opportunity tucked away in one of Elizabeth's most convenient pockets - Peterstown. Whether you are looking to "house-hack" by living in one unit and renting the other, or you're an investor looking for a turn-key addition to your portfolio, this property delivers on every level. Two Modern Units: Bright, airy, and updated apartments featuring open layouts, contemporary kitchens with quartz counters, and stylish flooring. Bonus Value: The fully finished basement is a total game-changer! Perfect for a home office, recreation room, or massive storage area, adding significant usable square footage to the property. Separate Utilities: Ease of management with separate meters, making this a low-stress investment. All with an incredibly low property tax! Commuter's Dream: Located just minutes from the Elizabeth Train Station (Direct to NYC) and Newark Liberty International Airport. High Rental Demand: Situated near major employers, local hospitals, and the Jersey Gardens shopping hub. INVESTOR ALERT: This isn't just a home; it's a strategic asset. With a finished basement and two renovated units, the rental upside here is massive for the Elizabeth market. Don't wait for the "Sold" sign. Multi-family homes of this caliber with the added bonus of a finished basement are a rare find in today's market.

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Multi-Family Active

Price

$ 629,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,145

Style

2-Two Story

Lot Size

0.03

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4004287

Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Architectural Style 2-Two Story
Year Built 1900
Township Elizabeth City
Tax Year 2024
Gross Income 9999999
County Union
Net Operating Income 999999
Operating Expense 999999
Subdivision Name Peterstown
Total Rooms 9
Full Baths 3
Status Active
Directions South St on Fourth Ave
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 7145
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 371400
Town # 2904
Tax Lot 12
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Interior
Basement Finished Full Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
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Exterior
Exterior Amenities Deck
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 16X75
Lot Size Acres 0.03
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* Excluded Features
List By
JORGE CASALINS

Listing Agent

Real

Broker

jorge@jorgecasalins.com

Email

Affordability Calculator

$4,474
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,878
Monthly Property Taxes
$595
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
1/9/2026$629,900 Listed Price

Map


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614 12 4Th Ave, Elizabeth, NJ, 07202 is a Multi-Family Home for sale at $629,900 with a lot size of 0.03. 614 12 4Th Ave has 4 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07202 which is in Elizabeth, NJ