700-702 Park Avenue Elizabeth, NJ $ 1,300,000
700-702 Park Avenue
$ 1,300,000
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700-702 Park Avenue

Elizabeth, NJ, 07208
$ 1,300,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 8,208

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Multi-Family Home for sale in Elizabeth, NJ

for $1,300,000 with 6 bedrooms. This home was built in 1920.

Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 309,145

Style

Year Built

1920

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

NJUN2000610

Features
General
Living Area 5328
Sewer Public Sewer
Heating Forced Air Baseboard - Electric
Cooling Central A/C Other
Possession Immediate
Zoning MULTIFAMILY
Garage Spaces 1.00
Architectural Style Other
Construction Materials Other
School District ELIZABETH PUBLIC SCHOOLS
Year Built 1920
Property Subtype Triplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality ELIZABETH CITY
Accessibility None
County UNION
New Construction N
Property Type Multi-Family
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions ELMORA AVE TO PARK AVE. Use GPS.
City ELIZABETH
Number Of Units Total 1
MLS Area Elizabeth City (22004)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 309145.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 243.99
Acceptable Financing Cash Conventional FHA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00005
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Lot Features Corner Irregular
Water Source Public
Garage Features Other
Type of Parking Detached Garage Driveway On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 61.14 x 150
Lot Size Acres 0.00
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 303600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 700
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* Excluded Features
List By
Keller Williams Realty West Monmouth

Broker

michael.lamie@kw.com

Email

Affordability Calculator

$33,970
Per Month
24%
76%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$25,762
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5492942 Elementary School
5492941 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$1,300,000 Listed Price

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700-702 Park Avenue, Elizabeth, NJ, 07208 is a Multi-Family Home for sale at $1,300,000. 700-702 Park Avenue has 6 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 07208 which is in Elizabeth, NJ