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523 Richmond St Elizabeth, NJ $ 625,000
523 Richmond St
$ 625,000
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523 Richmond St

Elizabeth, NJ, 07202
$ 625,000
Bedrooms4 Baths2.1

Monthly Estimate*

$ 3,946

Multi-Family Home for sale in Elizabeth, NJ

for $625,000 with 4 bedrooms and 2 full baths, 1 half bath. This home was built in 1925 on a lot size of 0.07.

Great investment opportunity. 1st floor is currently tenant occupied, and the 2nd floor is owner's unit. Home needs TLC but has a lot of potential. Purchase as a rental property, or live in one unit and rent out the other. Each unit has 2 bedrooms and ! full bath. Spacious LR, DR, and eat-in -kitchen. Attic and basement have the potential to be finished. One car detached garage. Separate gas & electric meters. Centrally located near major highways, stores, restaurants and schools.

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Multi-Family Active

Price

$ 625,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 9,851

Style

2-Two Story

Lot Size

0.07

Year Built

1925

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4037639

Features
General
Sewer Public Sewer
Heating 2 Units
Cooling None
Utilities Electric Gas-Natural
Possession At close
Roof See Remarks
Garage Spaces 1
Architectural Style 2-Two Story
Exclusions tenants belongings
Year Built 1925
Garage Detached Garage
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 10
Full Baths 2
Status Active
Directions Bayway Drive to Richmond
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 9851
Home Warranty Y/N No
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 488400
Town # 2904
Tax Lot 19
Farm Assessment No
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Interior
Basement Unfinished
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 1
Total Bedrooms 4
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Exterior
Exterior Amenities Enclosed Porch(es)
Water Source Public Water
Exterior Description See Remarks
Lot Dimensions 32.5X100
Lot Size Acres 0.07
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* Excluded Features
List By
DONNA DICKSON

Listing Agent

Coldwell Banker Realty

Broker

donna.dickson@coldwellbankermoves.com

Email

Affordability Calculator

$4,767
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,946
Monthly Property Taxes
$821
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$625,000 Listed Price

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523 Richmond St, Elizabeth, NJ, 07202 is a Multi-Family Home for sale at $625,000 with a lot size of 0.07. 523 Richmond St has 4 bedrooms, 2.1 baths, and was built in 1925. The property's zip code is 07202 which is in Elizabeth, NJ