511 Grier Ave Elizabeth, NJ $ 1,250,000
511 Grier Ave
$ 1,250,000
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511 Grier Ave

Elizabeth, NJ, 07202
$ 1,250,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 8,633

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Multi-Family Home for sale in Elizabeth, NJ

for $1,250,000 with 8 bedrooms and 6 full baths. This home was built in 1910 on a lot size of 0.17.

Massive, fully modernized income-producing 2-family property with a walkout finished attic and basement. This impressive property sits on an oversized 37 x 200 lot and features a detached two-story garage and parking for 10+ vehicles! The first-floor duplex features 3 bedrooms and 3 full bathrooms, with direct access to a finished walkout basement offering additional recreational and living space. The second-floor duplex boasts 5 bedrooms and 3 full bathrooms, complemented by a finished walkout attic. Both units feature modern kitchens with stainless steel appliances, private in-unit laundry rooms, and central heating and cooling with a two-zone HVAC system. Enjoy a beautifully designed backyard featuring a spacious rear deck and patio, A large gazebo with a built-in fire pit, and an above-ground swimming pool. The oversized two-story, two-car garage offers abundant storage and workspace, along with a wet bar for entertainment. Ideally located near NYC transportation, local shops, schools, major highways, Newark Liberty International Airport, and The Mills at Jersey Gardens. With two substantial living units, additional finished attic and basement space, extensive off-street parking, and an oversized detached garage, this property offers tremendous versatility and income-producing potential. Whether you're looking to live in one unit while generating rental income from the other or expand your real estate investment portfolio, this is a rare opportunity.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 12,095

Style

3-Three Story

Lot Size

0.17

Year Built

1910

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4064020

Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector Walk-In Closet
Basement Finished Full Walkout
Unit 1 Baths Total 3.0
Unit 1 Beds Total 3
Unit 2 Baths Total 3.0
Unit 2 Beds Total 5
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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General
Sewer Public Sewer
Heating 2 Units Cent Register Heat Forced Hot Air
Cooling 2 Units Central Air
Utilities Gas-Natural
Possession At closing
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 3-Three Story
Year Built 1910
Garage Oversize Garage
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 21
Full Baths 6
Status Active
Directions Garden st to Grier Ave
Open Parking Spaces 10
Number Of Units Total 2
Tax Annual Amount 12095
Drive 2 Car Width Concrete Driveway-Exclusive
Standard Status Active
Tax Assessed Value 599700
Town # 2904
Tax Lot 25
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Exterior
Exterior Amenities Gazebo Patio PoolAbov FencPriv FencVnyl
Water Source Public Water
Exterior Description Stone Vinyl Siding
Lot Dimensions 37.50X200
Lot Size Acres 0.17
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* Excluded Features
List By
JONATHAN JIMENEZ CARDONA

Listing Agent

Keller Williams City Views Realty

Broker

jonathancvalues@gmail.com

Email

Affordability Calculator

$9,641
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,633
Monthly Property Taxes
$1,008
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$1,250,000 Listed Price

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511 Grier Ave, Elizabeth, NJ, 07202 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.17. 511 Grier Ave has 8 bedrooms, 6.0 baths, and was built in 1910. The property's zip code is 07202 which is in Elizabeth, NJ