474 Walnut St Elizabeth, NJ $ 625,000
474 Walnut St
$ 625,000
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474 Walnut St

Elizabeth, NJ, 07201
$ 625,000
Bedrooms5 Baths3.0 Sq 2,300

Monthly Estimate*

$ 4,317

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Multi-Family Home for sale in Elizabeth, NJ

for $625,000 with 5 bedrooms and 3 full baths. This 2,300 square foot home was built in 1900 on a lot size of 0.1.

Discover this legal 3-family property offering excellent potential for both investors and owner-occupants. Conveniently located in Elizabeth's sought-after North End, this property features separate utilities for all three units, providing added convenience and flexibility. The third-floor studio apartment has been recently updated, while the spacious basement offers generous ceiling height, a separate entrance, and excellent storage potential for the basement. Additional highlights include a detached 2-car garage and parking for 3"4 vehicles, a valuable feature in this area. Can use for rental potential. Ideally situated near NJ Transit, major highways, shopping, dining, and local amenities, with convenient access to New York City. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property presents an outstanding opportunity in a prime location.

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Multi-Family Active

Price

$ 625,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,734

Style

3-Three Story

Lot Size

0.1

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4064075

Features
Interior
Interior Amenities Carbon Monoxide Detector Carpeting Fire Extinguisher Smoke Detector Vinyl-Linoleum Floors Wood Floors
Basement Bilco-Style Door Unfinished
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 5
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General
Sewer Public Sewer
Heating 3 Units
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Zoning Residential
Garage Spaces 2
Architectural Style 3-Three Story
Exclusions Owners personal items
Year Built 1900
Garage Detached Garage
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Subdivision Name KEIGHRY HEAD / NORTH END
Total Rooms 10
Full Baths 3
Status Active
Directions North Broad to Magnolia or Fairmount to Walnut.
High School Elizabeth
Open Parking Spaces 1
Number Of Units Total 3
Tax Annual Amount 9734
Home Warranty Y/N No
Drive On-Street Parking See Remarks
Standard Status Active
Tax Assessed Value 482600
Town # 2904
Tax Lot 16
Farm Assessment No
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Exterior
Exterior Amenities Curbs Metal Fence Sidewalk Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 2300
Lot Dimensions 40X110
Lot Size Acres 0.10
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* Excluded Features
List By
ETHAN GORELICK

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$5,128
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,317
Monthly Property Taxes
$811
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
289594 Elementary School
289709 Middle School
Elizabeth High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$625,000 Listed Price

Map


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474 Walnut St, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $625,000 with 2,300 sqft and a lot size of 0.1. 474 Walnut St has 5 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07201 which is in Elizabeth, NJ