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

Elizabeth, NJ, 07208
$ 1,300,000
Bedrooms6 Baths5.0 Sq 5,328

Monthly Estimate*

$ 8,208

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Multi-Family Home for sale in Elizabeth, NJ

for $1,300,000 with 6 bedrooms and 5 full baths. This 5,328 square foot 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

Full Bath

5

Property Type

Multi-Family

Taxes

$ 19,839

Style

3-Three Story

Year Built

1920

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4037152

Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector Walk-In Closet
Basement Finished Full
Unit 1 Baths Total 3.0
Unit 1 Beds Total 3
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 6
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General
Sewer Public Sewer
Heating 1 Unit Baseboard - Electric Forced Hot Air
Cooling 1 Unit See Remarks
Utilities All Underground
Possession At closing
Roof Asphalt Shingle See Remarks
Garage Spaces 1
Architectural Style 3-Three Story
Year Built 1920
Garage Detached Garage See Remarks
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Subdivision Name Old Colony Land Co/Elmore
Total Rooms 17
Full Baths 5
Status Active
Directions Elmora Ave to Park Ave. Use GPS.
Open Parking Spaces 4
Number Of Units Total 3
Tax Annual Amount 19839
Drive Driveway-Exclusive On-Street Parking See Remarks
Standard Status Active
Tax Assessed Value 983600
Town # 2904
Tax Lot 5
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Exterior
Exterior Amenities Deck Enclosed Porch(es) See Remarks Sidewalk
Lot Features Corner Irregular Lot
Water Source Public Water
Exterior Description See Remarks Vinyl Siding
Building Area Total 5328
Lot Dimensions 61.14X150 X IRR
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* Excluded Features
List By
MICHAEL LAMIE

Listing Agent

Keller Williams Realty

Broker

Affordability Calculator

$9,862
Per Month
83%
17%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$1,653
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
6/26/2026$1,300,000 Listed Price

Map


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700-702 Park Ave, Elizabeth, NJ, 07208 is a Multi-Family Home for sale at $1,300,000 with 5,328 sqft. 700-702 Park Ave has 6 bedrooms, 5.0 baths, and was built in 1920. The property's zip code is 07208 which is in Elizabeth, NJ