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    1117 Chestnut St Elizabeth, NJ 07201

    New
    Pending
    For Sale
    $875,000

    3-Three Story, Multi-Family - Elizabeth City, NJ

    Lot size:
    0.07 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1117 Chestnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Master Bedroom
    Bedrooms
    6
    Bathrooms
    5
    Parking
    4
    Interior features
    Carbon Monoxide Detector, Smoke Detector, Wood Floors
    Exterior features
    Sidewalk
    Appliances
    Oven - Gas, Range
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air, See Remarks (Heating)
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    2006
    Number of units
    2
    Building materials
    Brick, See Remarks, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Grisela Flores (908) 445-5339 [email protected]

    Listing agent GRISELA FLORES (908) 445-5339

    Listing date Dec 2, 2025

    MLS# 3985350 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Family Home in Elizabeth, NJ

    This two-family home is located in Elizabeth, NJ. The first-floor unit is vacant and in good condition, suitable for immediate occupancy or rental. The second-floor unit is occupied by a long-term tenant with a reliable rental history, providing a steady income stream. The property is located approximately 30 minutes from New York City by train or car. It is also near NJ Transit, bus stops, Route 1&9, the Garden State Parkway, and the New Jersey Turnpike. Newark Airport, Kean University, shopping centers, restaurants, and local parks are also nearby. The lot size is 0.07 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.2104
    Latitude
    40.66802

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    FAQs

    What type of property is this?
    Duplex - Two-family home in prime location with income potential.
    Where is this duplex located?
    The property is located at 1117 Chestnut St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Vacant, mint-condition first-floor unit offers immediate move-in or rental opportunity.; - Reliable long-term tenant in the second-floor unit provides steady rental income.; - Conveniently located for commuters, just 30 minutes to NYC by train or car.
    (908) 445-5339
    Request Owner's contact information
    1117 Chestnut St Elizabeth, NJ 07201
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    Elizabeth, NJ 07201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1117 Chestnut St Elizabeth, NJ 07201
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