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    118 Murray St Elizabeth, NJ 07202

    Pending
    For Sale
    $880,000

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

    Lot size:
    0.20 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 118 Murray St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Laundry, Living Room
    Bedrooms
    6
    Bathrooms
    3
    Parking
    10
    Patio and Porch features
    Porch
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
    Exterior features
    Open Porch(es), See Remarks, Wood Fence
    Fencing
    Fenced, Wood
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Multi Units

    Building Details

    Year built
    1907
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    See Remarks

    Atlantic Pros, Realtors (908) 296-8090 [email protected]

    Listing agent ANTUANETTE MENA (908) 296-8090

    Listing date Nov 20, 2025

    MLS# 3991250 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

    Well-Maintained Multi-Family Home

    This well-maintained two-family home is situated on a quiet corner lot in the Elmora section of Elizabeth. The property presents an opportunity for both owner-occupants and investors, with rental income potential and the option to live in one unit while renting out the other. Each unit features 3 bedrooms, 1 full bathroom, formal living and dining rooms, and well-appointed kitchens. Additional space includes a finished attic and a partially finished basement, offering flexibility for recreation, storage, or extended living. The property includes a detached garage and private parking for up to 10 cars. The home sits on an oversized lot of 0.2 acres, providing ample outdoor space and the possibility for future expansion or development with proper town permits and approvals. A wraparound porch enhances the home's curb appeal. The property is located approximately a 7-minute walk to NJ Transit station and approximately 30 minutes to NYC by train or car. It is close to schools and Union County College Elizabeth, and near shopping, dining, and major highways (Route 1&9, NJ Turnpike). The property is a three-story multi-family home and is ideal for homeowners or investors.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -74.22082
    Latitude
    40.66271

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    FAQs

    What type of property is this?
    Duplex - Two-family home in Elmora, Elizabeth with income potential.
    Where is this duplex located?
    The property is located at 118 Murray St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $880,000.
    What are key features of this property?
    This property features: - Two-family home with strong rental income potential, ideal for homeowners or investors.; - Convenient location: 7-minute walk to NJ Transit, approximately 30 minutes to NYC.; - Ample parking: Detached garage and private parking for up to 10 cars.
    (908) 296-8090
    Request Owner's contact information
    118 Murray St Elizabeth, NJ 07202
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    Elizabeth, NJ 07202
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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
    118 Murray St Elizabeth, NJ 07202
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