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    315 S 5Th St Elizabeth, NJ 07206

    For Sale
    $599,000

    Multi-Family, 2-Two Story - Elizabeth City, NJ

    Lot size:
    0.06 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 8 at 12:06 am

    Property Features for 315 S 5Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    6
    Bathrooms
    2
    Patio and Porch features
    Deck
    Exterior features
    Deck, Metal Fence, Privacy Fence
    Fencing
    Fenced, Privacy
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Lot size
    0.06 Acres

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Brick, Stucco
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Keller Williams Realty Metropolitan (973) 539-1120 [email protected]

    Listing agent ROSSE MARY MENDEZ (973) 539-1120

    Listing date Nov 20, 2025

    MLS# 3991382 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 Peterstown

    This well-maintained two-family home is located in the Peterstown section. Each unit features 3 bedrooms, 1 bathroom, a living room, and an eat-in kitchen. Both units include private decks overlooking the backyard. The property is conveniently located near shopping, public transportation, Newark Airport, and New York City. The lot size is 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant 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
    -74.20379
    Latitude
    40.65185

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home near transportation and shopping.
    Where is this duplex located?
    The property is located at 315 S 5Th St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Two-family home: Excellent investment opportunity.; - Desirable Peterstown location: Convenient to shopping, public transportation, Newark Airport, and New York City.; - Each unit has 3 bedrooms and 1 bathroom.
    (973) 539-1120
    Request Owner's contact information
    315 S 5Th St Elizabeth, NJ 07206
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    Elizabeth, NJ 07206
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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
    315 S 5Th St Elizabeth, NJ 07206
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