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    429 Niles St Elizabeth, NJ 07202

    Pending
    For Sale
    $1,099,900

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

    Property size:
    3,850 SF
    Lot size:
    0.09 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 429 Niles St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    New Construction
    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, Laundry, Master Bedroom, Utility Room
    Bedrooms
    6
    Bathrooms
    6
    Parking
    2
    Appliances
    Dishwasher, Microwave, Oven - Gas, Range, Refrigerator, Washer
    Size
    3,850 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    2025
    Number of units
    2
    Building materials
    Brick, See Remarks, Vinyl Siding
    Roof type
    Flat
    Architectural style
    Other

    Real Broker LLC

    Listing agent JORGE CASALINS (855) 450-0442

    Listing date Nov 11, 2025

    MLS# 3995018 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

    New Two-Family Home in Elizabeth

    This new two-family home is located in the Peterstown section of Elizabeth City. The property offers a 10-year builder's warranty and a 5-year tax abatement. Unit 1 is a two-level unit featuring 3 bedrooms and 2 full bathrooms, with a ground floor that includes a family room, a half bath, and a laundry room. Unit 2 offers 3 bedrooms and 2 full bathrooms on one level. Both units include hardwood floors, quartz countertops, and stainless steel appliances. The property is suitable for an owner-occupant seeking rental income or an investor. The property is located near restaurants and shopping, with access to the NJ Turnpike. The property has a lot size of 0.09 acres and a property size of 3850 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -74.20708
    Latitude
    40.65228

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    FAQs

    What type of property is this?
    Duplex - New construction two-family home in Elizabeth's Peterstown section.
    Where is this duplex located?
    The property is located at 429 Niles St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $1,099,900.
    What are key features of this property?
    This property features: - Brand new 2-family home in desirable Peterstown location, ideal for owner-occupants or investors.; - Benefit from a 5-year tax abatement, offering significant savings.; - Includes a 10-year builder's warranty for peace of mind.
    (855) 450-0442
    Request Owner's contact information
    429 Niles 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
    429 Niles St Elizabeth, NJ 07202
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