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Recently Updated Duplex
For Sale
$729,900
Pending

716 - 718 Monroe Ave, Elizabeth, NJ 07201

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

Property SizeContact for details
Lot Size0.10 Acres
Days on Market75

Property Features for 716 - 718 Monroe Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bathroom 3
Interior features Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors
Exterior features FencPriv, FencVnyl, FencWood
Fencing Fenced
Subdivision North Avenue
Lot features Level Lot
Directions North Avenue to Monroe Avenue
Standard status Pending
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9009

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: ROSA AGENCY
Listed By: IOLA ARCANJO
Added: Jun 10 Changed: Aug 19 Last Checked: Aug 23 at 12:06PM
MLS# 4033621

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

716-718 Monroe Ave is a two-family duplex on a fenced lot, designed for either owner-occupancy or investment use. The property has forced-air heating and central air conditioning, with a shingle roof. Interior features include smoke detectors and carbon monoxide detectors, along with vinyl-linoleum flooring. Bedrooms and baths are laid out across the two units, including Bedroom 1 through Bedroom 6 and Bathroom 1 through Bathroom 3, plus a basement.

Set on a 0.1-acre lot in Elizabeth, NJ (North Elizabeth), the home is described as recently updated and is positioned near North Elizabeth Station with access to the New Jersey Turnpike and U.S. Routes 1 & 9. The property is also noted as being near restaurants, shopping, schools, and public transportation.

Built in 1960, the duplex is served by public water and public sewer. Exterior fencing is provided with fenced privacy and fenced vinyl/wood elements.

Key Highlights

  • Fenced lot duplex with two‑family configuration
  • Forced‑air heat and central air conditioning
  • Public water and public sewer

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Locksmith Acupuncture Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,469
Businesses Nearby

Demographics for 07201, NJ

29,390
Population
10,404
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
4,592
Density / Sq Mi
$62,026
Median Household Income
$33,092
Median Earnings
$1,476
Median Rent
$413,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family duplex with central air, forced-air heat, fenced yard, and public water and sewer service.
Where is this duplex located?
The property is located at 716 - 718 Monroe Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: Fenced lot duplex with two‑family configuration; Forced‑air heat and central air conditioning; Public water and public sewer
More about this property
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