Two-Family Residential Investment
733 Jackson Ave Elizabeth, NJ 07201
For Sale
$699,999
Pending
MULTI_FAMILY - Elizabeth City, NJ
Property Size2,002 SF
Lot Size0.10 Acres
Days on Market77
Property Features for 733 Jackson Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 4, Basement, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 3
Parking
1
Patio and Porch features
Porch
Exterior features
Open Porch(es), Sidewalk
Standard status
Pending
Size
2,002 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10760
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard
Water source
Public
Building Details
Year built
1916
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
REAL
(855) 450-0442
Listed By:
PETER MORIELLO
Added: May 13
Changed: Jul 23
Last Checked: Jul 28 at 7:06AM
MLS# 4027470
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.
This two-family residential property at 733 Jackson Ave includes two separate units with distinct bedroom and bathroom configurations. The first-floor unit features 2 bedrooms and 1 full bathroom, while the second-floor unit offers 3 bedrooms and 1 full bathroom. Additional finished space includes a finished basement with a separate entrance, as well as a bonus finished attic area that can support extra living or storage needs. The home is complemented by a detached 1-car garage and private yard space.
The property is located in Elizabeth, NJ, and is described as conveniently positioned near NJ Transit train service with direct access to New York City, major highways, shopping, restaurants, and Newark Liberty International Airport.
The overall setup provides a flexible multi-family configuration with multiple enclosed areas beyond the main unit spaces, along with separate access to the basement.
The property is located in Elizabeth, NJ, and is described as conveniently positioned near NJ Transit train service with direct access to New York City, major highways, shopping, restaurants, and Newark Liberty International Airport.
The overall setup provides a flexible multi-family configuration with multiple enclosed areas beyond the main unit spaces, along with separate access to the basement.
Key Highlights
- Two‑family home built in 1916 with public water and public sewer.
- First‑floor unit: 2 bedrooms and 1 full bathroom.
- Second‑floor unit: 3 bedrooms and 1 bathroom.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $28.80 |
| − Vacancy | −$3.2k | −$1.58 |
| EGI | $54.5k | $27.22 |
| − OpEx | −$16.3k | −$8.16 |
| NOI | $38.1k | $19.05 |
2,002 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$544.9K
$476.8K – $635.7K
NOI $38,141 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$485.2K
$424.5K – $566.1K
NOI $33,963 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$741.5K
$648.8K – $865.1K
NOI $51,907 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two units with 2- and 3-bedroom layouts, plus a finished basement and attic area, on a lot with a detached 1-car garage.
Where is this duplex located?
The property is located at 733 Jackson Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two‑family home built in 1916 with public water and public sewer.; First‑floor unit: 2 bedrooms and 1 full bathroom.; Second‑floor unit: 3 bedrooms and 1 bathroom.
