Two-Unit
For Sale
$899,900
1117 Chestnut Street, Elizabeth, NJ 07201
Two-level residential income property with one vacant unit and a second-floor unit occupied by a long-term tenant.
Property Size9,999 SF
Price / SF$89
Days on Market169
Property Features for 1117 Chestnut Street
General Information
Standard status
Active
Size
9,999 SF
Property subtype
Multi Family / 3-Three Story
Net Operating Income
$9,999
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,720
Amenities
No
Asphalt Shingle
Carbon Monoxide Detector, Smoke Detector, Wood Floors
Slab
Sidewalk
Brick/Block, See Remarks, Vinyl Siding
Building Details
Year Built
2006
Listing Agency:
FLOROSTONE REALTY INC.
(908) 445-5339
Listed By:
GRISELA FLORES · License #277033
(908) 445-5339
Source:
Compass
Added: Mar 15
Changed: Aug 29
Last Checked: Aug 29 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLOROSTONE REALTY INC.
Investment Insights
Based on property information with market context.
This two-family duplex was built in 2006 and includes separate first- and second-floor residences. The ground-level unit is vacant and described as being in mint condition, while the upper unit is occupied by a long-term tenant. Interior features include wood floors, a slab foundation, and carbon monoxide and smoke detectors; exterior improvements include brick or block construction elements, vinyl siding, and sidewalks.
The property is located on Chestnut Street in Elizabeth, with access to NJ Transit, bus service, Route 1&9, the Garden State Parkway, and the New Jersey Turnpike. Newark Airport, Kean University, shopping centers, restaurants, and local parks are also nearby. The property size is listed as 9,999 square feet.
The property is located on Chestnut Street in Elizabeth, with access to NJ Transit, bus service, Route 1&9, the Garden State Parkway, and the New Jersey Turnpike. Newark Airport, Kean University, shopping centers, restaurants, and local parks are also nearby. The property size is listed as 9,999 square feet.
Key Highlights
- Two‑family duplex with separate first- and second‑floor units
- First‑floor residence is vacant and described as being in mint condition
- Second‑floor unit is occupied by a long‑term tenant
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,076
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level residential income property with one vacant unit and a second-floor unit occupied by a long-term tenant.
Where is this duplex located?
The property is located at 1117 Chestnut Street Elizabeth, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two‑family duplex with separate first- and second‑floor units; First‑floor residence is vacant and described as being in mint condition; Second‑floor unit is occupied by a long‑term tenant
