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Renovated Multi-Level Property Near Highways
For Sale
$760,000

113 2nd St, Elizabeth, NJ 07206

Renovated multi-level house near Newark Airport, highways, suitable for investors.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market166

Property Features for 113 2nd St

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $7,855

Building Details

Year Built 1960
Units 2
Listing Agency:
Listed By: LUZ IRENE TANGARIFE
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 22 at 11:29AM

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 LUZ IRENE TANGARIFE

Investment Insights

Based on property information with market context.

The multi-level property at 113 Second St is suitable for first-time buyers or investors seeking a solid return. The house has been recently renovated for living or renting. The property includes a finished basement and attic. It is located near Newark Airport Garden Mall and major highways, including the New Jersey Turnpike and Routes 1 and 9.

Key Highlights

  • Recently renovated, suitable for living or renting.
  • Ideal location near Newark Airport, Garden Mall, NJ Turnpike, and Routes 1 & 9.
  • Suitable for first‑time buyers or investors.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Dental Office (Bike/Boat/Book/etc) Store Daycare Center

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

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
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?
Multifamily property - Renovated multi-level house near Newark Airport, highways, suitable for investors.
Where is this multifamily property located?
The property is located at 113 2nd St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Recently renovated, suitable for living or renting.; Ideal location near Newark Airport, Garden Mall, NJ Turnpike, and Routes 1 & 9.; Suitable for first‑time buyers or investors.
More about this property
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