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Vacant 3-Family Triplex Property
For Sale
$899,900
Pending

120 Fulton St, Elizabeth, NJ 07206

Three-family property delivered fully vacant, with off-street parking and a practical setup for flexible occupancy.

Property SizeContact for details
Days on Market52

Property Features for 120 Fulton St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $12,991

Building Details

Year Built 2018
Units 3
Listing Agency: eXp Realty, LLC
Listed By: GISEL LAINEZ-JIMENEZ
Source: Elliman
Added: Jul 2 Changed: Aug 14 Last Checked: Aug 21 at 12:08PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This is a 3-family triplex property being delivered fully vacant, giving the next owner the ability to choose tenants or occupy a unit immediately. Each unit is described as having spacious layouts, generous room sizes, and abundant natural light. Parking is also highlighted as a valuable amenity, with convenient off-street accommodations for residents and guests. The property includes outdoor space and a functional layout intended to support comfortable day-to-day living.

Located in the heart of Elizabeth, the property is positioned near shopping, dining, schools, parks, and everyday conveniences. Commuters benefit from proximity to major roadways, including Routes 1 & 9, the New Jersey Turnpike, and the Garden State Parkway, along with access to Newark Liberty International Airport. Public transportation options are noted as well, with easy access to NJ Transit bus routes and the Elizabeth Train Station, including service toward Newark and New York City.

For investors, the vacant delivery can simplify the transition to new leases and tenant selections across three separate units. For owner-occupants, the structure supports an approach where part of the property can be occupied while other units provide rental income. Either way, the combination of unit availability, off-street parking, and a well-connected location is positioned for practical, straightforward use as a residential income property.

Key Highlights

  • 3‑family property built in 2018 and delivered fully vacant
  • Off‑street parking for residents and guests
  • Location in Elizabeth with easy access to Routes 1 & 9, NJ Turnpike, and Garden State Parkway

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

947
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?
Triplex - Three-family property delivered fully vacant, with off-street parking and a practical setup for flexible occupancy.
Where is this triplex located?
The property is located at 120 Fulton St 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: 3‑family property built in 2018 and delivered fully vacant; Off‑street parking for residents and guests; Location in Elizabeth with easy access to Routes 1 & 9, NJ Turnpike, and Garden State Parkway
More about this property
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