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    109 Ely St Elizabeth, NJ 07202

    For Sale
    $749,900

    Move-in ready two-family home in Elizabeth, NJ with modern comfort.

    Lot size:
    0.06 Acres

    Property Features for 109 Ely St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1900

    Source: RE/MAX IN ACTION Agent DENNY GONCALVES

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Two-Family Home

    Located in Elizabeth, NJ, 109 Ely Street is a well-maintained two-family residence featuring versatility, space, and modern comfort. The first-floor unit includes two bedrooms, a living room, dining room, kitchen, and a full bathroom. The second unit, which spans the second and third floors, offers a second-floor layout with two bedrooms, a living room, dining room, kitchen, and a full bathroom. The third floor features an additional bedroom, living room, and full bathroom. The home also includes a partially finished basement, central air conditioning, forced hot air heating, and driveway parking. The property features spacious rooms throughout, updated kitchens and bathrooms, and is completely vacant and move-in ready. This property is suitable for both first-time homebuyers and investors.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.2171172
    Latitude
    40.6592333

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    FAQs

    What type of property is this?
    Duplex - Move-in ready two-family home in Elizabeth, NJ with modern comfort.
    Where is this duplex located?
    The property is located at 109 Ely St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Completely vacant and move-in ready.; - Two separate units offer versatility for owner-occupancy with rental income or extended family living.; - Updated kitchens and bathrooms.
    (908) 558-2727
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    109 Ely St Elizabeth, NJ 07202
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    Elizabeth, NJ 07202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Ely St Elizabeth, NJ 07202
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