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Well-Maintained Two-Unit Duplex
For Sale
$675,000
Pending

2072 Elizabeth Ave, Rahway, NJ 07065

Two bedrooms per unit, finished basement, and 10+ car parking on a large lot.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market55

Property Features for 2072 Elizabeth Ave

General Information

Standard status Pending
Total Parking Spaces 10
Lot size 0.18 Acres
Property subtype Multi Family

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $12,915

Building Details

Year Built 1960
Units 2
Tenancy Multi
Listing Agency:
Listed By: PRISCY MARICHAL
Source: Elliman
Added: Jun 16 Changed: Aug 8 Last Checked: Aug 9 at 8:21AM

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 PRISCY MARICHAL

Investment Insights

Based on property information with market context.

This well-maintained two-unit duplex features hardwood and tile flooring throughout each residence, with two bedrooms and one bath on every floor. Both units offer a generous living room, a kitchen, and a separate dining area designed for everyday comfort. The property also includes a finished basement that can serve as flexible added space or storage, depending on how an owner chooses to use it.

Set on a large lot of approximately 7,800 square feet, the home provides ample outdoor space for entertaining and supports 10+ car parking. The location offers convenient access to shopping, restaurants, schools, major highways, and public transportation, with a bikeScore of 75 (very bikeable), walkScore of 59 (somewhat walkable), and transitScore of 39 (some transit).

With two bedrooms and a full bath on each level, this duplex can appeal to buyers seeking an owner-occupy setup while retaining income potential, as well as investors looking for a straightforward, functional residential income property. Its practical layout and generous parking make it a workable option for a range of occupancy and management preferences.

Key Highlights

  • Two‑story multifamily built in 1960 with 2 bedrooms and 1 bath on each floor
  • Hardwood and tile flooring throughout, with a generous living room plus kitchen and separate dining area
  • Finished basement offering additional space or extra storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service Locksmith

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,263
Businesses Nearby

Demographics for 07065, NJ

29,556
Population
12,811
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
7,578
Density / Sq Mi
$90,852
Median Household Income
$57,021
Median Earnings
$1,764
Median Rent
$362,300
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?
Duplex - Two bedrooms per unit, finished basement, and 10+ car parking on a large lot.
Where is this duplex located?
The property is located at 2072 Elizabeth Ave Rahway, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑story multifamily built in 1960 with 2 bedrooms and 1 bath on each floor; Hardwood and tile flooring throughout, with a generous living room plus kitchen and separate dining area; Finished basement offering additional space or extra storage
More about this property
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