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Brand New Two-Unit Home
For Sale
Contact for pricing
Pending

567 Pennsylvania Ave, Elizabeth, NJ 07201

Newly planned two-unit residence with central AC/heat, wood and ceramic floors, and separate utilities with laundry hookups.

Property SizeContact for details
Days on Market121

Property Features for 567 Pennsylvania Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

Wood and ceramic floors
central AC/heat
separate utilities
laundry hookups

Building Details

Tenancy Multi
Listing Agency: Exit Realty Lucky Group
Listed By: Antonio Costa · License #NJ 9481169
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 12:33PM

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 Exit Realty Lucky Group

Investment Insights

Based on property information with market context.

This brand new two-unit home is being built according to approved plans, with a first-floor garage and utility room plus a rec-room and a half bathroom connected to Apartment 1. Apartment 1 features three bedrooms, a living room, dining room, kitchen, and two full bathrooms.

Apartment 2 mirrors Apartment 1 with three bedrooms, a living room, dining room, kitchen, and two full bathrooms. The home includes wood and ceramic flooring throughout, central AC/heat, separate utilities for the two units, and laundry hookups.

As noted in the public remarks, an owner-occupied house may qualify for a five-year tax abatement and a ten-year HOW.

Key Highlights

  • Brand‑new planned two‑unit residence to be built per provided plans
  • Each apartment includes three bedrooms, living room, dining room, and kitchen, plus two full bathrooms
  • Apartment 1 includes additional half bathroom connected to the first‑floor garage/utility/recreation area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Veterinary Clinic Tanning Salon Catering Service

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,223
Businesses Nearby

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

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 - Newly planned two-unit residence with central AC/heat, wood and ceramic floors, and separate utilities with laundry hookups.
Where is this duplex located?
The property is located at 567 Pennsylvania Ave Elizabeth, NJ.
What are key features of this property?
This property features: Brand‑new planned two‑unit residence to be built per provided plans; Each apartment includes three bedrooms, living room, dining room, and kitchen, plus two full bathrooms; Apartment 1 includes additional half bathroom connected to the first‑floor garage/utility/recreation area
More about this property
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