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Two-Unit Residential Duplex
For Sale
Contact for pricing
Pending

31 S 5th St, Elizabeth, NJ 07206

New construction two-unit duplex with separate utilities and laundry hookups.

Property SizeContact for details
Days on Market121

Property Features for 31 S 5th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Exit Realty Lucky Group
Listed By: Antonio Costa · License #NJ 9481169
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 7 at 10:18AM

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.

A brand new two-unit home is planned for construction according to available plans. The first floor is designed with a garage, utility room, rec-room, and a half bathroom connected to apartment one. Apartment one will include three bedrooms, a living room, dining room, kitchen, and two full bathrooms. Apartment two will also include three bedrooms, a living room, dining room, kitchen, and two full bathrooms.

The build will feature wood and ceramic floors, along with central A/C and heat. The property will have separate utilities for each unit and laundry hookups.

Additional program details in the remarks note that an owner-occupied house may qualify for a five-year tax abatement, and a ten-year HOW is also referenced.

Key Highlights

  • New construction two‑unit duplex to be built per plans
  • Each unit includes 3 bedrooms, living room, dining room, and kitchen
  • Apartment 1 and Apartment 2 each have two full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Locksmith 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.

Location Intelligence

Trade Area within ½ mile

1,750
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
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Frequently Asked Questions

What type of property is this?
Duplex - New construction two-unit duplex with separate utilities and laundry hookups.
Where is this duplex located?
The property is located at 31 S 5th St Elizabeth, NJ.
What are key features of this property?
This property features: New construction two‑unit duplex to be built per plans; Each unit includes 3 bedrooms, living room, dining room, and kitchen; Apartment 1 and Apartment 2 each have two full bathrooms
More about this property
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