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Three-Bedroom Duplex with Attic
For Sale
$699,000

957-959 Olive St, Elizabeth, NJ 07201

Two residential units include unfinished attic and basement areas, with one apartment delivered vacant.

Property SizeContact for details
Days on Market42

Property Features for 957-959 Olive St

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1920
Buildings 1
Listing Agency: RE/MAX NEW MILLENNIUM GROUP
Listed By: IDALINA LOPES · License #268221
Source: Goldstandardrealty
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 30 at 7:23PM

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 RE/MAX NEW MILLENNIUM GROUP

Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two residential units with three bedrooms in each apartment. One unit will be delivered vacant, providing flexibility for an investor or an owner occupant. The property also includes a full unfinished walk-up attic and an unfinished basement, adding substantial utility and storage areas beyond the living spaces. A large driveway accommodates approximately 6 cars.

The property is located at 957-959 Olive St in Elizabeth, New Jersey, near a major shopping center, major highways, and public transportation. Its two-unit layout, bedroom count, parking, and additional unfinished areas create a practical residential income property configuration for buyers seeking either investment use or a home with an additional apartment.

Key Highlights

  • Two‑unit duplex with 3 bedrooms in each apartment
  • One apartment will be delivered vacant
  • Full unfinished walk‑up attic and basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Tanning Salon 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.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,346
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 - Two residential units include unfinished attic and basement areas, with one apartment delivered vacant.
Where is this duplex located?
The property is located at 957-959 Olive St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms in each apartment; One apartment will be delivered vacant; Full unfinished walk‑up attic and basement
More about this property
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