Two-Unit Duplex with
New
For Sale
$945,000
133 Fulton St, Elizabeth, NJ 07206
Multi-Family, 3-Three Story, Elizabeth City, NJ
Property Size2,763 SF
Lot Size0.06 Acres
Price / SF$342.02
Days on Market1
Property Features for 133 Fulton St
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 6
Parking
4
Exterior features
Metal Fence
Fencing
Fenced
Directions
1st street to Fulton st
Standard status
Active
Size
2,763 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5115
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
KELLER WILLIAMS REALTY
Listed By:
JOSHUA LEVITT
(908) 273-2991
Added: Oct 27
Last Checked: Oct 27 at 7:06PM
MLS# 4061371
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,763-square-foot duplex in Elizabeth is under construction on a 0.06-acre lot. The two units each have three bedrooms and two full bathrooms. A private two-car garage provides on-site vehicle storage. The property is equipped with forced-air heating and central air conditioning, with public water and sewer service. Exterior details include a shingle roof and metal fencing.
A park is directly opposite the property, and the waterfront is one short block away. Major highways and public transit provide commuter connections. Newark Liberty International Airport, The Mills at Jersey Gardens, and the American Dream complex are each approximately 3 miles away.
The building is listed with a 2026 year built and remains under construction.
A park is directly opposite the property, and the waterfront is one short block away. Major highways and public transit provide commuter connections. Newark Liberty International Airport, The Mills at Jersey Gardens, and the American Dream complex are each approximately 3 miles away.
The building is listed with a 2026 year built and remains under construction.
Key Highlights
- Two‑unit duplex with 2,763 square feet of building area
- Each unit has 3 bedrooms and 2 full bathrooms
- Private two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,638
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,760
$1.1M
Cap Rate 7%
$751,971
$752.0K
Cap Rate 9%
$584,867
$584.9K
Market Conditions
NOI Build-Up for 2,763 SF
Gross rent
$79.6K $28.80/SF
− Vacancy
−$4.4K −$1.58/SF
EGI
$75.2K $27.22/SF
− OpEx
−$22.6K −$8.16/SF
NOI
$52.6K $19.05/SF
Area
Elizabeth, NJ
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,760
Cap Rate 7%
$751,971
Cap Rate 9%
$584,867
Alternative Uses
Best Use
Multifamily LT 5
$752.0K
$658.0K – $877.3K
NOI $52,638 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$669.6K
$585.9K – $781.2K
NOI $46,873 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$1.02M
$895.5K – $1.19M
NOI $71,638 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both units offer three bedrooms and two full bathrooms in a flexible residential configuration.
Where is this duplex located?
The property is located at 133 Fulton St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,763 square feet of building area; Each unit has 3 bedrooms and 2 full bathrooms; Private two‑car garage
