Elmora Rooming House For
For Sale
$1,350,000
138 Murray St, Elizabeth, NJ 07202
Rooming house with 9 units in Elmora section.
Property SizeContact for details
Lot Size2.30 Acres
Days on Market201
Property Features for 138 Murray St
General Information
Standard status
Active
Lot size
2.30 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,486
Amenities
Central air
Asphalt Shingle Roof
1 Unit Heating
Blacktop Driveway
Level Lot
Wall A/C Unit(s) Cooling
Listing Agency:
EXIT REALTY LUCKY ASSOCIATES
(908) 289-7746
Listed By:
ANTONIO COSTA · License #238477
Source:
Corcoran
Added: Mar 30
Changed: Oct 16
Last Checked: Oct 16 at 8:41AM
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 ASSOCIATES
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Investment Insights
Based on property information with market context.
Located in the Elmora section, this property features a rooming house with 9 units. The layout includes 3 one-bedroom units and 6 studio apartments. Each unit is equipped with a kitchenette and tile floors. Parking is available for more than 6 cars. The owner is responsible for all utilities, which are managed through a single electric meter and a single gas meter. A hot water tank was installed in 2023, and a hot water unit was installed in 2025. The property shares a common driveway with the adjacent properties at 142-144 Murray Street. The lot size is 50x2000.
Key Highlights
- Nine rental units offer immediate income potential, featuring 3 one‑bedroom and 6 studios.
- Each unit includes a kitchenette, enhancing tenant appeal.
- Ample parking for over six cars is a valuable amenity.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,022
Businesses Nearby
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Business Placement
Demographics for 07202, NJ
43,389
Population
15,866
Households
2.7
Avg Household Size
36
Median Age
13%
College-Educated
76%
High-School Grad
2.3 sq mi
ZIP Area
18,865
Density / Sq Mi
$68,071
Median Household Income
$40,505
Median Earnings
$1,508
Median Rent
$358,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Rooming house with 9 units in Elmora section.
Where is this apartment building located?
The property is located at 138 Murray St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Nine rental units offer immediate income potential, featuring 3 one‑bedroom and 6 studios.; Each unit includes a kitchenette, enhancing tenant appeal.; Ample parking for over six cars is a valuable amenity.
