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Quadplex with finished attic and basement
For Sale
$899,999

1408 Lexington Pl, Elizabeth, NJ 07208

MULTI_FAMILY - Elizabeth City, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market352

Property Features for 1408 Lexington Pl

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bathroom 3, Basement, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 5, Bathroom 4, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 4
Parking 1
Directions Between lower rd and concord pl
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11732

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1928
Floors in Building 3
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: VOX REALTY · Century 21 Real Estate
Listed By: CINTIA D URSO · License #296973
Added: Sep 11, 2025 Changed: Aug 18 Last Checked: Aug 28 at 6:06PM
MLS# 3986398

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.

Investment Insights

Based on property information with market context.

This quadplex offers four residential units with a practical mix of layouts. The property includes one spacious three-bedroom, one-bath unit, two two-bedroom, one-bath units, and one one-bedroom, one-bath unit. Additional flexible space is provided by a bonus finished attic with a bath and kitchenette, as well as a finished basement with a full bath and kitchenette.

Built in 1928, the building is served by public water and public sewer. The roof is described as shingle.

Set up for either investor use or owner-occupancy, the configuration supports collecting rent from additional units while maintaining a separate home base. The property sits on a 0.07-acre lot.

Key Highlights

  • Four‑unit quadplex with one three‑bedroom, one‑bath unit
  • Two two‑bedroom, one‑bath units
  • One one‑bedroom, one‑bath unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Acupuncture Gym & Fitness Center Computer & Electronic Repair

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby

Demographics for 07208, NJ

33,561
Population
12,958
Households
2.6
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
18,645
Density / Sq Mi
$61,873
Median Household Income
$36,373
Median Earnings
$1,364
Median Rent
$425,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex with a finished attic and basement, featuring public water and public sewer services.
Where is this quadplex located?
The property is located at 1408 Lexington Pl Elizabeth, NJ.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Four‑unit quadplex with one three‑bedroom, one‑bath unit; Two two‑bedroom, one‑bath units; One one‑bedroom, one‑bath unit
More about this property
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