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Renovated Three-Unit Brownstone
For Sale
$799,999

142 Ripley Place, Elizabeth, NJ 07206

Classic brick character pairs with updated interiors and access to public transportation in Elizabeth.

Property SizeContact for details
Days on Market9

Property Features for 142 Ripley Place

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 3

Building Details

Year Built 1980
Construction brownstone
Listing Agency: Realty One Group Sunrise
Listed By: Stanley E. Francois · License #1014727
Source: Sellwithsikora
Added: Sep 19 Changed: Sep 27 Last Checked: Sep 26 at 4:07AM

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 Realty One Group Sunrise

Investment Insights

Based on property information with market context.

Located at 142 Ripley Pl in Elizabeth, NJ, this three-unit brownstone combines a preserved original brick facade with renovated interiors. Each residence includes updated finishes while retaining the building’s traditional character.

The property offers on-street parking and convenient access to public transportation. Its three-unit configuration supports multifamily ownership and provides flexibility for an owner-occupant or investor, subject to applicable leasing and occupancy considerations.

Key Highlights

  • Three‑unit brownstone at 142 Ripley Pl, Elizabeth, NJ 07206
  • Original brick facade preserves the building’s historic character
  • Renovated interiors throughout all three units

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Locksmith Daycare Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,071
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Classic brick character pairs with updated interiors and access to public transportation in Elizabeth.
Where is this triplex located?
The property is located at 142 Ripley Place Elizabeth, NJ.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Three‑unit brownstone at 142 Ripley Pl, Elizabeth, NJ 07206; Original brick facade preserves the building’s historic character; Renovated interiors throughout all three units
More about this property
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