34-Unit Apartment
225-227 Murray St, Elizabeth, NJ 07202
For Sale
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Five-building residential portfolio with rear parking and approved redevelopment plans for a new garden-style apartment community.
Property SizeContact for details
Days on Market102
Property Features for 225-227 Murray St
General Information
Standard status
Property subtype
Zoning
Occupancy
Investment Type
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Units
Tenancy
Listing Agency:
Fernwood Realty
Listed By:
Mordy Oratz · License NJ #1429936
Source:
Crexi
Added: Aug 5
Changed: Nov 2
Last Checked: Nov 12 at 7:45AM
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 Fernwood Realty
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Investment Insights
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This apartment portfolio comprises five properties in Elizabeth, NJ, with 34 residential units across 225-227 Murray St. and 134-144 Murray St. The unit mix includes 18 studios, 11 one-bedroom units, 3 two-bedroom units, and 2 four-bedroom units. Rear parking serves the existing buildings, which were constructed in 1900. The property is zoned R-3.
The Elizabeth Zoning Board approved redevelopment of the 38,138 SF site at 134-144 Murray for a three-story garden-style community containing 29 units, 61 parking spaces, and a ground-floor parking garage. The portfolio is approximately one mile from Elizabeth Train Station, with NJ Transit service to Newark Penn Station and New York Penn Station. It also sits adjacent to Routes 1 & 9, with connections to I-95, the Goethals Bridge, and Newark Liberty International Airport, located 7.4 miles away.
The Elizabeth Zoning Board approved redevelopment of the 38,138 SF site at 134-144 Murray for a three-story garden-style community containing 29 units, 61 parking spaces, and a ground-floor parking garage. The portfolio is approximately one mile from Elizabeth Train Station, with NJ Transit service to Newark Penn Station and New York Penn Station. It also sits adjacent to Routes 1 & 9, with connections to I-95, the Goethals Bridge, and Newark Liberty International Airport, located 7.4 miles away.
Key Highlights
- 34 residential units across five properties
- Unit mix includes 18 studios, 11 one‑bedroom, 3 two‑bedroom, and 2 four‑bedroom units
- R‑3 zoning with 38,138 SF redevelopment site at 134‑144 Murray St.
Property Analytics
Who owns this building?
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Lease Details
34
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,175
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
Properties on Market for Apartment buildings in Elizabeth
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-building residential portfolio with rear parking and approved redevelopment plans for a new garden-style apartment community.
Where is this apartment building located?
The property is located at 225-227 Murray St Elizabeth, NJ.
What are key features of this property?
This property features: 34 residential units across five properties; Unit mix includes 18 studios, 11 one‑bedroom, 3 two‑bedroom, and 2 four‑bedroom units; R‑3 zoning with 38,138 SF redevelopment site at 134‑144 Murray St.
