New Multifamily Property with
For Sale
$1,225,000
Pending
303 Chilton St, Elizabeth, NJ 07208
New construction multifamily property featuring recreation room and modern amenities.
Property Size1,638 SF
Days on Market165
Property Features for 303 Chilton St
General Information
Standard status
Pending
Size
1,638 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$49,627
Building Details
Year Built
2024
Units
2
Listing Agency:
EXIT REALTY LUCKY ASSOCIATES
(908) 289-7746
Listed By:
ANTONIO COSTA · License #238477
Source:
Elliman
Added: Mar 12
Changed: Aug 16
Last Checked: Aug 22 at 9:56AM
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
Investment Insights
Based on property information with market context.
This property features plans for three new apartments and a recreation room. The first floor includes a two-car garage, utility room, recreation room, full bathroom, and study, with a connection to apartment #1 on the second floor. Apartment #1 features a living room, dining room, eat-in kitchen, three bedrooms, and two full bathrooms. The kitchens are equipped with a dishwasher, microwave, stove, granite countertops, breakfast island, and ceramic backsplash. Each unit has separate utilities, central air/heat, and laundry hook-ups. The property may qualify for a 5-year tax abatement for owner-occupied units and a 10-year HOW. The house has a 1638 square foot footprint. This property is intended for multifamily residential use.
Key Highlights
- Brand new construction (2024) with two separate apartments
- Potential for 5‑year tax abatement for owner‑occupied unit
- 10‑year HOW (Home Owners Warranty)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,007
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - New construction multifamily property featuring recreation room and modern amenities.
Where is this multifamily property located?
The property is located at 303 Chilton St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Brand new construction (2024) with two separate apartments; Potential for 5‑year tax abatement for owner‑occupied unit; 10‑year HOW (Home Owners Warranty)
