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Renovated Two-Family Duplex
For Sale
$875,000

313 Washington Avenue, Elizabeth, NJ 07202

Two three-bedroom units feature open kitchens, in-unit laundry, and private patios.

Property SizeContact for details
Days on Market251

Property Features for 313 Washington Avenue

General Information

Standard status Active
Property subtype Multi Family / 2-Two Story
Net Operating Income $9,999

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,960

Amenities

in-unit washer and dryer
private patio
Yes
No
Asphalt Shingle
Unfinished, Walkout
Patio
Vinyl Siding

Building Details

Year Built 9999
Year Renovated 2024
Buildings 1
Listing Agency: C-21 CHRISTEL REALTY
Listed By: IVONNE REYES · License #402646
Source: Compass
Added: Dec 23, 2025 Changed: Aug 29 Last Checked: Aug 31 at 1:11AM

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 C-21 CHRISTEL REALTY

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each arranged with three bedrooms, one full bathroom, an open-concept kitchen, and a bright living area. Both units include in-unit washer and dryer connections or equipment, along with private patio space. The property underwent a full renovation in June 2024, including updated finishes throughout. An unfinished, walkout attic on the second floor provides additional space within the building.

Located at 313 Washington Avenue in Elizabeth, the property is positioned near the main street, commercial stores, dining, and a hospital. The building is currently tenant-occupied, with tenants expected to vacate by March and April.

Key Highlights

  • Two‑unit duplex with three bedrooms and one full bathroom in each unit
  • Renovated throughout in June 2024
  • Open‑concept kitchens and bright living areas in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Clothing & Fashion Store Fish Market Butcher

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,423
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two three-bedroom units feature open kitchens, in-unit laundry, and private patios.
Where is this duplex located?
The property is located at 313 Washington Avenue Elizabeth, NJ.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms and one full bathroom in each unit; Renovated throughout in June 2024; Open‑concept kitchens and bright living areas in both units
More about this property
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