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Two-Family Duplex with Full Basement
For Sale
$510,000

322 S 7Th St, Elizabeth, NJ 07202

Multi-Family, 2-Two Story, Elizabeth City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market61

Property Features for 322 S 7Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Basement
Directions 322 S 7th Street, Elizabeth, NJ 07202
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8838

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Roof type Flat
Architectural style Other
Listing Agency: RE/MAX CENTRAL · Realty Executives International
Listed By: MICHAEL SCLAFANI · License #306368
Added: Jun 24 Changed: Aug 19 Last Checked: Aug 23 at 4:06AM
MLS# 4036482

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 two-family duplex offers two large 2BR/1BA apartments and includes a full basement. The property has split utilities, with each unit served separately. One unit is vacant, while the other unit is currently occupied.

The duplex is heated with baseboard and electric heating. Public water and public sewer service support the property, and the roof is flat. Built in 1910, the building sits on a 0.06-acre lot.

The current setup can support a live-in and rental arrangement, with a vacant unit providing flexibility for immediate occupancy or leasing.

Key Highlights

  • Two large 2BR/1BA apartments in a two‑family duplex
  • One unit is vacant for immediate occupancy or leasing
  • Full basement included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Clothing & Fashion Store Pet Store Pet Store & Service

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,771
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 2BR/1BA units in a two-family duplex with a full basement and split utilities.
Where is this duplex located?
The property is located at 322 S 7Th St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two large 2BR/1BA apartments in a two‑family duplex; One unit is vacant for immediate occupancy or leasing; Full basement included
More about this property
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