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Duplex Under Construction with Recreation Area
For Sale
$994,000
Pending

337 Court St, Elizabeth, NJ 07206

MULTI_FAMILY - Elizabeth City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market63

Property Features for 337 Court St

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking 2
Security features Security System
Interior features Carbon Monoxide Detector, Cathedral Ceiling, Intercom, Security System, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Exterior features Metal Fence, Privacy Fence, Sidewalk
Fencing Fenced, Privacy
Directions Third street to Court Street
Standard status Pending
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7904

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: NJ REALTY PLUS
Listed By: JOSE NUNES · License #268470
Added: Jun 8 Changed: Aug 2 Last Checked: Aug 9 at 10:06PM
MLS# 4032848

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.

Brand-new duplex construction (under construction) built in 2026, featuring two units with three bedrooms and two full bathrooms per unit. Each unit is designed with an open-concept layout, modern kitchens, and abundant natural light. Additional interiors include walk-in closets and tile and wood flooring, along with security and comfort features such as a security system, smoke detectors, and central intercom.

The plan also includes a finished ground floor with a large recreation area and an additional full bathroom, providing flexible space for entertainment, a home office, a gym, or extended living. Exterior features include a metal fence and privacy fence, and the property includes sidewalk. Parking includes a 2-car garage and private driveway parking.

Utilities include public water and public sewer service, with forced air heating and central air conditioning. The roof is shingle. The property is eligible for a 5-year tax abatement and comes with a 10-year HOME WARRANTY.

Key Highlights

  • Under construction duplex built in 2026
  • Each unit planned with three bedrooms and two full bathrooms
  • Finished ground floor includes large recreation area plus an additional full bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Law 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,286
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

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 - Brand-new under-construction duplex with two-car garage, private driveway parking, and a finished ground-floor recreation space per plan.
Where is this duplex located?
The property is located at 337 Court St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $994,000.
What are key features of this property?
This property features: Under construction duplex built in 2026; Each unit planned with three bedrooms and two full bathrooms; Finished ground floor includes large recreation area plus an additional full bathroom
More about this property
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