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Two-Family Residential Income
For Sale
$690,000

407 Jefferson Ave, Elizabeth, NJ 07201

Two-family, three floors plus basement, with a finished attic and driveway parking for two cars.

Property SizeContact for details
Days on Market53

Property Features for 407 Jefferson Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Multifamily Units 2
Listing Agency: ZEBRA REALTY NJ, LLC
Listed By: LUCIANA COSTA · License #281691
Source: Goldstandardrealty
Added: Jul 21 Changed: Sep 10 Last Checked: Sep 11 at 12:46PM

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 ZEBRA REALTY NJ, LLC

Investment Insights

Based on property information with market context.

This two-family house offers three floors plus a basement, along with a finished attic that includes three bedrooms and a bathroom. The property is set on a huge lot and includes a driveway with parking for two cars.

The seller is offering the home as-is, with no repairs to be completed.

Interior and outdoor updates are likely required, as the property needs love and care. The finished attic adds meaningful additional living space within the overall structure.

Key Highlights

  • Two‑family house with three floors plus a basement
  • Finished basement with walkout access
  • Finished attic includes 3 bedrooms and a bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Catering 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

Location Intelligence

Trade Area within ½ mile

3,076
Businesses Nearby

Demographics for 07201, NJ

29,390
Population
10,404
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
4,592
Density / Sq Mi
$62,026
Median Household Income
$33,092
Median Earnings
$1,476
Median Rent
$413,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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-family, three floors plus basement, with a finished attic and driveway parking for two cars.
Where is this duplex located?
The property is located at 407 Jefferson Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Two‑family house with three floors plus a basement; Finished basement with walkout access; Finished attic includes 3 bedrooms and a bathroom
More about this property
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