Duplex with Bonus
New
For Sale
$700,000
432 Pennington St, Elizabeth, NJ 07202
Two apartments share access to garage and basement storage, with utilities separately metered except for water.
Property SizeContact for details
Days on Market6
Property Features for 432 Pennington St
General Information
Standard status
Active
Property subtype
Multi Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/1BA with 2 bonus rooms
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,329
Amenities
basement storage
garage
Building Details
Year Built
1954
Buildings
1
Units
2
Listed By:
SHANNON DELLA FORTUNA
Source:
Elliman
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 5 at 7:00PM
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 SHANNON DELLA FORTUNA
Investment Insights
Based on property information with market context.
This 1954 duplex contains two apartments, each arranged with living and dining areas, an eat-in kitchen, two bedrooms, and a full bathroom. The upper apartment also includes two additional rooms on the third floor. Residents of both units have access to the basement storage and garage. Utility service is separate between the apartments, with water shared.
The property is near downtown Elmora, transportation, and schools. Its reported walk score is 86, bike score is 61, and transit score is 53.
The property is near downtown Elmora, transportation, and schools. Its reported walk score is 86, bike score is 61, and transit score is 53.
Key Highlights
- Two apartments, each with two bedrooms and a full bathroom
- Upper unit includes two additional third‑floor rooms
- Basement storage and garage access for both apartments
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,691
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two apartments share access to garage and basement storage, with utilities separately metered except for water.
Where is this duplex located?
The property is located at 432 Pennington St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms and a full bathroom; Upper unit includes two additional third‑floor rooms; Basement storage and garage access for both apartments
