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Legal Two-Family Home with Bonus Space

478 Walnut St Elizabeth, NJ 07201

478 Walnut St, Elizabeth, NJ, 07201
$570,000
For Sale
Claim this Listing
$570,000

MULTI_FAMILY - Elizabeth City, NJ

Lot Size0.08 Acres
AddedMar 6
Days on Market132
Last RefreshJul 16 at 12:06 pm

Property Features for 478 Walnut St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Basement, Bedroom 1, Bedroom 2, Bathroom 1
Parking
1
Standard status
Active
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8398

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other

Listing agent JOSEPH SIMONE

Listing office DAUNNO REALTY SERVICES LLC 206 WESTFIELD AVENUE, Clark, NJ

Listing date Mar 6, 2026

MLS# 4012918 Listing URL

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 legal two-family home is well maintained and arranged for independent living. Each unit provides one bedroom and one full bath, along with an additional finished bonus area designed to add usable space. One unit includes a thoughtfully finished attic, while the other features a finished basement for added convenience and flexibility. Both units have separate entrances and distinct layouts, supporting privacy and day-to-day separation between occupants.

The property is located at 478 Walnut St in Elizabeth City, New Jersey (Union County). An off-street driveway provides practical parking access for residents.

With its dual-unit configuration and separate entries, the home can fit a range of ownership scenarios, including owner-occupancy with a second unit available for rental. The combination of each unit’s finished bonus space and the existing two-family setup offers tenants or occupants additional room beyond the standard one-bed, one-bath layout, while maintaining an overall straightforward, residential income property format. Please arrange a showing to review the layout and finished bonus areas in person.

Key Highlights

  • Legal two‑family home with two separate units, each featuring 1 bedroom and 1 full bath
  • One unit includes a finished attic bonus area; the other includes a finished basement bonus area
  • Both units offer separate entrances and independent layouts

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service Tanning Salon (Bike/Boat/Book/etc) Store Pet Store Restaurant Pet Store & Service Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two separate units each with one bedroom and one full bath, plus a finished attic and finished basement.
Where is this duplex located?
The property is located at 478 Walnut St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Legal two‑family home with two separate units, each featuring 1 bedroom and 1 full bath; One unit includes a finished attic bonus area; the other includes a finished basement bonus area; Both units offer separate entrances and independent layouts
Contact an agent
More about this property
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