Three-Family Residential Income
For Sale
$639,900
Pending
48 Atlantic Street, Elizabeth, NJ 07206
Well-maintained three-family residence offering three modern apartments with separate utilities and a partially finished basement.
Property SizeContact for details
Days on Market248
Property Features for 48 Atlantic Street
General Information
Standard status
Pending
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,182
Amenities
partially finished basement
half bath
wet bar workshop
6
3
3.1
1
15
4
Partily Finished
Vinyl Siding
Building Details
Tenancy
Multi
Listing Agency:
Weichert Home City Realty
Listed By:
Augusto Verissimo · License #9591085
(201) 293-6333
Source:
Compass
Added: Jan 1
Changed: Aug 8
Last Checked: Jul 24 at 2:23PM
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 Weichert Home City Realty
Investment Insights
Based on property information with market context.
48 Atlantic Street is a well-maintained three-family home configured with three modern apartments. Each unit includes a kitchen, a living/dining area, and two bedrooms, with separate utilities for each apartment.
The property is positioned on the border of two historic neighborhoods, Elizabethport and Peterstown, with access to the Elizabeth Avenue commercial district a few short blocks away. It is also minutes from major regional destinations including Jersey Gardens Mall, the NJ Turnpike, the Goethals Bridge, and Staten Island.
A partially finished basement includes a half bath, a wet bar/workshop area, and additional storage. Separate utility setups and the basement improvements support flexible day-to-day operation and add usable space to the overall configuration.
The property is positioned on the border of two historic neighborhoods, Elizabethport and Peterstown, with access to the Elizabeth Avenue commercial district a few short blocks away. It is also minutes from major regional destinations including Jersey Gardens Mall, the NJ Turnpike, the Goethals Bridge, and Staten Island.
A partially finished basement includes a half bath, a wet bar/workshop area, and additional storage. Separate utility setups and the basement improvements support flexible day-to-day operation and add usable space to the overall configuration.
Key Highlights
- Three‑family home with three modern apartments, each with a kitchen, living/dining area, and two bedrooms
- Separate utilities for each apartment
- Partially finished basement with a half bath and a wet bar workshop
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,553
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-family residence offering three modern apartments with separate utilities and a partially finished basement.
Where is this triplex located?
The property is located at 48 Atlantic Street Elizabeth, NJ.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Three‑family home with three modern apartments, each with a kitchen, living/dining area, and two bedrooms; Separate utilities for each apartment; Partially finished basement with a half bath and a wet bar workshop
