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Six-Bedroom Multifamily Property
For Sale
$720,000

50 Reid St, Elizabeth, NJ 07201

Elizabeth location near shopping, dining, public transportation, and major highways.

Property SizeContact for details
Days on Market12

Property Features for 50 Reid St

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Highway Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $9,746

Building Details

Units 2
Listing Agency: coldwell banker liberty
Listed By: ASTRID VELASQUEZ
Source: Elliman
Added: Oct 11 Changed: Oct 15 Last Checked: Oct 20 at 9:08PM

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 coldwell banker liberty

Rey
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Investment Insights

Based on property information with market context.

This multifamily property in Elizabeth, New Jersey, has six bedrooms and four bathrooms. It is offered for sale in as-is condition.

Shopping, restaurants, public transportation, and major highways are nearby. The property has a Walk Score of 83, a Bike Score of 59, and a Transit Score of 43.

Key Highlights

  • Six bedrooms and four bathrooms
  • Walk Score: 83, Very Walkable
  • Bike Score: 59, Bikeable

Property Analytics

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Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,064
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

Frequently Asked Questions

What type of property is this?
Multifamily property - Elizabeth location near shopping, dining, public transportation, and major highways.
Where is this multifamily property located?
The property is located at 50 Reid St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Six bedrooms and four bathrooms; Walk Score: 83, Very Walkable; Bike Score: 59, Bikeable
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