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Two-Unit Duplex Property with Garage

511-513 Grier Avenue, Elizabeth, NJ 07202

For Sale
New
$1,250,000

2-4 Family, Elizabeth, NJ

Property SizeContact for details
Lot Size0.17 Acres
Days on Market5

Property Features for 511-513 Grier Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 7, Bedroom 1, Basement, Bedroom 8, Bedroom 2, Bedroom 5, Bathroom 3
Subdivision Elizabeth
Standard status Active
Lot size 0.17 Acres

Utilities

Cooling system Central Air

Amenities

modern kitchens with stainless steel appliances
private in-unit laundry rooms
central heating and cooling with two-zone HVAC
rear deck and patio
gazebo with built-in fire pit
above-ground swimming pool
oversized two-story two-car garage with wet bar
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License NJ #281797
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 14 at 12:06AM
MLS# 26042672

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-family property contains a first-floor duplex with 3 bedrooms and 3 full bathrooms, plus a finished walkout basement. The second-floor duplex has 5 bedrooms and 3 full bathrooms, with a finished walkout attic. Each residence includes a modern kitchen with stainless steel appliances, a private laundry room, and central heating and cooling with two-zone HVAC. A detached two-story garage provides storage and workspace, with a wet bar. Outdoor features include a rear deck, patio, gazebo with built-in fire pit, and an above-ground pool. Parking accommodates 10+ vehicles, and the lot measures 37 x 200 feet.

The property is near NYC transportation, local shops, schools, major highways, Newark Liberty International Airport, and The Mills at Jersey Gardens.

Key Highlights

  • Two duplex units: 3 bedrooms and 3 full bathrooms on the first floor; 5 bedrooms and 3 full bathrooms upstairs
  • Finished walkout basement and finished walkout attic
  • Detached two‑story, two‑car garage with storage, workspace, and wet bar

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,531
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Elizabeth, NJ

$301 Jul
$259 Aug
$362 Sep
$330 Oct

Properties on Market for Duplexes in Elizabeth

Jul
Aug
Sep
Oct

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?
Duplex - Two duplex residences offer separate laundry rooms, central heating and cooling, and substantial finished bonus areas.
Where is this duplex located?
The property is located at 511-513 Grier Avenue Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two duplex units: 3 bedrooms and 3 full bathrooms on the first floor; 5 bedrooms and 3 full bathrooms upstairs; Finished walkout basement and finished walkout attic; Detached two‑story, two‑car garage with storage, workspace, and wet bar
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