2-Unit Income Property with
511 Grier Ave, Elizabeth, NJ 07202
For Sale
New
$1,250,000
Two residences offer separate laundry rooms, updated kitchens, and finished attic and basement areas.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market3
Property Features for 511 Grier Ave
General Information
Standard status
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
in-unit laundry
central HVAC
rear deck
patio
gazebo with fire pit
above-ground swimming pool
detached two-story garage
wet bar
Building Details
Year Built
Listing Agency:
Keller Williams City Views Realty
Listed By:
Jonathan Jimenez Cardona · License NJ #311736
(347) 612-2803
Source:
Srrealestategroup
Added: Nov 12
Last Checked: Nov 12 at 2:20PM
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 Keller Williams City Views Realty
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Investment Insights
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This 2-family property, built in 1910, contains two substantial residences. The first-floor unit has 3 bedrooms and 3 full bathrooms, with access to a finished walkout basement. The second-floor unit includes 5 bedrooms and 3 full bathrooms, plus a finished walkout attic. Both residences have modern kitchens with stainless steel appliances, private laundry rooms, and central heating and cooling served by a two-zone HVAC system.
The 37 x 200 lot includes a detached, two-story, two-car garage with storage, workspace, and a wet bar. The property also provides parking for 10+ vehicles. Outdoor features include a rear deck, patio, gazebo with a built-in fire pit, and above-ground swimming pool. The property is near NYC transportation, shops, schools, major highways, Newark Liberty International Airport, and The Mills at Jersey Gardens.
The 37 x 200 lot includes a detached, two-story, two-car garage with storage, workspace, and a wet bar. The property also provides parking for 10+ vehicles. Outdoor features include a rear deck, patio, gazebo with a built-in fire pit, and above-ground swimming pool. The property is near NYC transportation, shops, schools, major highways, Newark Liberty International Airport, and The Mills at Jersey Gardens.
Key Highlights
- Two‑family property with 3‑bedroom and 5‑bedroom residences
- First‑floor unit has 3 full bathrooms and a finished walkout basement
- Second‑floor unit has 3 full bathrooms and a finished walkout attic
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,531
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
$358,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Elizabeth, NJ
Properties on Market for Duplexes in Elizabeth
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate laundry rooms, updated kitchens, and finished attic and basement areas.
Where is this duplex located?
The property is located at 511 Grier Ave 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‑family property with 3‑bedroom and 5‑bedroom residences; First‑floor unit has 3 full bathrooms and a finished walkout basement; Second‑floor unit has 3 full bathrooms and a finished walkout attic
