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Move-In-Ready Two-Bedroom Apartment
For Lease
$1,500/Mo

516 E Jersey St, Elizabeth, NJ 07206

Bright, move-in-ready two-bedroom unit with modern flooring and an updated, tiled bathroom for comfortable everyday living.

Space SizeContact for details
Days on Market68

Property Features for 516 E Jersey St

General Information

Standard status Active
Property subtype Multi Family
Lease Term 12 months

Building Details

Year Built 9999
Listing Agency: Elite Realtors of New Jersey
Listed By: CESAR LANDIVAR
Source: Elliman
Added: Jun 3 Changed: Aug 8 Last Checked: Aug 9 at 10:02AM

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 Elite Realtors of New Jersey

Investment Insights

Based on property information with market context.

This well-maintained two-bedroom apartment offers a bright, functional layout with modern flooring throughout and plenty of natural light. The updated bathroom features stylish tile work and contemporary fixtures, adding a refreshed, move-in-ready feel.

The unit is positioned for everyday convenience near shopping, dining, public transportation, and major highways. Mobility is supported by a walk score of 84 (very walkable) and a transit score of 58 (good transit), with a bike score of 53 (bikeable).

Ideal for renters seeking a clean, comfortable interior and a straightforward layout, this home includes spacious bedrooms and a cozy living area. With its updated bathroom and modern flooring, it’s designed for tenants who want to settle in without needing immediate interior upgrades.

Key Highlights

  • 2‑bedroom apartment at 516 E Jersey St, Elizabeth, NJ
  • Move‑in‑ready interior with modern flooring throughout
  • Updated bathroom with stylish tile work and contemporary fixtures

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Dental Office Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,461
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Bright, move-in-ready two-bedroom unit with modern flooring and an updated, tiled bathroom for comfortable everyday living.
Where is this multifamily property located?
The property is located at 516 E Jersey St Elizabeth, NJ.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 2‑bedroom apartment at 516 E Jersey St, Elizabeth, NJ; Move‑in‑ready interior with modern flooring throughout; Updated bathroom with stylish tile work and contemporary fixtures
More about this property
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