Renovated Two-Family
For Sale
$699,000
566 2nd Avenue, Elizabeth, NJ 07202
Residential income property offering separate living areas, off-street parking, and garage access in Elizabeth’s Peterstown section.
Property Size9,999 SF
Price / SF$69.91
Days on Market425
Property Features for 566 2nd Avenue
General Information
Standard status
Active
Size
9,999 SF
Property subtype
Multi Family / 2-Two Story
Net Operating Income
$9,999
Taxes and HOA fees
Annual Taxes
$9,131
Amenities
No
Asphalt Shingle
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Brick/Block, Vinyl Siding
Building Details
Year Built
1987
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
SHAUN ZAMORSKI · License #287697
(866) 201-6210
Source:
Compass
Added: Jul 3, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:37AM
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 EXP REALTY, LLC
Investment Insights
Based on property information with market context.
This two-family duplex at 566 2nd Avenue in Elizabeth’s Peterstown section was built in 1987 and includes a built-in garage with off-street parking. The first-floor residence offers two bedrooms, washer and dryer access, and convenient entry to the garage. The second-floor unit provides three bedrooms and has received recent updates, including interior paint, laminate flooring, kitchen cabinetry, appliances, and bathroom improvements.
The property is located beside John’s Caffe, identified in the source information as a prominent New Jersey pizzeria. Brick/block and vinyl siding form the exterior, while vinyl-linoleum flooring and standard safety equipment are included among the interior features. The two-unit configuration supports owner occupancy with a separate residential component or continued use as a multifamily property.
The property is located beside John’s Caffe, identified in the source information as a prominent New Jersey pizzeria. Brick/block and vinyl siding form the exterior, while vinyl-linoleum flooring and standard safety equipment are included among the interior features. The two-unit configuration supports owner occupancy with a separate residential component or continued use as a multifamily property.
Key Highlights
- Two‑family duplex with a two‑bedroom first‑floor unit and three‑bedroom second‑floor unit
- Second‑floor updates include paint, laminate flooring, kitchen cabinets, appliances, and bathroom improvements
- Built‑in garage plus off‑street parking
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,135
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property offering separate living areas, off-street parking, and garage access in Elizabeth’s Peterstown section.
Where is this duplex located?
The property is located at 566 2nd Avenue Elizabeth, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑family duplex with a two‑bedroom first‑floor unit and three‑bedroom second‑floor unit; Second‑floor updates include paint, laminate flooring, kitchen cabinets, appliances, and bathroom improvements; Built‑in garage plus off‑street parking
