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Renovated Four-Unit Quadplex
For Sale
$1,150,000

620 Pennsylvania Ave, Elizabeth, NJ 07201

Multi-Family, Elizabeth City, NJ

Property SizeContact for details
Days on Market94

Property Features for 620 Pennsylvania Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 6, Basement, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 3
Parking 6
Directions Use GPS.
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14112

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Steam
Water source Public

Amenities

laundry hookups
parking

Building Details

Year built 1927
Number of units 4
Roof type Shingle
Listing Agency: EXP REALTY, LLC
Listed By: CURTIS COUNTS
Added: Jun 5 Changed: Sep 4 Last Checked: Sep 6 at 4:06AM
MLS# 4032660

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-family property, built in 1927, contains four renovated apartments, each configured with two bedrooms and one bathroom. Interior improvements include updated flooring, kitchens, and bathrooms. Two separate attic areas with high ceilings and two basement spaces are accessed from communal hallways; the basements also include laundry hookups and separate utility areas. Public water and sewer serve the property, which has a shingle roof and steam heating.

The property sits on an oversized lot with a large rear yard behind the detached three-car garage. A private driveway provides on-site parking. Elizabeth Train Station is minutes away, with NJ Transit bus service nearby. Regional access includes Route 1 & 9, I-95 (NJ Turnpike), I-78, and the GSP. Grocery stores, restaurants, shopping districts, schools, and North End Park are also located nearby.

Key Highlights

  • Four renovated apartments, each with 2 bedrooms and 1 bathroom
  • Two high‑ceiling attic spaces and 2 basement areas with laundry hookups
  • Oversized lot with a large yard behind the garage

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Catering Service Veterinary Clinic Pet Store Pet Grooming Service Pet Store & Service Restaurant

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,935
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Four renovated two-bedroom apartments with attic and basement storage, a detached garage, and private driveway parking.
Where is this quadplex located?
The property is located at 620 Pennsylvania Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four renovated apartments, each with 2 bedrooms and 1 bathroom; Two high‑ceiling attic spaces and 2 basement areas with laundry hookups; Oversized lot with a large yard behind the garage
More about this property
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