Four-Unit Residential Income
For Sale
$849,000
642 Pennsylvania Avenue, Elizabeth, NJ 07201
Spacious four-family building with 2-bedroom units, separate utilities, and a rear shared driveway with parking.
Property SizeContact for details
Days on Market160
Property Features for 642 Pennsylvania Avenue
General Information
Standard status
Active
Property subtype
Multi Family / 2-Two Story
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$11,018
Amenities
Yes
Asphalt Shingle
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Full
Metal Fence
Aluminum Siding, Brick/Block
Building Details
Year Built
1940
Tenancy
Multi
Listing Agency:
BROOKMAN REALTY
Listed By:
JEFFREY BROOKMAN · License #277375
(908) 355-1921
Source:
Compass
Added: Apr 1
Changed: Aug 8
Last Checked: Jul 23 at 8:31AM
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 BROOKMAN REALTY
Investment Insights
Based on property information with market context.
This four-family residential income property features four separate units, each with two bedrooms, a living room, a kitchen, and a full bath. The building is supported by separate utilities for each unit, helping simplify individual unit operations. A shared driveway provides access with parking available in the rear, and the property also includes an unfinished basement that may support additional storage or future use.
The property is located near the North Ave train station and is described as being convenient to schools, shopping, and major transportation.
With its unit-by-unit layouts and separate utilities, the building is set up for either investor ownership or an owner-occupant configuration while maintaining distinct utility responsibility across the four units.
The property is located near the North Ave train station and is described as being convenient to schools, shopping, and major transportation.
With its unit-by-unit layouts and separate utilities, the building is set up for either investor ownership or an owner-occupant configuration while maintaining distinct utility responsibility across the four units.
Key Highlights
- Four‑family building with four 2‑bedroom units, each with living room, kitchen, and full bath
- Separate utilities for each unit
- Full unfinished basement for storage or future use
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,503
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Spacious four-family building with 2-bedroom units, separate utilities, and a rear shared driveway with parking.
Where is this quadplex located?
The property is located at 642 Pennsylvania Avenue Elizabeth, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Four‑family building with four 2‑bedroom units, each with living room, kitchen, and full bath; Separate utilities for each unit; Full unfinished basement for storage or future use
