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Two-Family Home with Three-Car Garage
For Sale
$899,000

723 Jersey Ave, Elizabeth, NJ 07202

Two residential units provide three bedrooms, two full baths, and four rooms each.

Property SizeContact for details
Days on Market18

Property Features for 723 Jersey Ave

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,009
Listing Agency: Weichert Realtors, Jersey City
Listed By: Alberi Rosario
Source: Exprealty
Added: Aug 6 Changed: Aug 20 Last Checked: Aug 23 at 4:26AM

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 Weichert Realtors, Jersey City

Investment Insights

Based on property information with market context.

This duplex includes two residential units, with each offering 3 bedrooms, 2 full bathrooms, and 4 total rooms. The layout provides defined living accommodations within a two-family property, while a 3-car garage and parking for up to 2 additional vehicles add substantial off-street parking capacity.

The property is located in Elizabeth, NJ, near shopping, schools, parks, major highways, and public transportation. Its two-unit configuration, garage, and additional parking support both residential occupancy and income-producing use.

Key Highlights

  • Two residential units, each with 3 bedrooms, 2 full bathrooms, and 4 total rooms
  • 3‑car garage included
  • Additional parking for up to 2 vehicles

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Nursing Home Acupuncture Daycare Center Pet Store Home Appliance Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,495
Businesses Nearby

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

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

What type of property is this?
Duplex - Two residential units provide three bedrooms, two full baths, and four rooms each.
Where is this duplex located?
The property is located at 723 Jersey Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms, 2 full bathrooms, and 4 total rooms; 3‑car garage included; Additional parking for up to 2 vehicles
More about this property
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