Two-Family Multi-Level
733 Jackson Ave, Elizabeth, NJ 07201
3-Three Story, Multi-Family - Elizabeth City, NJ
Property size:
2,002 SFLot size:
0.10 AcresPrice / SF:
$349/SF- Added:
- May 13, 2026
- Days on Market:
- 22
- Last Refresh:
- Jun 3 at 10:06 pm
Property Features for 733 Jackson Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
- Parking
- 1
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Open Porch(es), Sidewalk
- Basement Y/N
- 1
- Appliances
- Oven - Gas, Range, Refrigerator
- Standard status
- Active
- Size
- 2,002 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10760
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
Building Details
- Year built
- 1916
- Number of units
- 2
- Building materials
- Block, Brick, Stucco
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent PETER MORIELLO
Listing office REAL 165 PASSAIC AVE, Haddon Township, NJ (855) 450-0442
Listing date May 13, 2026
MLS# 4027470
Listing URL
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.
HighLights
- Two‑family home with 1st‑floor 2BR/1BA unit and 2nd‑floor 3BR/1BA unit
- Finished basement with separate entrance plus additional finished attic area
- Detached 1‑car garage with driveway parking and private yard space
- Year built 1916 with block, brick, and stucco exterior and shingle asphalt roof
- Hot water baseboard heating and open porch(s) with sidewalk access
- Appliances include oven range and refrigerator
Overview
This two-family, multi-level home is arranged for multiple living spaces, with a first-floor unit featuring 2 bedrooms and 1 full bathroom. The second-floor unit offers a 3-bedroom, 1-bathroom layout. Additional finished space includes a finished basement with a separate entrance, and a bonus finished attic area that can support storage or flexible living use.
The property is located near NJ Transit train service with direct access to New York City, and it provides convenient access to major highways. The surrounding area also includes shopping and restaurants, and the home is within reach of Newark Liberty International Airport.
The setup can work well for owner-occupants who want rental income to help offset expenses, as well as for buyers seeking a straightforward two-unit residential income property. With independent basement access and added finished areas beyond the main units, the home offers practical flexibility for day-to-day use.
The property is located near NJ Transit train service with direct access to New York City, and it provides convenient access to major highways. The surrounding area also includes shopping and restaurants, and the home is within reach of Newark Liberty International Airport.
The setup can work well for owner-occupants who want rental income to help offset expenses, as well as for buyers seeking a straightforward two-unit residential income property. With independent basement access and added finished areas beyond the main units, the home offers practical flexibility for day-to-day use.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $28.80 |
| − Vacancy | −$3.2k | −$1.58 |
| EGI | $54.5k | $27.22 |
| − OpEx | −$16.3k | −$8.16 |
| NOI | $38.1k | $19.05 |
2,002 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$544.9K
$476.8K – $635.7K
NOI $38,141 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$485.2K
$424.5K – $566.1K
NOI $33,963 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$741.5K
$648.8K – $865.1K
NOI $51,907 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.20044
- Latitude
- 40.67742
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two separate units with a finished basement and attic space, plus a detached 1-car garage and private yard.
Where is this duplex located?
The property is located at 733 Jackson Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two‑family home with 1st‑floor 2BR/1BA unit and 2nd‑floor 3BR/1BA unit; Finished basement with separate entrance plus additional finished attic area; Detached 1‑car garage with driveway parking and private yard space
