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Remodeled 3-Bedroom Apartment
For Lease
$2,400/Mo

734 Pennington St, Elizabeth, NJ 07202

Second-floor unit in a three-family property with in-unit washer and dryer, plus street parking.

Space SizeContact for details
Days on Market20

Property Features for 734 Pennington St

General Information

Standard status Active
Property subtype Multi Family

Amenities

washer/dryer

Building Details

Year Built 9999
Tenancy Multi
Listing Agency: FERREIRA REALTY & ASSOCIATES
Listed By: OLGA C. FERREIRA · License #214150
Source: Elliman
Added: Jul 21 Changed: Jul 22 Last Checked: Aug 9 at 8:54AM

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 FERREIRA REALTY & ASSOCIATES

Investment Insights

Based on property information with market context.

Remodeled second-floor apartment in a three-family property, offering three bedrooms, a living room, a dining room, a kitchen, and one bathroom. The unit includes a washer/dryer inside the apartment.

Parking is available on the street. The property is offered with no pets and no smokers.

The third-floor apartment is also for rent and is described separately as a one-bedroom unit. Utilities are included except electric for the third-floor unit, as noted in the remarks.

Key Highlights

  • Remodeled second‑floor apartment in a 3‑family property
  • 3 bedrooms plus living room, dining room, and kitchen
  • 1 full bath

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Acupuncture Daycare Center HVAC Service Florist Travel Agency 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,506
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Second-floor unit in a three-family property with in-unit washer and dryer, plus street parking.
Where is this multifamily property located?
The property is located at 734 Pennington St Elizabeth, NJ.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Remodeled second‑floor apartment in a 3‑family property; 3 bedrooms plus living room, dining room, and kitchen; 1 full bath
More about this property
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