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Renovated Duplex Income Property
For Sale
$549,000

738 Edgar Rd, Elizabeth, NJ 07202

Renovated two-unit duplex with two 2-bedroom apartments, full basement storage, and a private backyard.

Property SizeContact for details
Days on Market62

Property Features for 738 Edgar Rd

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,117

Building Details

Year Built 1920
Units 2
Listing Agency: EXP Realty, LLC
Listed By: PETER BOUTROS · License #300361
Source: Elliman
Added: Jun 23 Changed: Aug 11 Last Checked: Aug 22 at 10:38AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This recently renovated duplex offers two spacious units, each configured with 2 bedrooms and 1 full bath. The property includes a full basement that provides additional storage and potential for future expansion. A private backyard adds outdoor space that can support everyday use.

The home is positioned for convenience, with access to major highways and public transportation. It is also located near shopping, dining, and schools, along with other everyday amenities.

The layout supports flexible occupancy options for an owner-occupant or an investor. One side can be used as a residence while the other unit can provide rental income, or both units can be leased depending on the operator’s goals. This combination of updated interiors, two separate residential units, and usable basement and yard space makes the property well-suited for tenants seeking comfortable 2-bedroom living or buyers looking for straightforward duplex income functionality.

Key Highlights

  • Renovated 2‑unit duplex built in 1920
  • Two spacious 2‑bedroom, 1‑bath apartments
  • Full basement offering storage and potential for expansion

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home HVAC Service Garden Center Butcher Cafe & Coffee Shop

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
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,206
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?
Duplex - Renovated two-unit duplex with two 2-bedroom apartments, full basement storage, and a private backyard.
Where is this duplex located?
The property is located at 738 Edgar Rd Elizabeth, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Renovated 2‑unit duplex built in 1920; Two spacious 2‑bedroom, 1‑bath apartments; Full basement offering storage and potential for expansion
More about this property
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