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Renovated Quadplex with Garage
New
For Sale
$979,000

924 Monroe Avenue, Elizabeth, NJ 07201

Residential Income, Elizabeth, NJ

Property SizeContact for details
Lot Size0.17 Acres
Days on Market2

Property Features for 924 Monroe Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 8
Full bathrooms 8
Rooms Dining Room, Bathroom 3, Bathroom 4, Bathroom 2, Basement, Bathroom 6, Bathroom 5, Bathroom 8, Bathroom 7, Bathroom 1
Parking features Garage
Interior features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Exterior features Fencing/Wall
Fencing Fenced
Appliances Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven), Unit 4(Range/Oven)
Lot features Level
Elementary school district Elizabeth City School District
Middle school district Elizabeth City School District
High school district Elizabeth City School District
Directions North Ave to Monroe
Standard status Active
APN 00208000000034
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14244

Utilities

Sewer type Public Sewer
Heating system Steam, Other (Heating)
Water source Public

Building Details

Year built 1927
Floors in Building 3
Building materials Metal Siding
Roof type Asphalt
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Tania Hernandez Faria
Added: Sep 1 Last Checked: Sep 2 at 6:06AM
MLS# 2703672R

Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential property contains two-bedroom apartments, each with a kitchen, one bathroom, and living room. One unit also includes a dining room. Finished attic areas and basements add usable interior space, while recent apartment renovations provide updated living areas. Range/ovens are installed in all four units, and the building has gas water heating and steam heat.

Set on 0.1722 acres at 924 Monroe Avenue in Elizabeth, the property includes a fenced lot, a detached garage, and parking for approximately 5-6 cars. Public water and public sewer serve the property. The building was constructed in 1927 and has metal siding, an asphalt roof, and fencing or wall improvements.

Key Highlights

  • Four units, each with 2 bedrooms, a kitchen, 1 bath, and living room
  • Finished attics and basements provide additional interior space
  • Apartments have been newly renovated

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Gym & Fitness Center Kitchen & Bath Showroom Computer & Electronic Repair Veterinary Clinic

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby

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

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?
Quadplex - Four updated apartments include finished attics, basements, and dedicated on-site parking.
Where is this quadplex located?
The property is located at 924 Monroe Avenue Elizabeth, NJ.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms, a kitchen, 1 bath, and living room; Finished attics and basements provide additional interior space; Apartments have been newly renovated
More about this property
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