Multifamily

Elizabeth, NJ Multifamily Properties for Lease

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Elizabeth Four-Family Investment Opportunity
Updated: Mar 10
Elizabeth Four-Family Investment Opportunity

1408 Lexington Place, Elizabeth, NJ 07208

$1,400/Mo
9,999 sqft
Strong rental income potential from four units.
Finished attic with bath and kitchenette provides additional flexibility.
Finished basement with full bath and kitchenette adds extra living space.
Ideal for investors or owner‑occupants seeking rental income.
Convenient location near major transportation, shopping, and schools.
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Newer 3BR First-Floor Rental
Updated: Jun 3
Newer 3BR First-Floor Rental

519 Franklin St, Elizabeth, NJ 07206

$2,800/Mo
1st‑floor 3‑bedroom apartment in a two‑unit dwelling built in 2023
Master bedroom suite plus 2 full baths, with a living/dining combination and full kitchen
Utilities included: gas, electric, and water
On‑site ground‑floor laundry included; landlord supplies the machines
Available in June; currently available to be shown with existing tenant allowing showings
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Two-Story 3BR/2BA Apartment
Two-Story 3BR/2BA Apartment

728 Thomas St, Elizabeth, NJ 07202

$2,600/Mo
Built 1942  2-story
Highway access

Spacious 3-bedroom, 2-bath unit in a 4-family home with a two-floor layout and plenty of natural light.

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Renovated 4-Bedroom Apartment
Renovated 4-Bedroom Apartment

321 Fulton St 2, Elizabeth, NJ 07206

$2,800/Mo
Built 1910

Newly renovated 4-bedroom, 2-bath apartment with an open living area and fully renovated kitchen and bath.

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Modern Apartment Near Amenities
Modern Apartment Near Amenities

433 Rosehill Pl 4, Elizabeth, NJ 07202

$2,300/Mo
Built 1925  0.24 acres

Two-bedroom apartment with modern features, convenient location, available immediately.

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Mixed-Use Property with Laundromat
Mixed-Use Property with Laundromat

169 3rd St, Elizabeth, NJ 07206

Contact for pricing

Three apartments occupy the upper floors above a ground-level laundry operation.

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16-Unit Brick Apartment Building
16-Unit Brick Apartment Building

33-39 Morrell Street R, Elizabeth, NJ 07201

Contact for pricing
brick

An on-site office provides space for owner use alongside the residential units.

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854 Pennington St 2L, Elizabeth City, NJ 07202-1067
854 Pennington St 2L, Elizabeth City, NJ 07202-1067

854 Pennington St, Unit 2L, Elizabeth, NJ 07202

Gross
Contact for pricing
Built 1954

One-floor 2BR/1BA rental with a private garage, newly updated kitchen and bath, and natural light throughout.

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100 Union St 351, Elizabeth City, NJ 07202-2166
100 Union St 351, Elizabeth City, NJ 07202-2166

100 Union St, Elizabeth, NJ 07202

Gross
Contact for pricing
Built 2022

Apartments offer in-unit washer/dryer and modern finishes, with controlled access and extensive on-site amenities.

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9 active listings match your search: Multifamily for lease in Elizabeth, NJ. Based on your search, we've also compiled 164 Potential Opportunities for your consideration: 4 spaces in nearby cities and 160 properties for sale.

Multifamily properties for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Second-Floor Rental Apartment
Second-Floor Rental Apartment

185 Goldsmith Ave, Newark, NJ 07112

Weequahic
$2,050/Mo
Built 1922

Move-in ready second-floor apartment with hardwood floors and natural light, with tenant screening required.

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Renovated Three-Bedroom Unit
Renovated Three-Bedroom Unit

977 Sanford Ave 1, Irvington, NJ 07111

$2,900/Mo
Multi-tenant  Built 1947

Newly renovated first-floor 3BR/1BA unit includes central air, in-unit laundry, and off-street parking.

In-unit laundry  Central air conditioning  Off-street parking
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Mixed-Use Property with Warehouse
Mixed-Use Property with Warehouse

699-701 Frelinghuysen Avenue, Newark, NJ 07114

Dayton
Contact for pricing

A leased cigar retailer shares the ground level with vacant warehouse and office space.

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3 May St 2R, Irvington Twp., NJ 07111-3466
3 May St 2R, Irvington Twp., NJ 07111-3466

3 May St, Unit 2R, Irvington, NJ 07111

Gross
Contact for pricing
Built 1930

Renovated apartment near shopping and transportation, ready for move-in.

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Similar Spaces for Sale in Elizabeth, NJ

Consider Similar Space for Sale. We found 160 Spaces matching your search parameters.

Duplex with Two Garages
Duplex with Two Garages

655 4Th Ave, Elizabeth, NJ 07202

$699,000
2,314 sqft 0.06 AC lot

Two separate apartments provide distinct bedroom, living, dining, and kitchen layouts.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

133 Fulton St, Elizabeth, NJ 07206

$945,000
2,763 sqft 0.06 AC lot

Both units offer three bedrooms and two full bathrooms in a flexible residential configuration.

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Renovated Fourplex
Renovated Fourplex

33-35 Delaware St, Elizabeth, NJ 07206

$899,900
3,488 sqft 0.09 AC lot

Three of the four apartments are vacant, offering immediate leasing availability.

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Renovated Two-Family Duplex
Renovated Two-Family Duplex

29 S 2ND STREET, Elizabeth, NJ 07206

$1,250,000
5,610 sqft

Fully updated two-unit property with finished basement and attic areas for added flexibility.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

700 700-702 Park Ave, Elizabeth, NJ 07208

$1,249,000
5,328 sqft

Unit mix includes three-, two-, and one-bedroom layouts with a detached garage and private driveway.

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Four-Unit Quadplex with Finished Attic
Four-Unit Quadplex with Finished Attic

668 Clarkson Ave, Elizabeth, NJ 07202

$995,000
3,946 sqft 0.08 AC lot

Four residential units offer matching two-bedroom layouts, one full bathroom, and eat-in kitchens.

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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

442 Elizabeth Ave, Elizabeth, NJ 07206

$599,999
3,483 sqft 0.09 AC lot

Three levels combine ground-floor restaurant space with two residential apartments under C-2 zoning.

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Residential Duplex with Deck
Residential Duplex with Deck

50 Reid St, Elizabeth, NJ 07201

$720,000
2,052 sqft 0.06 AC lot

The property includes a deck and patio, with shopping, dining, transit, and major highways nearby.

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Two-Unit Duplex Property
Two-Unit Duplex Property

153 S Park Street, Elizabeth, NJ 07206

$579,000
1,826 sqft 0.05 AC lot

Separate three-bedroom and two-bedroom units each include one full bath for occupancy or leasing flexibility.

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Two-Unit Duplex with Detached Garage
Two-Unit Duplex with Detached Garage

927 Meredith Ave, Elizabeth, NJ 07202

$625,000
2,268 sqft 0.08 AC lot

Two separate two-bedroom apartments are complemented by finished attic space and a partially finished basement.

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Multifamily Building with Separate Utilities
Multifamily Building with Separate Utilities

220 Inslee Pl, Elizabeth, NJ 07206

$574,999
20,000 sqft 0.06 AC lot

Separate utilities serve the residential units, providing distinct utility arrangements within the building.

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Duplex with Finished Attic
Duplex with Finished Attic

70 4th St, Elizabeth, NJ 07206

$625,000
2,191 sqft

Two separate apartments each offer two bedrooms and one full bathroom.

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2-Unit Residential Duplex
2-Unit Residential Duplex

589 Cherry St, Elizabeth, NJ 07208

$846,000
2,526 sqft

Both homes include central air conditioning and in-unit laundry.

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8-Unit Apartment Building with Basement
8-Unit Apartment Building with Basement

334 1st Ave, Elizabeth, NJ 07206

$899,999
3,148 sqft

Updated owner-occupied residence with central air, forced hot-air heat, parking, and convenient transportation access.

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Renovated Duplex Income Property
Renovated Duplex Income Property

738 Edgar Rd, Elizabeth, NJ 07202

$529,000
1,736 sqft

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

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Elizabeth, NJ Multifamily properties Lease Rates & Market Statistics

Explore 9 Multifamily properties for lease in Elizabeth, NJ on Realmo, a commercial real estate exchange covering the Elizabeth area. The current inventory totals 9,999 square feet of properties.

Multifamily properties lease rates in Elizabeth range from $1,400/Mo at the entry level to $2,800/Mo at the top of the market, averaging $2,380/Mo. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

Elizabeth accounts for 82% of the 11 multifamily properties currently available across Union County, where nearby markets include Hillside and Roselle. Multifamily properties make up 41% of the 22 Residential income properties currently for lease in Elizabeth. Tenants comparing options may also consider Other residential income properties (13 listings) elsewhere in the Elizabeth market.

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