Multifamily

Elizabeth, NJ Multifamily Properties for Sale

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Duplex with Two Garages
Updated: Sep 29
Duplex with Two Garages

655 4Th Ave, Elizabeth, NJ 07202

$699,000
2,314 sqft 0.06 AC lot
2,314‑square‑foot duplex on a 0.06‑acre lot
Two apartments: a two‑bedroom first‑floor unit and a three‑bedroom upper unit
Two garages
Unfinished basement with half bath and dedicated laundry room
Built in 1900
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Four-Unit Quadplex with Finished Attic
Updated: Sep 7
Four-Unit Quadplex with Finished Attic

668 Clarkson Ave, Elizabeth, NJ 07202

$995,000
3,946 sqft 0.08 AC lot
Four‑unit quadplex with 3,946 square feet
Each unit includes 2 bedrooms, 1 full bathroom, living room, and eat‑in kitchen
Finished attic provides additional usable space
Walk‑in basement divided into 2 sections
0.08‑acre parcel with car parking
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Renovated Duplex with Full Basement
Renovated Duplex with Full Basement

738 Edgar Road, Elizabeth, NJ 07202

$529,000
1,736 sqft 0.05 AC lot

Two residential units, private outdoor space, and public utilities support flexible occupancy or rental use.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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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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Under-Construction Duplex
Under-Construction Duplex

1023 Grove St, Elizabeth, NJ 07202

$1,250,000
4,649 sqft 0.11 AC lot

New construction with central air, forced-air heating, public utilities, and an oversized garage.

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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

$629,000
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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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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Two-Unit Duplex with Basement
Two-Unit Duplex with Basement

444 3rd Ave, Elizabeth, NJ 07206

$999,000
0.06 AC lot

Two distinct residences offer separate laundry, with one unit extending into the basement and the other arranged on one level.

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4-Unit Corner-Lot Quadplex
4-Unit Corner-Lot Quadplex

350 Williamson St, Elizabeth, NJ 07202

$925,000
0.06 AC lot

Each apartment offers two bedrooms and one bathroom, with utilities allocated to tenants.

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Mixed-Use Commercial and Residential Building
Mixed-Use Commercial and Residential Building

459 Fulton St, Elizabeth, NJ 07206

$1,199,000
7,500 sqft

Ground-floor commercial/warehouse space with high ceilings and loading access pairs with three income residential units.

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Duplex With Two-Level Upper Unit
Duplex With Two-Level Upper Unit

565 Madison Ave, Elizabeth, NJ 07201

$675,000
0.10 AC lot

Separate utilities serve the two residences, with off-street parking for multiple vehicles.

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Three-Unit Triplex with Garage
Three-Unit Triplex with Garage

208 Oak St, Elizabeth, NJ 07201

$1,349,000
0.11 AC lot

Three residential levels each provide a kitchen and laundry area, with a fenced backyard and substantial on-site parking.

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Multifamily Residential Property
Multifamily Residential Property

1112 Virginia St, Elizabeth, NJ 07201

$999,999
3,000 sqft

Located in Elizabeth, the property offers access to public transportation, major highways, shopping, restaurants and schools.

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Triplex with Detached Garages
Triplex with Detached Garages

226 Marshall St, Elizabeth, NJ 07206

$875,000
0.12 AC lot

Three residential units share a site with detached garages and on-site parking.

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Two-Unit Duplex
Two-Unit Duplex

322 S 7Th St, Elizabeth, NJ 07202

$519,000
0.06 AC lot

Both residences offer two bedrooms and one full bathroom.

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Updated Triplex with Two-Car Garage
Updated Triplex with Two-Car Garage

31 Bank St, Elizabeth, NJ 07201

$829,900
3,716 sqft

Three-family Colonial with separate utilities and access to public transportation.

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Triplex with Full Basement
Triplex with Full Basement

514 Marshall St, Elizabeth, NJ 07206

$650,000
0.06 AC lot

The property includes off-street parking and a full basement with additional space.

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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 Fourplex
Renovated Fourplex

33-35 Delaware St, Elizabeth, NJ 07206

$899,900
3,488 sqft 0.09 AC lot

Four legal apartments feature updated interiors, with multiple units available for occupancy.

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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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Two-Residence Duplex with Updated Systems
Two-Residence Duplex with Updated Systems

230 Pine St, Elizabeth, NJ 07206

$649,999
0.06 AC lot

Over-under configuration provides separate living spaces with convenient access to NJ TRANSIT and nearby everyday amenities.

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Nine-Unit Multifamily Investment
Nine-Unit Multifamily Investment

136 Park Pl, Elizabeth, NJ 07206

$1,500,000
3,750 sqft 0.17 AC lot

Well-maintained 9-unit building with separate utilities and individual boilers, plus ample on-site parking.

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Brick Mixed-Use Building
Brick Mixed-Use Building

173-175 3rd St, Elizabeth, NJ 07206

$725,000
0.12 AC lot

Commercial space with two upper-level apartments and building-wide central air conditioning and heat.

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Elizabeth, NJ Multifamily Properties Market Trends and Statistics

Explore 144 multifamily properties for sale in Elizabeth, NJ, showcased through 144 active listings on our real estate platform. These investment opportunities span a total of 101,095 square feet of properties for sale, with an estimated market value of $120,451,989.

Sale prices for multifamily properties in Elizabeth, NJ start at $375,000, averaging $905,654, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 84
Apartment buildings 23
Quadplexes 18
Triplexes 16

Demographics Overview

Population 136K
Population Growth (5Y) +5.9%
Median Household Income $63,738
College Educated 14.8%

High-Yield Neighborhoods for Investment

Identify Elizabeth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Avenel - 07001 $839K
Elizabeth - 07201 $902K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Union County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Elizabeth fall within the 100,000+ square foot range.

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