Elizabeth, NJ Multifamily Properties for Sale

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115 properties

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Updated: May 18

Mixed-Use Building with Garage Doors

459 FULTON ST Unit 1, Elizabeth, NJ 07206

$1,199,000

7,500 sqft

Ground‑floor commercial/warehouse space offers 2,500 SF, 14' ceilings, rolling garage doors, plus 1/2 bath and private office
Second and third floors include three residential units: two spacious 1‑bedroom apartments and one oversized 2‑story 6‑bedroom, 2‑bath unit
All units feature central air and in‑unit laundry
Commercial zoning; lot dimensions listed as 25X100 and 25X100
Tenants are month‑to‑month with no leases in place

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This listing looks promising.

Here's a quick look at some key insights for

459 FULTON ST Unit 1, Elizabeth City, NJ 07206

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$104K
Annual
Price @ 7% Cap

$1.48M
Above asking
Last Sold

Nov 2000
$40K

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Updated: Jun 17

Two-Unit Duplex with Private Backyard

738 Edgar Road, Elizabeth, NJ 07202

$549,000

1,736 sqft 0.05 AC lot

Two‑unit property with 2 bedrooms and 1 full bath in each unit
Full basement with storage and expansion possibilities
Wall unit cooling and hot water/other heating
Public water and public sewer
Private patio/backyard on‑site

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Two-Unit Duplex with Separate Utilities

658 Adams Ave, Elizabeth, NJ 07201

$729,000

1,808 sqft 0.06 AC lot

Two-family property with renovated first-floor 2-bed unit and a larger second/third-floor 5-bed layout with separate utilities.

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Two-Family Residential Income Property

1039 Anna St, Elizabeth, NJ 07201

$679,999

2,836 sqft 0.07 AC lot

Two-family home features separate entrances and utilities, with full eat-in kitchens on both floors plus additional finished space.

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2-Two Story, Duplex-Side by Side, Multi-Family - Elizabeth City, NJ

173 3Rd St, Elizabeth, NJ 07206

$875,000

2,300 sqft 0.12 AC lot

Renovated mixed-use property with commercial space and residential units.

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Two-Family Residential Investment Home

733 Jackson Ave, Elizabeth, NJ 07201

$699,999

2,002 sqft 0.10 AC lot

Two units with 2- and 3-bedroom layouts, plus a finished basement and attic area, on a lot with a detached 1-car garage.

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Four-Unit Multi-Family Building

434 Richmond St, Elizabeth, NJ 07202

$899,900

For sale four-unit residential income building with commuter access to Newark Liberty Airport and NYC transportation.

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Two-Unit Multifamily Investment Opportunity

632 Grier Ave, Elizabeth, NJ 07202

$600,000

0.06 AC lot

Two-unit property with one vacant unit and one month-to-month tenant plus bonus space for added income or flexibility.

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Updated Two-Family Residence

225 John St, Elizabeth, NJ 07202

$685,000

0.06 AC lot

Two updated units offer multiple bedrooms, full baths, and eat-in kitchens plus a fenced yard and concrete patio.

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Two-Family Residential Income Property

66 Erie St, Elizabeth, NJ 07206

$550,000

0.06 AC lot

Vacant two-family with a finished third-level studio, sold as-is and needing TLC for owner or investor renovation.

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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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Renovated Duplex with Bonus Unit

526 Jackson Ave, Elizabeth, NJ 07201

$649,000

0.09 AC lot

Two units plus a bonus unit offer renovated living space, including two kitchens, a detached garage, and parking for up to five cars.

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Five-Unit Multifamily Building

558 S Broad St, Elizabeth, NJ 07202

$1,080,000

0.16 AC lot

Five residences on a 71-by-100 lot with two driveways, parking, a garage with loft, and a finished basement.

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Mixed-Use Retail and Residential Building

416 S 5TH ST Unit 123, Elizabeth, NJ 07206

$1,130,000

2,613 sqft

Street-level storefront with two apartments above, offering flexible owner-user or investor configuration subject to approvals.

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Two-Unit Residential Income Property

231 Clark Pl, Elizabeth, NJ 07206

$649,000

0.06 AC lot

Two spacious units provide a mix of living areas, kitchens, and bedrooms, plus additional finished space and yard access.

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716 - 718 Monroe Ave, Elizabeth, NJ 07201

$729,900

0.10 AC lot

Recently updated two-family home with large units, offering a practical setup for both owner-occupants and investors.

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North Elizabeth Two-Family Home

1039 Anna Street, Elizabeth, NJ 07201

$679,999

948 sqft

Two-family home in North Elizabeth with various living options.

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Three-Unit Townhome-Style Duplex

626 Magnolia Ave, Elizabeth, NJ 07206

$674,999

0.06 AC lot

Three levels of living space with two bedrooms and one full bath per floor, plus off-street parking via a shared driveway.

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Two-Family Property Investment Opportunity

322 South 7th Street, Elizabeth, NJ 07202

$519,000

1,200 sqft

Two-unit property near transportation, shopping, and amenities.

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Legal Two-Family Home with Bonus Space

478 Walnut St, Elizabeth, NJ 07201

$570,000

0.08 AC lot

Two separate units each with one bedroom and one full bath, plus a finished attic and finished basement.

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Mixed-Use Property with Renovated Apartments

113 Elizabeth Ave, Elizabeth, NJ 07206

$1,300,000

9,999 sqft 0.12 AC lot

3,500 sq ft warehouse/storefront with two renovated apartments.

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Mixed-Use Retail and Rental Duplex

95 1St St, Elizabeth, NJ 07206

$800,000

0.03 AC lot

Property combines commercial space with two residential rental units and includes a full basement for additional storage.

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Multifamily Residential Income Property

423 Jersey Avenue, Elizabeth, NJ 07202

$1,600,000

5,519 sqft

For sale multifamily asset in Elizabeth, NJ, offered for investors evaluating residential income opportunities.

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3-Unit Residential Income Property

120 Fulton St, Elizabeth, NJ 07206

$899,900

0.06 AC lot

Three-unit building delivered fully vacant, with off-street parking for residents and guests.

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Elizabeth, NJ Multifamily Properties Market Trends and Statistics

Explore 115 multifamily properties for sale in Elizabeth, NJ, showcased through 115 active listings on our real estate platform. These investment opportunities span a total of 154,395 square feet of properties for sale, with an estimated market value of $38,219,997.

Sale prices for multifamily properties in Elizabeth, NJ start at $519,000, averaging $1,415,555, and reaching up to $11,750,000 — 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

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
07206	$862.6K
07201	$963.7K
07202	$1.4M
07208	$1.9M

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)

Property Size Breakdown

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

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