Residential Income

Elizabeth, NJ Residential Income Properties for Sale

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Triplex with Basement
Updated: Sep 18
Triplex with Basement

1112 Virginia St, Elizabeth, NJ 07201

$999,999
3,000 sqft 0.13 AC lot
Triplex configuration with 3,000 square feet of residential space
9 bedrooms and 3 bathrooms
0.13‑acre parcel with basement
Built in 1915
Hot‑water and baseboard heating
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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
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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See hot listings in Elizabeth

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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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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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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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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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Four-Unit Residential Income Property
Four-Unit Residential Income Property

718-722 Thomas St, Elizabeth, NJ 07202

$839,999
4,796 sqft

Four 1-bedroom units with full baths, including a right-side unit with a fully finished basement.

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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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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
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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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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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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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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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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Three-Story Income Property
Three-Story Income Property

29-31 S 2nd St, Elizabeth, NJ 07206

$1,250,000
5,110 sqft

Central air, forced-air heating, and off-street parking support the existing configuration.

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Duplex with Finished Studio
Duplex with Finished Studio

66 Erie St, Elizabeth, NJ 07206

$550,000
0.06 AC lot

Vacant residential property with public water and sewer plus finished additional living space.

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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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Two-Unit Duplex
Two-Unit Duplex

409 High St, Elizabeth, NJ 07202

$899,999
0.06 AC lot

Both homes offer three bedrooms, an open living and dining area, and a private bathroom off the primary bedroom.

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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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Renovated Two-Unit Duplex
Renovated Two-Unit Duplex

738 Edgar Rd, Elizabeth, NJ 07202

$529,000
0.05 AC lot

Two separate residences provide flexible owner-occupancy or rental use with private outdoor space and basement storage.

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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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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

637 Jefferson Ave, Elizabeth, NJ 07201

$1,150,000
0.12 AC lot

Two spacious apartments feature three bedrooms, central air, hardwood living areas, and attached garage access.

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Elizabeth, NJ Residential Income Properties Market Trends and Statistics

Explore 151 residential income properties for sale in Elizabeth, NJ, showcased through 151 active listings on our real estate platform. These investment opportunities span a total of 118,045 square feet of properties for sale, with an estimated market value of $126,316,788.

Sale prices for residential income properties in Elizabeth, NJ start at $375,000, averaging $902,262, 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

Multifamily properties 172
Duplexes 89
Apartment buildings 23
Quadplexes 17
Triplexes 15

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 $900.5K

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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