Active

$899,999

1408 Lexington Pl, Elizabeth City, NJ 07208

8beds

39,996sqft

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Multi Family

Built in 1928

-- sqft lot

$868,700 Zestimate^®

$23/sqft

$-- HOA

What's special

Exceptional 4-family in the heart of Elizabeth! This property features a spacious 3 bed / 1 bath unit, two 2 bed / 1 bath units, and a 1 bed / 1 bath unit, offering strong rental income potential. Bonus finished attic with bath and kitchenette plus a finished basement with full bath and kitchenette add even more flexibility. Perfect opportunity for investors seeking steady cash flow or for an owner-occupant to live in one unit and collect rent from the others. Conveniently located near major transportation, shopping, and schools. Easy commute to NYC, close to Newark Airport, Rt 22, Rt 1&9, Garden State Pkwy & NJ Turnpike. Near shopping, schools & transportation.

302 days

125

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6
Full bathrooms: 6

Heating

4+ Units, Natural Gas

Cooling

Window Unit(s)

Features

Bedrooms, Kitchen, Living/Dining Room, See Remarks
Basement: Yes,Full
Has fireplace: No

Interior area

Total structure area: 39,996
Total interior livable area: 39,996 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car Width
Uncovered spaces: 1

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 3,049 Square Feet
Dimensions: 31.25 x 100

Details

Parcel number: 2904001180000000160000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector

Location

Region: Elizabeth

Financial & listing details

Price per square foot: $23/sqft
Tax assessed value: $609,800
Annual tax amount: $11,732
Date on market: 9/17/2025
Total actual rent: 39996
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$868,700

$825,000 - $912,000

$2,299/mo

Price history

Date	Event	Price
9/17/2025	Listed for sale	$899,999+57.9%$23/sqft
Source: GSMLS #3986398 Report a problem
10/4/2023	Listing removed	--
Source: GSMLS #3866749 Report a problem
9/27/2023	Listed for rent	$2,200
Source: GSMLS #3866749 Report a problem
11/1/2021	Sold	$570,000$14/sqft
Source: GSMLS #3732010 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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