Turnkey 2-Family Investment Opportunity with excellent rental income! Fully renovated from top to bottom in June 2024, this income-producing property is a great addition to any investment portfolio. Each unit features a modern open-concept kitchen, 3 spacious bedrooms, 1 full bathroom, a bright and airy living room, and the convenience of an in-unit washer & dryer. A walkable attic and basement with its own private entrance offers outstanding potential for additional living space and added value. Enjoy a private patio and convenient street parking. Prime location just steps from shopping, dining, local businesses, the hospital, and convenient transportation to NYC, making this an attractive rental location with strong income potential. Property is currently tenant-occupied. A true turnkey investment opportunity start generating income from day one!
Under contract
Price increase: $51K (9/24)
$840,000
313 Washington Ave, Elizabeth, NJ 07202
6beds
2baths
2,744sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$306/sqft
$-- HOA
What's special
Convenient street parkingIn-unit washer and dryerPrivate patioModern open-concept kitchen
- 48 days
- 183
- 12
Zillow last checked:
Listing updated:
Listed by:
MAIRA BISSIO 646-260-4016,
PREMIER HOMES PROS
Source: All Jersey MLS,MLS#: 2702880R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Baseboard, Forced Air
Cooling
- A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
Features
- Unit 1(3 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room)
- Basement: Full, Exterior Entry, Storage Space, Utility Room
Interior area
- Total structure area: 2,744
- Total interior livable area: 2,744 sqft
Video & virtual tour
Property
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio, Fencing/Wall, Yard
- Fencing: Fencing/Wall
Lot
- Size: 2,500 Square Feet
- Dimensions: 100.00 x 0.00
- Features: Level
Details
- Parcel number: 0400425000000016
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $517,700
- Annual tax amount: $10,442
- Date on market: 8/22/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,074/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Contingent | $840,000$306/sqft |
Source:  All Jersey MLS #2702880R Report a problem | ||
| 9/24/2026 | Pending sale | $840,000+6.5%$306/sqft |
Source:  GSMLS #4047478 Report a problem | ||
| 9/22/2026 | Contingent | $789,000$288/sqft |
Source: All Jersey MLS #2702880R Report a problem | ||
| 9/15/2026 | Pending sale | $789,000$288/sqft |
Source: GSMLS #4047478 Report a problem | ||
| 8/22/2026 | Listed for sale | $789,000-8.8%$288/sqft |
Source: GSMLS #4047478 Report a problem | ||
| 7/16/2026 | Listing removed | $865,000$315/sqft |
Source: GSMLS #4004952 Report a problem | ||
| 3/31/2026 | Price change | $865,000-1.1%$315/sqft |
Source: GSMLS #4004952 Report a problem | ||
| 1/15/2026 | Listed for sale | $875,000+37.8%$319/sqft |
Source: GSMLS #4004952 Report a problem | ||
| 6/17/2024 | Sold | $635,000+10.5%$231/sqft |
Source: GSMLS #3886124 Report a problem | ||
| 3/13/2024 | Pending sale | $574,900$210/sqft |
Source: GSMLS #3886124 Report a problem | ||
| 2/15/2024 | Listed for sale | $574,900+53.3%$210/sqft |
Source: GSMLS #3886124 Report a problem | ||
| 4/24/2019 | Listing removed | $1,800$1/sqft |
Source: COLDWELL BANKER LIBERTY #3546090 Report a problem | ||
| 4/8/2019 | Listed for rent | $1,800-2.7%$1/sqft |
Source: COLDWELL BANKER LIBERTY #3546090 Report a problem | ||
| 7/19/2018 | Listing removed | $1,850$1/sqft |
Source: Coldwell Banker Liberty #3475755 Report a problem | ||
| 6/1/2018 | Listed for rent | $1,850$1/sqft |
Source: Coldwell Banker Liberty #3475755 Report a problem | ||
| 5/24/2018 | Sold | $375,000-1.1%$137/sqft |
Source: GSMLS #3454525 Report a problem | ||
| 5/22/2018 | Pending sale | $379,000$138/sqft |
Source: ELITE INTRIAGO REALTY LLC #3454525 Report a problem | ||
| 3/28/2018 | Price change | $379,000+11.8%$138/sqft |
Source: ELITE INTRIAGO REALTY LLC #3454525 Report a problem | ||
| 3/19/2018 | Listed for sale | $339,000$124/sqft |
Source: ELITE INTRIAGO REALTY LLC #3454525 Report a problem | ||
| 2/2/2018 | Listing removed | $339,000$124/sqft |
Source: ELITE INTRIAGO REALTY LLC #3438198 Report a problem | ||
| 1/31/2018 | Listed for sale | $339,000$124/sqft |
Source: ELITE INTRIAGO REALTY LLC #3438198 Report a problem | ||
| 1/13/2018 | Pending sale | $339,000$124/sqft |
Source: ELITE INTRIAGO REALTY LLC #3438198 Report a problem | ||
| 1/4/2018 | Listed for sale | $339,000+97.1%$124/sqft |
Source: ELITE INTRIAGO REALTY LLC #3438198 Report a problem | ||
| 9/26/2017 | Sold | $172,000-7%$63/sqft |
Source: Public Record Report a problem | ||
| 1/11/2005 | Sold | $185,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,961 | $517,700 +1586.3% |
| 2023 | -- | $30,700 |
| 2022 | $9,388 +104% | $30,700 |
| 2021 | $4,603 -48% | $30,700 |
| 2020 | $8,849 +1% | $30,700 |
| 2019 | $8,763 +33.2% | $30,700 |
| 2018 | $6,577 -22.8% | $30,700 |
| 2017 | $8,518 +6.3% | $30,700 |
| 2016 | $8,012 +3.1% | $30,700 |
| 2015 | $7,772 +5.9% | $30,700 |
| 2014 | $7,337 +5.6% | $30,700 |
| 2013 | $6,950 -0.6% | $30,700 |
| 2012 | $6,993 +7.6% | $30,700 |
| 2011 | $6,500 +5% | $30,700 |
| 2010 | $6,189 +7.1% | $30,700 |
| 2009 | $5,778 | $30,700 |
| 2008 | -- | $30,700 |
| 2007 | $5,478 | $30,700 |
| 2006 | -- | $30,700 |
| 2005 | -- | $30,700 |
| 2004 | -- | $30,700 |
| 2003 | -- | $30,700 |
| 2002 | -- | $30,700 |
| 2001 | -- | $30,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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