For sale

$789,000

313 Washington Ave, Elizabeth, NJ 07202

6beds

2baths

2,744sqft

$4,987/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$764,700 Zestimate^®

$288/sqft

$-- HOA

What's special

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!

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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

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: $288/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

$764,700

$688,000 - $849,000

$2,473/mo

Price history

Date	Event	Price
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