Active

Price cut: $26K (7/2)

$599,000

322 E Jersey St, Elizabeth City, NJ 07206

4beds

2,079sqft

$3,828/mo

Get pre-qualified

Multi Family

Built in 1909

-- sqft lot

$606,000 Zestimate^®

$288/sqft

$-- HOA

What's special

Well-sized bedrooms and bathsComfortable living space

Exceptional multi-unit opportunity in the heart of Elizabeth! This versatile property features a vacant first-floor unit ready for immediate occupancy and a tenant-occupied upper unit providing instant rental income. Ideal for both investors and owner-occupants looking to live in one unit while generating supplemental income from the other. Each unit offers comfortable living space with well-sized bedrooms and baths, creating strong rental appeal and flexibility. Conveniently located near major transportation, shopping, schools, restaurants, and local amenities, making commuting and everyday living a breeze. A rare opportunity with income potential and long-term value in a prime Elizabeth location!

79 days
222
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Electric Filter, Electric

Cooling

Central Air

Appliances

Included: See Remarks

Features

Bedrooms, Kitchen, Living Room
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 2,079
Total interior livable area: 2,079 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 2904007290000000040000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1909

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Location

Region: Elizabeth

Financial & listing details

Price per square foot: $288/sqft
Tax assessed value: $374,200
Annual tax amount: $7,547
Date on market: 6/18/2026
Total actual rent: 2100
Electric utility on property: Yes

Estimated market value

$606,000

$576,000 - $636,000

$2,513/mo

Price history

Date	Event	Price
7/2/2026	Price change	$599,000-4.2%$288/sqft
Source: GSMLS #4035292 Report a problem
6/18/2026	Listed for sale	$625,000$301/sqft
Source: GSMLS #4035292 Report a problem
6/11/2026	Listing removed	$625,000$301/sqft
Source: GSMLS #4030434 Report a problem
5/27/2026	Listed for sale	$625,000+21.4%$301/sqft
Source: GSMLS #4030434 Report a problem
7/1/2022	Sold	$515,000+29.1%$248/sqft
Source: Public Record Report a problem
4/5/2022	Listed for sale	$399,000+22.8%$192/sqft
Source: GSMLS #3773425 Report a problem
7/9/2018	Listing removed	$325,000$156/sqft
Source: CULTURE ESTATE #3399556 Report a problem
7/15/2017	Pending sale	$325,000$156/sqft
Source: CULTURE ESTATE #3399556 Report a problem
6/26/2017	Listed for sale	$325,000$156/sqft
Source: CULTURE ESTATE #3399556 Report a problem
6/28/2016	Listing removed	$325,000$156/sqft
Source: THE SYNERGY REAL ESTATE GROUP #3211577 Report a problem
7/16/2015	Listed for sale	$325,000-1.5%$156/sqft
Source: TERRA REALTORS #3211577 Report a problem
4/4/2011	Sold	$330,000+1366.7%$159/sqft
Source: Public Record Report a problem
8/26/2010	Sold	$22,500-62.5%$11/sqft
Source: Agent Provided Report a problem
3/23/2010	Sold	$60,000-75%$29/sqft
Source: Public Record Report a problem
3/21/2007	Sold	$240,000$115/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,200	$374,200 +1707.7%
2023	--	$20,700
2022	$6,330 +104%	$20,700
2021	$3,103 -48%	$20,700
2020	$5,967 +1%	$20,700
2019	$5,908 +33.2%	$20,700
2018	$4,434 -22.8%	$20,700
2017	$5,744 +6.3%	$20,700
2016	$5,402 +3.1%	$20,700
2015	$5,240 +5.9%	$20,700
2014	$4,947 +5.6%	$20,700
2013	$4,686 -0.6%	$20,700
2012	$4,715 +7.6%	$20,700
2011	$4,383 +5%	$20,700
2010	$4,173 +7.1%	$20,700
2009	$3,896	$20,700
2008	--	$20,700
2007	$3,694	$20,700
2006	--	$20,700
2005	--	$20,700
2004	--	$20,700
2003	--	$20,700
2002	--	$20,700
2001	--	$20,700