Great Investment Opportunity in Elizabeth!! Large Two-Family property with full basement. All utilities are split. Both Units are large 2BR/1BA apartments. Located by all major highways. Can accommodated a quick closing. One unit is vacant, great opportunity to live in one unit and rent out other; or place another tenant for strong cash flow.
Active
Price cut: $9K (8/5)
$510,000
322 S 7Th St, Elizabeth City, NJ 07202
4beds
2,200sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$232/sqft
$-- HOA
What's special
- 57 days |
- 315 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Michael Sclafani 732-972-1000,
Re/Max Central
Source: GSMLS,MLS#: 4036482
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard - Electric, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
Features
- Bedrooms, Eat-in Kitchen, Family Room, Eat-In Kitchen
- Basement: Yes,Bilco-Style Door,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Parking features: On Street, On-Street Parking
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 2904006040000000050000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Flat
Condition
- Year built: 1910
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $438,200
- Annual tax amount: $8,838
- Date on market: 6/24/2026
- Total actual rent: 1875
- Tenant pays: Electricity, Gas, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $510,000-1.7%$232/sqft |
Source:  GSMLS #4036482 Report a problem | ||
| 6/24/2026 | Listed for sale | $519,000$236/sqft |
Source: GSMLS #4036482 Report a problem | ||
| 6/14/2026 | Listing removed | $519,000$236/sqft |
Source: GSMLS #4003658 Report a problem | ||
| 6/2/2026 | Price change | $519,000-1.1%$236/sqft |
Source: GSMLS #4003658 Report a problem | ||
| 5/22/2026 | Listed for sale | $525,000$239/sqft |
Source:  MoreMLS #22600276 Report a problem | ||
| 2/9/2026 | Pending sale | $525,000$239/sqft |
Source: MoreMLS #22600276 Report a problem | ||
| 1/5/2026 | Listed for sale | $525,000-0.8%$239/sqft |
Source: MoreMLS #22600276 Report a problem | ||
| 7/1/2025 | Listing removed | $529,000$240/sqft |
Source: GSMLS #3954072 Report a problem | ||
| 4/1/2025 | Listed for sale | $529,000-3.6%$240/sqft |
Source: MoreMLS #22509163 Report a problem | ||
| 4/1/2025 | Listing removed | $549,000$250/sqft |
Source: GSMLS #3939523 Report a problem | ||
| 3/5/2025 | Price change | $549,000-2%$250/sqft |
Source: MoreMLS #22500084 Report a problem | ||
| 1/29/2025 | Price change | $560,000-4.3%$255/sqft |
Source: MoreMLS #22500084 Report a problem | ||
| 1/2/2025 | Listed for sale | $585,000-2.3%$266/sqft |
Source: MoreMLS #22500084 Report a problem | ||
| 11/19/2024 | Listing removed | $599,000$272/sqft |
Source: MoreMLS #22428469 Report a problem | ||
| 10/1/2024 | Listed for sale | $599,000+199.5%$272/sqft |
Source: MoreMLS #22428469 Report a problem | ||
| 4/11/2019 | Sold | $200,000$91/sqft |
Source: Public Record Report a problem | ||
| 11/26/2007 | Sold | $200,000-33.3%$91/sqft |
Source: Public Record Report a problem | ||
| 2/22/2005 | Sold | $299,900+206.3%$136/sqft |
Source: Public Record Report a problem | ||
| 7/2/1997 | Sold | $97,900$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,431 | $438,200 +1487.7% |
| 2023 | -- | $27,600 |
| 2022 | $8,440 +104% | $27,600 |
| 2021 | $4,138 -48% | $27,600 |
| 2020 | $7,955 +1% | $27,600 |
| 2019 | $7,878 +33.2% | $27,600 |
| 2018 | $5,913 -22.8% | $27,600 |
| 2017 | $7,658 +6.3% | $27,600 |
| 2016 | $7,203 +3.1% | $27,600 |
| 2015 | $6,987 +5.9% | $27,600 |
| 2014 | $6,596 +4.9% | $27,600 |
| 2012 | $6,287 +7.6% | $27,600 |
| 2011 | $5,843 +5% | $27,600 |
| 2010 | $5,564 +7.1% | $27,600 |
| 2009 | $5,195 | $27,600 |
| 2008 | -- | $27,600 |
| 2007 | $4,925 | $27,600 |
| 2006 | -- | $27,600 |
| 2002 | -- | $27,600 |
| 2001 | -- | $27,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Peterstown
Nearby schools
GreatSchools rating
- 5/10Number 15, Christopher Columbus Elementary SchoolGrades: K-8Distance: 0.3 mi
- 1/10Adm W F Halsey Leadership AcademyGrades: 9-12Distance: 0.3 mi
- 2/10John E Dwyer Tech AcademyGrades: 9-12Distance: 0.4 mi
- $---- bd-- ba-- sqft324 S 7th St, Elizabeth, NJ 07202Off Market
- $--3 bd1 ba-- sqft322 S 7th St FLOOR 1, Elizabeth, NJ 07202Off Market
- $575,100-- bd-- ba1.8k sqft323 S 7th St, Elizabeth, NJ 07202Off Market
- $621,1005 bd2 ba2.1k sqft320 S 7th St, Elizabeth, NJ 07202Off Market
- $578,4002 bd1 ba1.8k sqft325 S 7th St, Elizabeth, NJ 07202Off Market
- $738,4005 bd2 ba1.9k sqft324-326 S 7th St, Elizabeth, NJ 07202Off Market
- $--3 bd1 ba-- sqft318 S 7th St #1, Elizabeth, NJ 07202Off Market
- $612,000-- bd-- ba1.5k sqft319-21 S 7th St, Elizabeth, NJ 07202Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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