The perfect rooming house does exist and this exceptional investment property is proof. Offering strong, consistent cash flow and an impressive level of maintenance and upgrades, this property is a true turnkey opportunity for investors looking to add a high-performing asset to their portfolio. Meticulously maintained and thoughtfully improved by the current owner, the property features 8 rooming units, 6 bathrooms, a large finished basement, parking, central A/C, forced hot-air heating, and much more. Every detail has been cared for, creating a property that not only performs financially but also stands out in quality and presentation. The owner occupies first floor principal unit counts with 2 bedrooms, which has been beautifully upgraded with a modern kitchen, renovated bathroom, and tasteful finishes throughout, offering comfortable and stylish living space while adding even more value to the property.Location is another major advantage. Situated conveniently near major highways, Newark Airport, shopping centers, and public transportation, the property offers easy access to everything helping support strong rental demand and year-round occupancy. Whether you're an experienced investor looking to expand your portfolio or searching for a proven income-producing property, this is an opportunity that deserves your attention. Don't miss your opportunity to own this exceptional income producing asset. Schedule showing today this could be your next great investment.
Under contract
$899,999
334 1st Avenue, Elizabeth, NJ 07206
10beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Tasteful finishes throughoutLarge finished basementForced hot-air heatingRenovated bathroom
- 62 days
- 59
- 2
Zillow last checked:
Listing updated:
Listed by:
Liliam Nunez-Paz 201-606-3302,
Keller Williams City Views Realty,
Oscar Nunez-Paz 201-519-4739,
Keller Williams City Views Realty
Source: NJMLS,MLS#: 26032073
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Appliances
- Laundry: In Basement
Property
Parking
- Total spaces: 3
Details
- Parcel number: 040073400000000302
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: See Remarks
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Tax assessed value: $551,600
- Annual tax amount: $10,612
- Date on market: 8/24/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Pending sale | $899,999 |
Source: | ||
| 8/25/2026 | Listed for sale | $899,999-7.7% |
Source: | ||
| 8/20/2026 | Listing removed | $975,000 |
Source: | ||
| 5/21/2026 | Listed for sale | $975,000+169.3% |
Source: | ||
| 12/11/2019 | Sold | $362,000+31.6% |
Source: Public Record Report a problem | ||
| 8/25/2014 | Sold | $275,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,613 | $551,600 |
| 2024 | $10,613 | $551,600 +1001% |
| 2023 | -- | $50,100 |
| 2022 | $15,320 +104% | $50,100 |
| 2021 | $7,511 -48% | $50,100 |
| 2020 | $14,441 +1% | $50,100 |
| 2019 | $14,300 +33.2% | $50,100 |
| 2018 | $10,733 -22.8% | $50,100 |
| 2017 | $13,901 +6.3% | $50,100 |
| 2016 | $13,076 +3.1% | $50,100 |
| 2015 | $12,683 | $50,100 |
Find assessor info on the county website
Monthly payment
Est. payment








