Under contract

$700,000

432 Pennington St, Elizabeth City, NJ 07202

5beds

--sqft

$4,662/mo

Get pre-qualified

Multi Family

Built in 1954

-- sqft lot

$731,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Welcome to this exceptional multi family home is a very desired location! Great opportunity for an investor or owner occupant! First floor apartment features LivRm, DinRm, EIK, 2 beds and full bath. Second floor apartment features LivRm, DinRm, EIK, 2 beds, full bath and 2 bonus rooms on the 3rd floor perfect for home office or den. Both apartments have access to the basement storage and garage. All separate utilities (except water). Very convenient to downtown Elmora, transportation and schools.

20 days
1,049
100

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

2 Units, Radiators - Hot Water, Natural Gas

Appliances

Included: Dishwasher, Range/Oven - Gas, Water Heater From Furnace

Features

Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Attic, Eat-In Kitchen
Basement: Yes,Full,Unfinished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 2
Parking features: Shared Driveway, Off Street, Detached Garage
Garage spaces: 1
Uncovered spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 5,600 Square Feet
Dimensions: 28 x 200 IRR
Features: Irregular Lot

Details

Parcel number: 2904003680000000280000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1954

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Garbage Included

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector

Location

Region: Elizabeth

Financial & listing details

Tax assessed value: $561,700
Annual tax amount: $11,329
Date on market: 10/2/2026
Exclusions: 1st floor Regrigerator
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$731,600

$695,000 - $768,000

$2,707/mo

Price history

Date	Event	Price
10/9/2026	Pending sale	$700,000
Source: GSMLS #4055980 Report a problem
10/2/2026	Listed for sale	$700,000+218.2%
Source: GSMLS #4055980 Report a problem
12/27/1989	Sold	$220,000
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,807	$561,700
2024	$10,807	$561,700 +1266.7%
2023	--	$41,100
2022	$12,568 +104%	$41,100
2021	$6,162 -48%	$41,100
2020	$11,847 +2.5%	$41,100
2019	$11,558 +33.9%	$41,100
2018	$8,632 -24.3%	$41,100
2017	$11,404 +6.3%	$41,100
2016	$10,727 +3.1%	$41,100
2015	$10,405 +5.9%	$41,100
2014	$9,822 +5.6%	$41,100
2013	$9,305 -0.6%	$41,100
2012	$9,362 +7.6%	$41,100
2011	$8,702 +5%	$41,100
2010	$8,285 +7.1%	$41,100
2009	$7,736	$41,100
2008	--	$41,100
2007	$7,334	$41,100
2006	--	$41,100
2005	--	$41,100
2004	--	$41,100
2003	--	$41,100
2002	--	$41,100
2001	--	$41,100