Beautiful two story income producing multi-family home. Two separate entrances. The larger unit (unit 1) is tenant occupied & has 3 bedrooms, 1.5 bathrooms plus a half bathroom located in the partially finished basement. Unit 1 has some updates throughout the home & it has a spacious dining room. Ample storage space throughout the home. Beautiful Sun Porch in unit 1 & 2. Spacious backyard with a deck. Backyard and driveway could accommodate a total of 4 cars. Property is located near several major highways, US 1, NJ-Turnpike, I-78, Garden State Pkwy, Verrazano Bridge.
Sold for $762,000
$762,000
504-506 New York Ave, Elizabeth, NJ 07202
5beds
1,784sqft
MultiFamily
Built in 1900
-- sqft lot
$802,400 Zestimate®
$427/sqft
$1,865 Estimated rent
Home value
$802,400
$730,000 - $875,000
$1,865/mo
Zestimate® history
Owner options
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$1,865/mo
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$5,394/mo
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$5,394/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,784 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: Vinyl, Brick
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 0400431000000002
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $506,800
- Annual tax amount: $9,751
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Sold | $762,000+158.3%$427/sqft |
Source: Public Record Report a problem | ||
| 5/19/2017 | Sold | $295,000$165/sqft |
Source:  GSMLS #3362481 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,751 | $506,800 |
| 2024 | $9,751 | $506,800 +1331.6% |
| 2023 | -- | $35,400 |
| 2022 | $10,825 +104% | $35,400 |
| 2021 | $5,307 -48% | $35,400 |
| 2020 | $10,204 +1% | $35,400 |
| 2019 | $10,104 +33.2% | $35,400 |
| 2018 | $7,584 -22.8% | $35,400 |
| 2017 | $9,822 +6.3% | $35,400 |
| 2016 | $9,239 +3.1% | $35,400 |
| 2015 | $8,962 +5.9% | $35,400 |
| 2014 | $8,460 +5.6% | $35,400 |
| 2013 | $8,015 -0.6% | $35,400 |
| 2012 | $8,063 +7.6% | $35,400 |
| 2011 | $7,495 +5% | $35,400 |
| 2010 | $7,136 +7.1% | $35,400 |
| 2009 | $6,663 | $35,400 |
| 2008 | -- | $35,400 |
| 2007 | $6,317 | $35,400 |
| 2006 | -- | $35,400 |
| 2005 | -- | $35,400 |
Find assessor info on the county website
Neighborhood: Quality Hill
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Nearby schools
GreatSchools rating
- 5/10Number 19, Woodrow Wilson Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10T A Edison Career Tech AcademyGrades: 9-12Distance: 0.6 mi
- 1/10Adm W F Halsey Leadership AcademyGrades: 9-12Distance: 0.7 mi
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Estimated market value
$802,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$802,400
- New Jersey
- Union County
- Elizabeth
- 07202
- Quality Hill
- 504-506 New York Ave
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