Active

$650,000

514 Marshall St, Elizabeth City, NJ 07206

8beds

2,750sqft

$4,283/mo

Get pre-qualified

Multi Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$236/sqft

$-- HOA

What's special

Ample off-street parking

Great Investment Opportunity. Cash-producing large two-family property offering exceptional income potential. Each unit features 3 spacious bedrooms and 1 full bathroom, providing desirable layouts for tenants and strong rental demand. The property includes a full basement with additional living or storage space, plus a 3rd-floor bonus apartment, creating added value and potential upside for future income. Ample off-street parking. Conveniently located near major highways, public transportation, shopping, and local amenities. A solid, income-generating asset with room to grow don't miss this opportunity.

9 days
157
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Bedrooms, Kitchen
Basement: Yes,Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 2,750
Total interior livable area: 2,750 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2

Lot

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

Details

Parcel number: 2904006580000000270000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1890

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: $236/sqft
Tax assessed value: $470,600
Annual tax amount: $9,492
Date on market: 10/7/2026
Total actual rent: 4510
Tenant pays: Electricity, Gas, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/7/2026	Listed for sale	$650,000$236/sqft
Source: GSMLS #4057338 Report a problem
4/23/2026	Listing removed	$650,000$236/sqft
Source: MoreMLS #22600315 Report a problem
3/16/2026	Listed for sale	$650,000$236/sqft
Source: MoreMLS #22600315 Report a problem
3/13/2026	Pending sale	$650,000$236/sqft
Source: MoreMLS #22600315 Report a problem
1/5/2026	Listed for sale	$650,000+78.1%$236/sqft
Source: MoreMLS #22600315 Report a problem
5/26/2022	Sold	$365,000+5.8%$133/sqft
Source: Public Record Report a problem
11/30/2005	Sold	$345,000+23.2%$125/sqft
Source: Public Record Report a problem
8/5/2005	Sold	$280,000$102/sqft
Source: Public Record Report a problem
10/17/2003	Sold	$280,000+73.9%$102/sqft
Source: Public Record Report a problem
7/23/2001	Sold	$161,000+23.8%$59/sqft
Source: Public Record Report a problem
6/21/1999	Sold	$130,000$47/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$9,054	$470,600 +1586.7%
2023	--	$27,900
2022	$8,532 +104%	$27,900
2021	$4,183 -48%	$27,900
2020	$8,042 +1%	$27,900
2019	$7,964 +33.2%	$27,900
2018	$5,977 -22.8%	$27,900
2017	$7,741 +6.3%	$27,900
2016	$7,282 +3.1%	$27,900
2015	$7,063 +5.9%	$27,900
2014	$6,668 +5.6%	$27,900
2013	$6,317 -0.6%	$27,900
2012	$6,355 +7.6%	$27,900
2011	$5,907 +5%	$27,900
2010	$5,624 +7.1%	$27,900
2009	$5,251	$27,900
2008	--	$27,900
2007	$4,978	$27,900
2006	--	$27,900
2005	--	$27,900
2004	--	$27,900 +12.5%
2001	--	$24,800