*Excellent Investment Opportunity* in this 2 Family home in Elizabeth. Live in 1 Unit and rent out the other, or rent out both for easy extra income and maximum gain. The 1st Unit offers a light & bright Living Rm with open floor plan to the formal Dining Rm, a Kitchen with a plethora of cabinetry, 2 generous Bedrooms, & 1.5 Baths. The 2nd Unit holds a large Living Rm with open floor plan through to the formal Dining Rm and Eat in Kitchen. Kitchen offers granite counters and a delightful breakfast bar. 3 generous Bedrooms inc. the primary with vaulted ceiling and its own private full bath with tub shower. Another 1.5 Bath will finish up this 2nd Unit. Both Units have hardwood and ceramic tile flooring throughout, convenient laundry hook up, semi private entrances, and separate utilities. Central Air and Forced Air Heat. 2 Car Attached Garage provides ample parking space. In a prime location, just steps to parks, shopping, dining, schools and more! Great commuter location, close to Bus Line and Trains! Don't miss out! Opportunity is knocking!
Sold for $725,000
$725,000
566-568 Pennsylvania Ave, Elizabeth, NJ 07201
5beds
4baths
2,176sqft
Multi Family
Built in 2002
-- sqft lot
$-- Zestimate®
$333/sqft
$2,993 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,993/mo
Zestimate® history
Owner options
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$5,134/mo
Est. payment
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Est. payment
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List your homeWhat's special
Vaulted ceilingCentral airForced air heatSemi private entrancesDelightful breakfast barGenerous bedroomsPlethora of cabinetry
Zillow last checked:
Listing updated:
Listed by:
ROBERT DEKANSKI,
RE/MAX 1st ADVANTAGE 732-827-5344,
JOHN GALAMB,
RE/MAX 1st ADVANTAGE
Source: All Jersey MLS,MLS#: 2513016R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Cooling
- A/C Central - All, Ceiling Fan(s)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
Features
- Unit 1(Dining Room, 2 Bedrooms, Kitchen, Laundry Hookup, Living Room, 1 1/2 Baths), Unit 2(Dining Room, 3 Bedrooms, Kitchen, Laundry Hookup, Living Room, 2+ Baths)
Interior area
- Total structure area: 2,176
- Total interior livable area: 2,176 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Attached, 4(+)Car Parking
- Attached garage spaces: 2
Features
- Stories: 3
- Exterior features: Curbs, Sidewalk, Semi-Private Entry
Lot
- Size: 2,552 Square Feet
- Features: Near Shopping, Near Train, Level, Near Public Transit
Details
- Parcel number: 040019000000002101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 2002
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $43,500
- Annual tax amount: $9,822
- Date on market: 5/7/2025
- Ownership: Fee Simple
- Lease term: Unit 1(Month-Month),Unit 2(Month-Month)
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $725,000+0.8%$333/sqft |
Source:  All Jersey MLS #2513016R Report a problem | ||
| 5/20/2025 | Pending sale | $719,000$330/sqft |
Source:  GSMLS #3961581 Report a problem | ||
| 5/20/2025 | Contingent | $719,000$330/sqft |
Source: All Jersey MLS #2513016R Report a problem | ||
| 5/7/2025 | Listed for sale | $719,000+349.4%$330/sqft |
Source: All Jersey MLS #2513016R Report a problem | ||
| 2/28/2013 | Sold | $160,000$74/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $13,302 +7.1% | -- |
| 2019 | $12,416 +33.2% | $43,500 |
| 2018 | $9,319 -22.8% | $43,500 |
| 2017 | $12,070 +6.3% | $43,500 |
| 2016 | $11,353 -4.4% | $43,500 |
| 2015 | $11,873 +5.9% | $43,500 -7.2% |
| 2014 | $11,208 | $46,900 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 4/10Number 23, N.M. Butler Elementary SchoolGrades: K-8Distance: 0.4 mi
- 6/10A Hamilton Preparatory AcademyGrades: 9-12Distance: 0.7 mi
- 8/10Elizabeth High SchoolGrades: 9-12Distance: 0.8 mi
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- New Jersey
- Union County
- Elizabeth
- 07201
- Downtown
- 566-568 Pennsylvania Ave
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