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For sale
    • $1,300,000

    700 Park Ave #702, Elizabeth, NJ 07208

    6beds
    5baths
    5,328sqft
    : 
    $8,300/mo
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $1,280,800 Zestimate®
    $244/sqft
    $-- HOA

    What's special

    Large kitchenDetached garageFlooded with natural lightBeautiful front yard
    Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!
    31 days
    |
    295
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LARA JABER,

    KELLER WILLIAMS WEST MONMOUTH 732-536-9010,

    MICHAEL LAMIE,

    KELLER WILLIAMS WEST MONMOUTH

    Source: All Jersey MLS,MLS#: 2618226RMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Radiant, Forced Air
      Cooling
      • A/C Central - Some, A/C Window Unit(s), Unit 1(A/C Central)
      Appliances
      • Included: Water Heater(See Remarks, Gas), Unit 1(Range/Oven)
      Features
      • Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room, See Remarks)
      • Basement: Full, Other Room(s), Utility Room
      Interior area
      • Total structure area: 5,328
      • Total interior livable area: 5,328 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Detached, See Remarks, 3-4 Car Parking
      • Garage spaces: 1
      Features
      • Stories: 3
      • Patio & porch: Enclosed, Deck
      • Exterior features: Porch(es) - Enclosed, Curbs, Deck, Sidewalk
      Lot
      • Size: 9,171 Square Feet
      • Dimensions: 150.00 x 61.14
      • Features: Corner Lot, See Remarks, Irregular Lot
      Details
      • Parcel number: 0400084000000005

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: See Remarks
      Condition
      • Year built: 1920

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Features: Curbs, Sidewalks
      Location
      • Region: Elizabeth

      Financial & listing details

      • Price per square foot: $244/sqft
      • Tax assessed value: $983,600
      • Annual tax amount: $19,839
      • Date on market: 6/26/2026
      • Ownership: Fee Simple

        Estimated market value

        $1,280,800

        $1.22M - $1.34M

        $3,015/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$1,300,000+364.3%$244/sqft
        Source: MoreMLS #22619362 Report a problem
        8/15/2020Listing removed$2,100
        Source: ELITE INTRIAGO REALTY LLC #3617316 Report a problem
        4/18/2020Price change$2,100-4.5%
        Source: ELITE INTRIAGO REALTY LLC #3617316 Report a problem
        4/9/2020Price change$2,200-12.8%
        Source: ELITE INTRIAGO REALTY LLC #3617316 Report a problem
        2/19/2020Listed for rent$2,524
        Source: ELITE INTRIAGO REALTY LLC #3617316 Report a problem
        2/28/2018Sold$280,000+33.3%$53/sqft
        Source: Public Record Report a problem
        1/31/2012Sold$210,000-53.1%$39/sqft
        Source: Public Record Report a problem
        12/10/2004Sold$448,000-31.1%$84/sqft
        Source: Public Record Report a problem
        8/30/1995Sold$650,000$122/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,924 $983,600
        2024$18,924 $983,600 +1536.6%
        2023-- $60,100
        2022$18,378 +104%$60,100
        2021$9,010 -48%$60,100
        2020$17,323 +1%$60,100
        2019$17,154 +33.2%$60,100
        2018$12,875 -22.8%$60,100
        2017$16,676 +25.3%$60,100 +17.8%
        2016$13,310 -10.4%$51,000
        2015$14,860 +5.9%$51,000 -13.1%
        2014$14,028 +4.9%$58,700
        2012$13,371 +7.6%$58,700
        2011$12,428 +5%$58,700
        2010$11,833 +7.1%$58,700
        2009$11,049 $58,700
        2008-- $58,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Elmora

        Getting around

        78 / 100
        Very Walkable
        42 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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