Under contract

$729,900

716 - 718 Monroe Ave, Elizabeth City, NJ 07201

6beds

19,998sqft

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Multi Family

Built in 1960

-- sqft lot

$784,600 Zestimate^®

$36/sqft

$-- HOA

What's special

Excellent investment or owner-occupant opportunity in the desirable North Elizabeth section, conveniently located near the North Elizabeth Station with easy access to the New Jersey Turnpike, U.S. Routes 1 & 9, and Newark Liberty International Airport. The North Elizabeth area is known for its convenient transportation access and proximity to major highways and employment centers. This spacious, recently updated two-family dwelling features large units with modern improvements throughout. Conveniently located near restaurants, shopping, schools, public transportation, and everyday amenities. Close to NJ Transit train service, easy access to NYC, Newark, Routes 1 & 9, and the New Jersey TurnpikeMinutes from Newark Liberty International Airport, near shopping, dining, and local conveniences. Don't miss this opportunity to own a well-maintained multi-family property in a prime commuter location!

32 days

334

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

2 Units, Forced Air, Natural Gas

Cooling

3 Units, Central Air

Appliances

Included: Range/Oven - Gas

Features

Bedrooms, Eat-in Kitchen, Living Room, Storage, Eat-In Kitchen
Flooring: Vinyl-Linoleum Floors
Basement: Yes,Partially Finished,French Drain,Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 19,998
Total interior livable area: 19,998 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2

Lot

Size: 4,356 Square Feet
Dimensions: 30 x 150
Features: Level

Details

Parcel number: 2904002240000000210000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1960
Major remodel year: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Subdivision: North Avenue

Location

Region: Elizabeth

Financial & listing details

Price per square foot: $36/sqft
Tax assessed value: $446,700
Annual tax amount: $9,009
Date on market: 6/10/2026
Total actual rent: 19998
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$784,600

$659,000 - $910,000

$2,384/mo

Price history

Date	Event	Price
7/8/2026	Pending sale	$729,900$36/sqft
Source: GSMLS #4033621 Report a problem
6/10/2026	Listed for sale	$729,900$36/sqft
Source: GSMLS #4033621 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,595	$446,700 +1217.7%
2023	--	$33,900
2022	$10,366 +104%	$33,900
2021	$5,082 -48%	$33,900
2020	$9,771 +1%	$33,900
2019	$9,676 +33.2%	$33,900
2018	$7,262 -22.8%	$33,900
2017	$9,406 +6.3%	$33,900
2016	$8,848 +3.1%	$33,900
2015	$8,582 +5.9%	$33,900
2014	$8,101 +4.9%	$33,900
2012	$7,722 +7.6%	$33,900
2011	$7,177 +5%	$33,900
2010	$6,834 +7.1%	$33,900
2009	$6,381	$33,900

Find assessor info on the county website

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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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