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ELIZABETH NJ | DUPLEX FOR SALE

$499,000 • 2 Beds / 5 Baths • 2,076 SqFt

Available

Offer Submission Deadline

House Type 2-4 Unit
Bedrooms 2
Bathrooms 5
Year Built 1909
Approx.SqFt. 2076
Lot size SqFt. 1616
Garage No Garage

Description

🔥 Wholesale Duplex Opportunity – Elizabethport, NJ

📍 322 E Jersey St, Elizabethport, Elizabeth, NJ 07206

🏘️ Duplex: 3 bed / 1 bath and 2 bed 1 bath

🚨 One unit occupied by a non-paying tenant

🔧 Light to moderate updates needed throughout

🏠 Property Details

Legal multifamily building in Elizabethport (ZIP 07206),
~2,076 sq ft total living area
Separate utilities likely per unit

📊 Comp & Rental Market Insights

Nearby 3-bedroom units rent for approximately $2,500–$2,700/month each Redfin
Comparable multifamily nearby average home values range between $600K–$750K+, depending on size and update
411-413 Marshall St, Elizabeth, NJ 07206 Sold 6/19/2025 $730,000
217 Fulton St, Elizabeth NJ 07206 Sold 7/1/2025 $725,000

Estimated Spread

ARV $700,000
Price $499,000
Spread $201,000

Kory Adams

Phone (267) 273-9958

Email info@rebuildrei.com

Make an Offer Buy now for $499,000

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