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$999,999
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Property Description
Excellent investment opportunity in Elizabeth! Welcome to 1112 Virginia Street, a well-positioned multi-family property offering strong income potential in a convenient location. This property is ideal for investors looking to add a solid income-producing asset to their portfolio. Featuring multiple residential units with functional layouts, spacious living areas, and excellent rental potential, the property provides an attractive opportunity in one of Union County's active rental markets.Conveniently located near major highways, public transportation, shopping, restaurants, schools, and everyday necessities, with easy access to Newark, Newark Liberty International Airport, and New York City. The location makes commuting and daily travel convenient for tenants while helping support long-term rental demand.Whether you're expanding an existing portfolio or looking for your next multi-family investment, 1112 Virginia Street offers a combination of location, income potential, and future upside that is difficult to overlook. Don't miss this opportunity to own an investment property in Elizabeth!
Full Property Details
Full Property Details for 1112 Virginia St
General
- Price: $999,999
- Taxes: $14,445 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4053787
- Updated: 9/19/2026
- Added to Site: 21 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Additional 1/2 Car Garage, Detached Garage
Location
- County: Union
- Driving Directions: USE GPS
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Square Feet: 3,000
- Year Built: 1915
- Remodeled/Updated: 2021
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room
- Square Feet: 1
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room
- Square Feet: 2
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room
- Square Feet: 3
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 33.33 x 100
- Driveway/Sidewalk: 1 Car Width, Concrete Strip
Financial Considerations
- Expenses: Cold Water, Insurance, Maintenance, Taxes
- Operating Expenses: $18,200
- Assessment Amount: $526,700
- Land Assmt: $189,500
- Tax Amount: $14,445
- Tax Year: 2025
Disclosures and Reports
- Block: 205
- Lot Number: 20.01
Listed by Elite Realtors Of New Jersey
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Schools
Schools serving 1112 Virginia St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 16, Madison-Monroe Elementary School 1091 North Avenue, Elizabeth, NJ 07201 | PK-8 | 0.4 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.7 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.7 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.7 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.9 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 2 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1112 Virginia St
Date
Details
Price
Change
Source
9/18/2026
Listed
$999,999
16.28%
MLS
12/29/2022
Sold
$860,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1112 Virginia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,446
25%
$716,200
1795%
2022
$11,559
2%
$37,800
—
2021
$11,320
5%
$37,800
—
2018
$10,789
-1%
$37,800
—
2019
$10,895
4%
$37,800
—
2017
$10,488
—
$37,800
—
2016
$10,489
-5%
$37,800
-11%
2015
$11,066
9%
$42,400
—
2013
$10,133
—
$42,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1112 Virginia St
1112 Virginia St, Elizabeth, NJ 07201 (MLS# 4053787) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 1112 Virginia St is currently listed for $999,999 and was received on September 18, 2026. Want to learn more about 1112 Virginia St? Do you have questions about finding other Multi-Family real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

