Date
Details
Price
Change
Source
6/17/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/6
$1,500,000
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Property Description
Excellent investment opportunity in the heart of Elizabeth! This well-maintained 9-unit multifamily property sits on an oversized 75' x 100' lot and offers ample on-site parking, a rare feature for the area.The building features separate utilities for each unit, including individual boilers, providing efficient management and reduced owner expenses. Ideal for investors seeking strong cash flow and long-term appreciation potential.Conveniently located near major highways, public transportation, shopping, schools, Newark Liberty International Airport, and downtown Elizabeth. Large lot size may offer future development or expansion potential; buyers should conduct their own due diligence.Don't miss this opportunity to acquire a sizable income-producing asset in one of Union County's most active rental market
Full Property Details
Full Property Details for 136 Park Pl
General
- Price: $1,500,000
- Taxes: $16,095 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4035246
- Updated: 7/11/2026
- Added to Site: 63 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Terms: Month-To-Month
Rooms
Bathrooms
- Total Bathrooms: 9
- Restrooms: 9
Additional Information
- Equipment: Smoke Detector
Parking
- Garage Spaces: 8
- Parking: Additional Parking, Parking Lot-Exclusive
Location
- County: Union
- Driving Directions: Take turnpike to **Exit 13A** toward **Newark Airport / Elizabeth / Route 1 & 9 South**.Continue to **138 Park Place, Elizabeth
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 4+ Units
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Formed Concrete, Wood
- Exterior Const.: Concrete
- Roof: Built-Up
- Stories in Building: 3
- Square Feet: 3,750
- Aprox. Leasable: 3,750 Sq. Ft.
- Office: 3,750 Sq. Ft.
- Year Built: 1920
Unit Information
- 1 Bedroom Units: 5
- 2 Bedroom Units: 3
- 3 Bedroom Units: 1
- Units w/Full Bath: 9
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: 75X100
- Zoning: r-3a
Financial Considerations
- Price Per Sq. Ft.: $200
- Expenses: Maintenance - Exterior, Taxes, Water/Sewer
- Assessment Amount: $798,000
- Land Assmt: $350,000
- Tax Amount: $16,095
- Tax Year: 2025
- Owner Pays: Maintenance-Common Area, Repairs, Snow Removal
- Tenant Pays: Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- Disclosures: Yes
- APN: 2904-00802-0000-00006-0000-
- Block: 802
- Lot Number: 6
Listed by United Real Estate
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Listing agent
— 136 Park Pl —
United Real Estate
646-342-1773
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 136 Park Pl
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 1, George Washington Elementary School 250 Broadway, Elizabeth, NJ 07206 | PK-8 | 0 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.4 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 2 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 136 Park Pl
Tax History
Tax History for 136 Park Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,096
32%
$798,000
1895%
2022
$12,232
2%
$40,000
—
2021
$11,956
4%
$40,000
—
2019
$11,530
1%
$40,000
—
2018
$11,417
3%
$40,000
—
2017
$11,099
—
$40,000
—
2016
$11,100
6%
$40,000
—
2015
$10,440
9%
$40,000
—
2013
$9,559
—
$40,000
—
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 136 Park Pl
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136 Park Pl, Elizabeth, NJ 07206 (MLS# 4035246) is a Apartment property. 136 Park Pl is currently listed for $1,500,000 and was received on June 17, 2026. Want to learn more about 136 Park Pl? Do you have questions about finding other Apartment real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.