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$899,999

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
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Exceptional 4-family in the heart of Elizabeth! This property features a spacious 3 bed / 1 bath unit, two 2 bed / 1 bath units, and a 1 bed / 1 bath unit, offering strong rental income potential. Bonus finished attic with bath and kitchenette plus a finished basement with full bath and kitchenette add even more flexibility. Perfect opportunity for investors seeking steady cash flow or for an owner-occupant to live in one unit and collect rent from the others. Conveniently located near major transportation, shopping, and schools. Easy commute to NYC, close to Newark Airport, Rt 22, Rt 1&9, Garden State Pkwy & NJ Turnpike. Near shopping, schools & transportation.

Full Property Details for 1408 Lexington Pl

General

  • Price: $899,999
  • Taxes: $11,732 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3986398
  • Updated: 9/17/2025
  • Added to Site: 120 day(s) ago

Interior

  • Number of Rooms: 18

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 8

Location

  • County: Union
  • Driving Directions: Between lower rd and concord pl

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 4+ Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt Shingles
  • Year Built: 1928

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: 31.25 x 100
  • Driveway/Sidewalk: 1 Car Width

Financial Considerations

  • Operating Expenses: $9,999
  • Assessment Amount: $448,300
  • Land Assmt: $161,500
  • Tax Amount: $11,732
  • Tax Year: 2024

Disclosures and Reports

  • Block: 118
  • Lot Number: 16

Listed by Vox Realty

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Listing agent

— 1408 Lexington Pl —

  • Vox Realty

908-851-2121

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1408 Lexington Pl

School District:Elizabeth City School District
NameGradesDistance
Number 18, Robert Morris Elementary School
860 Cross Avenue, Elizabeth, NJ 07208
PK-80.3 mi
Elizabeth High School
40 Morrell Street, Elizabeth, NJ 07202
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1408 Lexington Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2025
Listed
$899,999
57.89%
MLS
11/01/2021
Sold
$570,000
—
Public Record
Get Price Alerts and Save Property
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 for 1408 Lexington Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,733
-24%
$609,800
1115%
2022
$15,351
2%
$50,200
—
2021
$15,034
5%
$50,200
—
2018
$14,329
3%
$50,200
—
2017
$13,929
—
$50,200
—
2016
$13,930
-4%
$50,200
—
2019
$14,470
10%
$50,200
—
2015
$13,102
9%
$50,200
—
2013
$11,997
—
$50,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Vox Realty

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1408 Lexington Pl, Elizabeth, NJ 07208 (MLS# 3986398) is a Multi-Family property with 4 units containing 8 bedrooms and 6 full bathrooms. 1408 Lexington Pl is currently listed for $899,999 and was received on September 17, 2025. Want to learn more about 1408 Lexington Pl? 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.

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