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$649,000
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Property Description
Prime 2-Family Home in the Heart of Elizabeth, NJ. Discover this spacious three-story, two-family residence perfectly located in the vibrant heart of Elizabeth. Offering versatility and exceptional living space, this home is ideal for both for owner-occupants and/or investors. The property needs TLC/repairs but overall can be a powerhouse income generator with the right owner. First Floor Unit: Features a comfortable living room, kitchen, three bedrooms, and a full bath. Second Floor Unit: Boasts three bedrooms, a kitchen, living room, large den, small office, and a full bath?providing ample space for today?s lifestyle needs. Finished Attic: Includes a generous main room, two additional rooms, and a full bath, offering endless possibilities for extended living or guest quarters.Finished Basement: Expand the homes functionality with extra square footage and a convenient half bath.
Full Property Details
Full Property Details for 16 Erie St
General
- Price: $649,000
- Taxes: $8,734 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3991512
- Updated: 10/8/2025
- Added to Site: 101 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: High Ceilings
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Open Porch(es)
Parking
- Garage Description: None
Location
- County: Union
- Driving Directions: Elizabeth Avenue to ERIE
Heating & Cooling
- Cooling Type: 4+ Units
- Heating Type: 4+ Units, No Heat
- Heating Fuel: See Remarks, Solar-Leased
- Water Heater: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles, Rubberized
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Den, Eat-In Kitchen, Family Room, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Rec Room, See Remarks, Storage
- Levels/Stories: 3
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100 per ta x records
- Driveway/Sidewalk: On-Street Parking
- Zoning: residential
Financial Considerations
- Assessment Amount: $325,700
- Land Assmt: $128,300
- Tax Amount: $8,734
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 740
- Lot Number: 5
Listed by Crater Realty Llc
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Schools
Schools serving 16 Erie St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No. 28 Duarte-Marti School 25 1st Street, Elizabeth, NJ 07206 | PK-8 | 0.4 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.3 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 16 Erie St
Date
Details
Price
Change
Source
10/08/2025
Listed
$649,000
293.33%
MLS
1/29/2010
Sold
$165,000
—
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 16 Erie St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,735
-32%
$454,000
984%
2022
$12,813
2%
$41,900
—
2021
$12,548
5%
$41,900
—
2018
$11,960
3%
$41,900
—
2017
$11,626
-4%
$41,900
—
2019
$12,077
4%
$41,900
—
2016
$11,627
6%
$41,900
—
2015
$10,935
9%
$41,900
—
2013
$10,013
—
$41,900
—
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 16 Erie St
16 Erie St, Elizabeth, NJ 07206 (MLS# 3991512) is a Multi-Family property with 2 units containing 6 bedrooms, 3 full bathrooms and 1 partial bathroom. 16 Erie St is currently listed for $649,000 and was received on October 08, 2025. Want to learn more about 16 Erie 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.

