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$1,750,000 -$140,000 (-7.41%) Price Reduced
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Property Description
Elmora section apartment building for sale total of 14 units, 8 studios, 6-one bedrooms and 8 parking spaces with common driveway.2- full basements for storage 15,000.00 monthly gross income.
Full Property Details
Full Property Details for 225 Murray St
General
- Price: $1,750,000
- Taxes: $31,874 (2024)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4001040
- Updated: 3/12/2026
- Added to Site: 93 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 14
- Restrooms: 14
Additional Information
- Equipment: Smoke Detector
Parking
- Garage Spaces: 8
- Total Spaces: 8
- Parking: 2 Car Width, Blacktop, Driveway-Shared
Location
- County: Union
- Subdivision: Elmora section
- Driving Directions: Elmora av to Murray St
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Door Dimensions: 9
- Loading: None
- Stories in Building: 3
Unit Information
- 1 Bedroom Units: 6
- 2 Bedroom Units: 8
- Units w/Full Bath: 14
Lot Features
- Lot Size (Acres): 0.19
- Lot Size: 50X165
- Permitted Use: APARTMENT BUILDING
- Zoning: R3
- Lot Description: Level Lot
Financial Considerations
- Expenses: Gas/Oil
- Assessment Amount: $1,656,700
- Land Assmt: $700,000
- Tax Amount: $31,874
- Tax Year: 2024
- Pays Utilities: Landlord
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2904-00348-0000-00015-0000-
- Block: 348
- Lot Number: 15
Listed by Exit Realty Lucky Associates
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Schools
Schools serving 225 Murray St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 4 John Battin Elementary School 300 South Broad Street, Elizabeth, NJ 07202 | PK-8 | 0.6 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.7 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 225 Murray St
Date
Details
Price
Change
Source
3/12/2026
Price Reduced
$1,750,000
-7.41%
MLS
12/09/2025
Listed
$1,890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 225 Murray St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,875
19%
$1,656,700
1791%
2022
$26,787
2%
$87,600
—
2021
$26,234
4%
$87,600
—
2019
$25,250
1%
$87,600
—
2018
$25,004
3%
$87,600
—
2017
$24,306
—
$87,600
—
2016
$24,308
6%
$87,600
—
2015
$22,863
9%
$87,600
—
2013
$20,935
—
$87,600
—
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 225 Murray St
225 Murray St, Elizabeth, NJ 07202 (MLS# 4001040) is a Apartment property. 225 Murray St is currently listed for $1,750,000 and was received on December 09, 2025. Want to learn more about 225 Murray St? 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.

