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$849,900
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Property Description
Don't miss this well-maintained and updated 3-family Colonial in the desirable Trinitas Hospital section of Elizabeth! Built in 1966, this income-producing property features 9 total bedrooms, 3 full baths, separate utilities, and a built-in 2-car garage. Each unit offers spacious living areas, making it ideal for both owner-occupants and investors seeking strong rental potential. Conveniently located near schools, shopping, parks, major highways, and public transportation, this is an excellent opportunity to own a solid investment in a prime location with outstanding income potential.
Full Property Details
Full Property Details for 31 Bank St
General
- Price: $849,900
- Taxes: $13,453 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4044616
- Updated: 8/6/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Carbon Monoxide Detector, Smoke Detector, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Curbs, Metal Fence, Patio, Sidewalk
- Color: Brick
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached Garage, Built-In Garage
Location
- County: Union
- Subdivision: Trinitas Hospital
- Driving Directions: Division to Bank
School Information
- Elementary School: Peterstown
- Middle School: Peterstown
- High School: Elizabeth
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street, Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick
- Basement Desc.: Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 3,716
- Year Built: 1966
- Remodeled/Updated: 2
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 37.5 x 100
- Driveway/Sidewalk: 2 Car Width, Concrete, Off-Street Parking
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Operating Expenses: $15,165
- Assessment Amount: $490,000
- Land Assmt: $177,000
- Tax Amount: $13,453
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenants' Personal Belongings.
- Disclosures: Yes
- Block: 592
- Lot Number: 7
Listed by Bhgre Elite
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Schools
Schools serving 31 Bank St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 3 Lacorte Peterstown 700 2nd Avenue, Elizabeth, NJ 07202 | PK-8 | 0.2 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.6 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.6 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.2 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 31 Bank St
Date
Details
Price
Change
Source
8/06/2026
Listed
$849,900
316.05%
MLS
6/24/2021
Sold
$204,279
—
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 31 Bank St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,453
4%
$667,000
1481%
2022
$12,904
2%
$42,200
—
2021
$12,638
-9%
$42,200
-13%
2018
$13,843
-1%
$48,500
—
2019
$13,980
4%
$48,500
—
2017
$13,457
—
$48,500
—
2016
$13,458
6%
$48,500
—
2015
$12,658
9%
$48,500
—
2013
$11,591
—
$48,500
—
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 31 Bank St
31 Bank St, Elizabeth, NJ 07201 (MLS# 4044616) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 31 Bank St is currently listed for $849,900 and was received on August 06, 2026. Want to learn more about 31 Bank 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.

