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$575,000
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Property Description
Conveniently, located 2 units w/finished attic, parking for 3 cars. 1st floor, 2-bedrooms, living room, eat-in kitchen, bathroom vacant needs work. 2nd floor,2-bedrooms, eat-in kitchen, bathroom, month to month, rent $1,450.00. Attic, 1-room with full bathroom, full unfinished basement w/ utility room, laundry hook ups.Ceramic and laminated floors, separate utilities. To be sold in as is condition buyer responsible for all city inspections and repairs. all offers in writing will be presented large shed in the long backyard.
Full Property Details
Full Property Details for 31 Prospect St
General
- Price: $575,000
- Taxes: $9,740 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4040766
- Updated: 7/26/2026
- Added to Site: 21 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Tile Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Metal Fence
Parking
- Garage Description: None
Location
- County: Union
- Driving Directions: East Jersey st to Prospect st
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 1100
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Dimensions: 33 x 196
- Driveway/Sidewalk: Concrete
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $302,000
- Land Assmt: $180,900
- Tax Amount: $9,740
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 311
- Lot Number: 11
Listed by Exit Realty Lucky Associates
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Schools
Schools serving 31 Prospect 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 | 0.5 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.2 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.3 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.3 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.8 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.8 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 Prospect St
Date
Details
Price
Change
Source
7/15/2026
Listed
$575,000
352.76%
MLS
12/01/2016
Sold
$127,000
—
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 31 Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,740
-10%
$482,900
1268%
2022
$10,794
2%
$35,300
—
2021
$10,572
5%
$35,300
—
2018
$10,076
-1%
$35,300
—
2019
$10,175
4%
$35,300
—
2017
$9,795
—
$35,300
—
2016
$9,795
22%
$35,300
15%
2015
$8,038
9%
$30,800
—
2013
$7,361
—
$30,800
—
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 Prospect St
31 Prospect St, Elizabeth, NJ 07201 (MLS# 4040766) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 31 Prospect St is currently listed for $575,000 and was received on July 15, 2026. Want to learn more about 31 Prospect 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.

