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$875,000
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Property Description
Turnkey investment opportunity! This beautifully renovated 2-family home is ideally located just steps from the main street, surrounded by commercial stores, dining, and minutes from the hospital an excellent rental location. Fully renovated in June 2024 from top to bottom, this property features modern finishes throughout. Each unit offers an open-concept kitchen with contemporary touches, 3 spacious bedrooms, 1 full bathroom, a bright and airy living room, and the convenience of in-unit washer and dryer. Enjoy a private patio perfect for summer relaxation. The second-floor walkable attic offers outstanding potential to add value by finishing for additional living space.Property is currently tenant-occupied; tenants are expected to vacate by March and April. A rare opportunity to own a move-in-ready, income-producing property with upside potential!
Full Property Details
Full Property Details for 313 Washington Ave
General
- Price: $875,000
- Taxes: $9,960 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4004952
- Updated: 1/30/2026
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Patio
Location
- County: Union
- Driving Directions: Exit 140 toward NJ-82 E/Morris Ave. Continue straight, turn left on Broad St, then right on Washington Ave to 313.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Hotwater, Forced Hot Air
- 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.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 9999
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Attic
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $9,999,999
- Assessment Amount: $365,200
- Land Assmt: $152,500
- Tax Amount: $9,960
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 425
- Lot Number: 16
Listed by C-21 Christel Realty
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Schools
Schools serving 313 Washington Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 4 John Battin Elementary School 300 South Broad Street, Elizabeth, NJ 07202 | PK-8 | 0.2 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.4 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.4 mi |
Elizabeth High School 40 Morrell 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 | 0.6 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.8 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 313 Washington Ave
Date
Details
Price
Change
Source
1/15/2026
Listed
$875,000
37.8%
MLS
6/17/2024
Sold
$635,000
—
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 313 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,961
6%
$517,700
1586%
2022
$9,388
2%
$30,700
—
2021
$9,194
4%
$30,700
—
2019
$8,849
1%
$30,700
—
2018
$8,763
3%
$30,700
—
2017
$8,518
—
$30,700
—
2016
$8,519
6%
$30,700
—
2015
$8,012
9%
$30,700
—
2013
$7,337
—
$30,700
—
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 313 Washington Ave
313 Washington Ave, Elizabeth, NJ 07202 (MLS# 4004952) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 313 Washington Ave is currently listed for $875,000 and was received on January 13, 2026. Want to learn more about 313 Washington Ave? 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.

