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$699,000
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Property Description
Welcome to this exceptional investment opportunity. This versatile property was fully renovated in 2024 and features a fresh interior throughout.The layout is thoughtfully designed with 5 spacious bedrooms, 2 full kitchens, and 3 separate living rooms, creating three fully self contained units.Theprimary unit offers 3 bedrooms, providing a perfect residence for an owner occupant while the two additional units generate significant supplemental income.The property is currently operating as 3 active Airbnb spaces with a proven track record of short term rental success. Outside, you will find a private drivewayand a backyard designed for entertaining, which are rare features in this competitive market.Investors will appreciate the low property taxes of only $7,900 peryear, a factor that significantly maximizes net returns.The location offers unmatched convenience for commuters and travelers alike. Residents enjoyimmediate access to NYC bound buses and NJ Transit trains, making it a true car free destination. The property is minutes from Newark Liberty InternationalAirport and provides direct access to Routes 1/9, the NJ Turnpike, and the Garden State Parkway. Its proximity to the Prudential Center and MetLife Stadium ensures high desirability in Union County's largest city.
Full Property Details
Full Property Details for 32 Cedar Ave
General
- Price: $699,000
- Taxes: $7,924 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4022672
- Updated: 5/13/2026
- Added to Site: 23 day(s) ago
Interior
- Number of Rooms: 15
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Non-Functional
- Appliances: Carbon Monoxide Detector, Microwave, Gas Range and Oven, Refrigerator, Water Softener (Owned), Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
- Bedroom 1: First
- Bedroom 2: Second
- Bedroom 3: Second
- Bedroom 4: Third
Other Rooms
- Living Room: First
- Family Room: Ground
- Kitchen: Eat-In Kitchen
- Dining Room: First
Additional Information
- Pool: Yes
- Pool Description: Above-Ground, Heated
Exterior
- Exterior Features: Barbecue, Curbs, Patio, Sidewalk, Thermal Windows/Doors
- Color: blue
Parking
- Uncovered Spaces: 1
Location
- County: Union
- Subdivision: ELMORA
- Driving Directions: FROM ELMORA TO RAHWAY ONE WAY TO CEDAR
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Multi-Zone
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic
Structural Information
- Architectural Style: A-Frame
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Additional Use: Multi-Family
- Year Built: 1990
- Remodeled/Updated: 2025
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25 x 100
- Driveway/Sidewalk: 1 Car Width
- Zoning: T2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $392,900
- Land Assmt: $172,500
- Tax Amount: $7,924
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: furniture and appliances except gas stove
- Disclosures: Yes
- APN: 2904-00374-0000-00005-0000-
- Block: 374
- Lot Number: 5
Listed by Re/Max Select
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Schools
Schools serving 32 Cedar Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 19, Woodrow Wilson Elementary School 529 Edgar Road, Elizabeth, NJ 07202 | PK-8 | 0.4 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.9 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1 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 32 Cedar Ave
Date
Details
Price
Change
Source
4/24/2026
Price Increased
$699,000
18.68%
MLS
4/22/2026
Listed
$588,999
61.37%
MLS
7/02/2021
Sold
$365,000
—
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 32 Cedar Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,559
-29%
$392,900
1036%
2022
$10,580
—
$34,600
—
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 32 Cedar Ave
Home Warranty : Included
32 Cedar Ave, Elizabeth, NJ 07202 (MLS# 4022672) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 32 Cedar Ave is currently listed for $699,000 and was received on April 22, 2026. Want to learn more about 32 Cedar Ave? Do you have questions about finding other Single Family real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

