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$599,000
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Property Description
Exceptional multi-unit opportunity in the heart of Elizabeth! This versatile property features a vacant first-floor unit ready for immediate occupancy and a tenant-occupied upper unit providing instant rental income. Ideal for both investors and owner-occupants looking to live in one unit while generating supplemental income from the other. Each unit offers comfortable living space with well-sized bedrooms and baths, creating strong rental appeal and flexibility. Conveniently located near major transportation, shopping, schools, restaurants, and local amenities, making commuting and everyday living a breeze. A rare opportunity with income potential and long-term value in a prime Elizabeth location!
Full Property Details
Full Property Details for 322 E Jersey St
General
- Price: $599,000
- Taxes: $7,547 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4035292
- Updated: 7/2/2026
- Added to Site: 48 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Location
- County: Union
- Driving Directions: Use GPS.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric Filter
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Architectural Style: 2-Two Story, Duplex-Side by Side
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Square Feet: 2,079
- Year Built: 1909
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 1040
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 1040
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $245,900
- Land Assmt: $128,300
- Tax Amount: $7,547
- Tax Year: 2025
Disclosures and Reports
- Block: 729
- Lot Number: 4
Listed by Nj Elite Group Llc
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Schools
Schools serving 322 E Jersey St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 1, George Washington Elementary School 250 Broadway, Elizabeth, NJ 07206 | PK-8 | 0.2 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.1 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.2 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.9 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 322 E Jersey St
Date
Details
Price
Change
Source
7/02/2026
Price Reduced
$599,000
-4.16%
MLS
6/18/2026
Listed
$625,000
89.39%
MLS
11/09/2010
Sold
$330,000
—
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 322 E Jersey St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,548
19%
$374,200
1708%
2022
$6,330
2%
$20,700
—
2021
$6,199
5%
$20,700
—
2018
$5,908
3%
$20,700
—
2017
$5,744
—
$20,700
—
2016
$5,744
-4%
$20,700
—
2019
$5,967
10%
$20,700
—
2015
$5,402
9%
$20,700
—
2013
$4,947
—
$20,700
—
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 322 E Jersey St
322 E Jersey St, Elizabeth, NJ 07206 (MLS# 4035292) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 322 E Jersey St is currently listed for $599,000 and was received on June 18, 2026. Want to learn more about 322 E Jersey 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.

