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$625,000 Just Listed
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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: $625,000
- Taxes: $7,547 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4035292
- Updated: 6/18/2026
- Added to Site: 2 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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Price & Sales History for 322 E Jersey St
Date
Details
Price
Change
Source
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
2024
$7,200
14%
$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 $625,000 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.

