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$519,000 Just Listed
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Property Description
Great Investment Opportunity. Cash-producing large two-family property offering exceptional income potential. Each unit features 2 spacious bedrooms and 1 full bathroom, providing desirable layouts for tenants and strong rental demand. Conveniently located near major highways, public transportation, shopping, and local amenities. A solid, income-generating asset with room to grow?don't miss this opportunity.
Full Property Details
Full Property Details for 322 S 7th St
General
- Price: $519,000
- Taxes: $8,838 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4057331
- Updated: 10/7/2026
- 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: 322 S 7th Street, Elizabeth, NJ 07202
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 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.: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Flat
- Year Built: 1910
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen
- Square Feet: 1000
- 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: $300,900
- Land Assmt: $137,300
- Tax Amount: $8,838
- Tax Year: 2025
Disclosures and Reports
- Block: 604
- Lot Number: 5
Listed by Re/Max Central
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Price & Sales History for 322 S 7th St
Date
Details
Price
Change
Source
10/07/2026
Listed
$519,000
27.26%
MLS
2/17/2021
Sold
$407,813
—
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 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,838
5%
$438,200
1488%
2022
$8,440
2%
$27,600
—
2021
$8,266
4%
$27,600
—
2019
$7,955
1%
$27,600
—
2018
$7,878
3%
$27,600
—
2017
$7,658
—
$27,600
—
2016
$7,659
6%
$27,600
—
2015
$7,203
9%
$27,600
—
2013
$6,596
—
$27,600
—
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 322 S 7th St
322 S 7th St, Elizabeth, NJ 07202 (MLS# 4057331) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 322 S 7th St is currently listed for $519,000 and was received on October 07, 2026. Want to learn more about 322 S 7th 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.

