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$975,000 Just Listed

  • For Sale
  • Active
  • Apartment
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The perfect legal rooming house does exist. This impeccably maintained investment property delivers exceptional cash flow and has been upgraded to an impressive standard throughout. The current owner has taken tremendous pride in maintaining and improving the property, resulting in strong and consistent returns. The building features 8 legal rooming units, 6 full bathrooms, a large finished basement, parking, Central AC, forced hot air, and much more. The owner occupied principal unit on the first floor has been fully upgraded with a modern kitchen, renovated bathrooms, and tasteful finishes throughout. Conveniently located near major highways, Newark Airport, shopping centers, and public transportation, this prime location makes tenant occupancy easy and highly desirable year round. A rare opportunity to add a high performing, well maintained asset to your investment portfolio. Come see your next investment opportunity today.

Full Property Details for 334 1st Ave

General

  • Price: $975,000
  • Taxes: $11,125 (2025)
  • Status: Active
  • Type: Apartment
  • Source: Garden_State
  • MLS ID: 4029090
  • Updated: 5/21/2026
  • Added to Site: 6 day(s) ago

Business

  • Includes: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 6

Additional Information

  • Equipment: See Remarks

Parking

  • Garage Spaces: 3
  • Parking: 1 Car Width, 2 Car Width

Location

  • County: Union
  • Driving Directions: on first avenue corner lot
  • Location Details: Corner

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: 1 Unit, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: See Remarks
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full, Walk-Out
  • Roof: Asphalt Shingles
  • Stories in Building: 3
  • Square Feet: 3,148
  • Aprox. Leasable: 3,148 Sq. Ft.
  • Year Built: 1905

Unit Information

  • 1 Bedroom Units: 8
  • 2 Bedroom Units: 1
  • Units w/Full Bath: 3

Lot Features

  • Lot Size: 39.24X98XIRR
  • Permitted Use: rooming house
  • Zoning: rooming house

Financial Considerations

  • Price Per Sq. Ft.: $309
  • Assessment Amount: $551,600
  • Land Assmt: $160,200
  • Tax Amount: $11,125
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Income & Expenses
  • APN: 2904-00734-0000-00003-0002-
  • Block: 734
  • Lot Number: 3.02

Listed by Keller Williams City Views Realty

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Listing agent

— 334 1st Ave —

  • Keller Williams City Views Realty

201-519-4739

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 334 1st Ave

School District:Elizabeth City School District
NameGradesDistance
No. 28 Duarte-Marti School
25 1st Street, Elizabeth, NJ 07206
PK-80.5 mi
T A Edison Career Tech Academy
625 Summer Street, Elizabeth, NJ 07202
9-120.8 mi
Adm W F Halsey Leadership Academy
641 South Street, Elizabeth, NJ 07202
9-121 mi
John E Dwyer Tech Academy
123 Pearl Street, Elizabeth, NJ 07202
9-121 mi
Elizabeth High School
40 Morrell Street, Elizabeth, NJ 07202
9-121.1 mi
T Jefferson Arts Academy
27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201
9-121.2 mi
A Hamilton Preparatory Academy
310 Cherry Street, Elizabeth, NJ 07208
9-121.8 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 334 1st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/20/2026
Listed
$975,000
169.34%
MLS
11/19/2019
Sold
$362,000
—
Public Record
Get Price Alerts and Save Property
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 for 334 1st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,613
-31%
$551,600
1001%
2022
$15,320
2%
$50,100
—
2021
$15,004
4%
$50,100
—
2019
$14,441
1%
$50,100
—
2018
$14,300
3%
$50,100
—
2017
$13,901
—
$50,100
—
2016
$13,902
6%
$50,100
—
2015
$13,076
9%
$50,100
—
2013
$11,973
—
$50,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams City Views Realty

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334 1st Ave, Elizabeth, NJ 07206 (MLS# 4029090) is a Apartment property. 334 1st Ave is currently listed for $975,000 and was received on May 20, 2026. Want to learn more about 334 1st Ave? Do you have questions about finding other Apartment real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

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