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$650,000
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Property Description
Exceptional opportunity to own a versatile two-family property with strong potential. Conveniently located near major transportation routes, schools, shopping, dining, and everyday conveniences, including minutes from The Mills at Jersey Gardens.This property features a detached garage, additional off-street parking, a finished attic with a bathroom, and a partially finished basement with a bathroom, offering flexible living arrangements and space options.Property is being sold strictly AS-IS. Buyer is responsible for all municipal inspections, Certificate of Occupancy, and any required city certifications.A great opportunity for buyers looking to customize and add value in a highly accessible and desirable location.
Full Property Details
Full Property Details for 40 Smith St
General
- Price: $650,000
- Taxes: $8,973 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4031711
- Updated: 6/2/2026
- Added to Site: 18 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Privacy Fence, See Remarks
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Detached Garage
Location
- County: Union
- Driving Directions: Elizabeth Ave to Smith St
Heating & Cooling
- Cooling Type: See Remarks, Window A/C(s)
- Heating Type: See Remarks
- Heating Fuel: Natural Gas, See Remarks
Utilities
- Sewer: Public Sewer, See Remarks
- Water: Public Water, See Remarks
- Utility Description: All Underground, Natural Gas, See Remarks
Structural Information
- Architectural Style: See Remarks
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished-Partially
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Attic
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 33 x 150
- Driveway/Sidewalk: 1 Car Width, Additional Parking, Blacktop
Financial Considerations
- Expenses: See Remarks
- Operating Expenses: $9,999
- Assessment Amount: $244,800
- Land Assmt: $200,100
- Tax Amount: $8,973
- Tax Year: 2025
Disclosures and Reports
- Block: 590
- Lot Number: 27
Listed by Realty One Group Lifestyle Homes
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Schools
Schools serving 40 Smith St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 3 Lacorte Peterstown 700 2nd Avenue, Elizabeth, NJ 07202 | PK-8 | 0.2 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.4 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.4 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.1 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 40 Smith St
Date
Details
Price
Change
Source
6/02/2026
Listed
$650,000
103.76%
MLS
6/19/2017
Sold
$319,000
—
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 40 Smith St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,560
1%
$444,900
1500%
2022
$8,501
2%
$27,800
—
2021
$8,326
5%
$27,800
—
2018
$7,935
-1%
$27,800
—
2019
$8,013
4%
$27,800
—
2017
$7,714
—
$27,800
—
2016
$7,714
6%
$27,800
—
2015
$7,256
9%
$27,800
—
2013
$6,644
—
$27,800
—
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 40 Smith St
40 Smith St, Elizabeth, NJ 07201 (MLS# 4031711) is a Multi-Family property with 2 units containing 4 bedrooms and 4 full bathrooms. 40 Smith St is currently listed for $650,000 and was received on June 02, 2026. Want to learn more about 40 Smith 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.

