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$990,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
See This Home
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Excellent mixed-use investment opportunity in the heart of Elizabeth. This property features a first-floor commercial storefront plus two residential apartments on the second floor: one 2-bedroom unit and one 3-bedroom unit. The commercial space offers street-level visibility, making it ideal for a variety of professional or retail uses, subject to municipal approvals. The residential units provide strong rental potential, with practical layouts and comfortable living spaces. Located at 416 S 5th St, this property offers convenient access to local shops, transportation, major roadways, and nearby amenities. A great option for investors, owner-users, or buyers looking to combine business and rental income in one property. Buyer is responsible for all due diligence regarding permitted use, zoning, and municipal requirements.

Full Property Details for 416 S 5th St

General

  • Price: $990,000
  • Taxes: $12,811 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4032760
  • Updated: 8/16/2026
  • Added to Site: 128 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Carbon Monoxide Detector, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Color: White

Location

  • County: Union
  • Subdivision: Mattano Park
  • Driving Directions: Summer St to S 5th St

Heating & Cooling

  • Cooling Type: 1 Unit, Central Air Conditioning
  • Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Brick
  • Roof: Rubberized
  • Year Built: 1954
  • Remodeled/Updated: 2020

Unit Information

Unit 1

  • Unit Description: See Remarks
  • Levels/Stories: 1
  • Fireplaces: 9
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Den, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: None
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $482,700
  • Land Assmt: $152,500
  • Tax Amount: $12,811
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Personal property - Business is not for sale
  • Block: 685
  • Lot Number: 7

Listed by Coldwell Banker Liberty

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Listing agent

— 416 S 5th St —

  • Coldwell Banker Liberty

908-527-1711

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 416 S 5th St

School District:Elizabeth City School District
NameGradesDistance
Number 15, Christopher Columbus Elementary School
511 3rd Avenue, Elizabeth, NJ 07202
PK-80.2 mi
T A Edison Career Tech Academy
625 Summer Street, Elizabeth, NJ 07202
9-120.3 mi
Adm W F Halsey Leadership Academy
641 South Street, Elizabeth, NJ 07202
9-120.7 mi
John E Dwyer Tech Academy
123 Pearl Street, Elizabeth, NJ 07202
9-120.7 mi
T Jefferson Arts Academy
27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201
9-120.9 mi
Elizabeth High School
40 Morrell Street, Elizabeth, NJ 07202
9-120.9 mi
A Hamilton Preparatory Academy
310 Cherry Street, Elizabeth, NJ 07208
9-121.4 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 416 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/16/2026
Price Reduced
$990,000
-10%
MLS
7/16/2026
Price Reduced
$1,100,000
-2.65%
MLS
6/24/2026
Price Reduced
$1,130,000
-5.83%
MLS
6/03/2026
Listed
$1,200,000
287.1%
MLS
7/25/2018
Sold
$310,000
—
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 416 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,812
-22%
$635,200
—
2023
$16,469
3%
$635,200
1112%
2022
$16,023
2%
$52,400
—
2021
$15,693
4%
$52,400
—
2019
$15,104
1%
$52,400
—
2018
$14,957
3%
$52,400
—
2017
$14,539
—
$52,400
—
2016
$14,540
6%
$52,400
—
2015
$13,676
9%
$52,400
—
2013
$12,523
—
$52,400
—
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 for 416 S 5th St

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Liberty

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416 S 5th St, Elizabeth, NJ 07206 (MLS# 4032760) is a Multi-Family property with 3 units containing 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 416 S 5th St is currently listed for $990,000 and was received on June 03, 2026. Want to learn more about 416 S 5th 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.

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