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$700,000
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Property Description
Welcome to this exceptional multi family home is a very desired location! Great opportunity for an investor or owner occupant! First floor apartment features LivRm, DinRm, EIK, 2 beds and full bath. Second floor apartment features LivRm, DinRm, EIK, 2 beds, full bath and 2 bonus rooms on the 3rd floor perfect for home office or den. Both apartments have access to the basement storage and garage. All separate utilities (except water). Very convenient to downtown Elmora, transportation and schools.
Full Property Details
Full Property Details for 432 Pennington St
General
- Price: $700,000
- Taxes: $11,329 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4055980
- Updated: 10/2/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Detached Garage
Location
- County: Union
- Driving Directions: Elmora Ave to Pennington
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units, Radiators - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: From Furnace
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1954
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Dining Room, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Dimensions: 28 x 200 IRR
- Driveway/Sidewalk: Driveway-Shared, Off-Street Parking
- Lot Description: Irregular Lot
Financial Considerations
- Assessment Amount: $343,300
- Land Assmt: $218,400
- Tax Amount: $11,329
- Tax Year: 2025
Disclosures and Reports
- Exclusions: 1st floor Regrigerator
- Disclosures: Yes
- Block: 368
- Lot Number: 28
Listed by Weichert Realtors
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Schools
Schools serving 432 Pennington St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 12, Elmora Elementary School 638 Magie Avenue, Elizabeth, NJ 07208 | PK-8 | 0.5 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.6 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.1 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.3 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 432 Pennington St
Date
Details
Price
Change
Source
10/02/2026
Listed
$700,000
218.18%
MLS
12/27/1989
Sold
$220,000
—
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 432 Pennington St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,329
-12%
$561,700
—
2023
$12,918
3%
$561,700
1267%
2022
$12,568
5%
$41,100
—
2022
$11,998
—
$41,100
—
2021
$11,963
2%
$41,100
—
2018
$11,731
3%
$41,100
—
2017
$11,404
—
$41,100
—
2016
$11,405
6%
$41,100
—
2015
$10,727
-9%
$41,100
—
2019
$11,847
21%
$41,100
—
2013
$9,822
—
$41,100
—
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 432 Pennington St
432 Pennington St, Elizabeth, NJ 07202 (MLS# 4055980) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 432 Pennington St is currently listed for $700,000 and was received on September 30, 2026. Want to learn more about 432 Pennington 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.

