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$650,000
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Property Description
PRICE REDUCED Excellent income-producing opportunity. Spacious side by side multi family offering a total of 9 Bedrooms and 3 full baths, plus an attic for space storage. Nicely located near schools, with easy access to bus transportation to New York City and shopping conveniently within walking distance.
Full Property Details
Full Property Details for 450 3rd Ave #2
General
- Price: $650,000
- Taxes: $8,617 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4005764
- Updated: 4/15/2026
- Added to Site: 128 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Garage Description: On-Street Parking
Location
- County: Union
- Driving Directions: Elizabeth Ave to 5th street to 3rd ave
School Information
- Elementary School: Columbia
- Middle School: Reilly MS
- High School: Elizabeth
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 3 Units, Radiant - Hot Water, Radiators - Hot Water
- Heating Fuel: Natural Gas, Solar-Leased
- Water Heater: From Furnace
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: Duplex-Side by Side
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 1909
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Storage
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage
- Square Feet: 1000
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 25 x 114
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Expenses: Taxes
- Operating Expenses: $99
- Assessment Amount: $295,800
- Land Assmt: $152,100
- Tax Amount: $8,617
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Personal items
- Disclosures: Yes
- Block: 687
- Lot Number: 16
Listed by Re/Max New Millennium Group
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Schools
Schools serving 450 3rd Ave #2
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 15, Christopher Columbus Elementary School 511 3rd Avenue, Elizabeth, NJ 07202 | PK-8 | 0.1 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.7 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.9 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.5 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 450 3rd Ave #2
Date
Details
Price
Change
Source
4/15/2026
Price Reduced
$650,000
-7.14%
MLS
3/22/2026
Price Reduced
$700,000
-6.67%
MLS
2/13/2026
Price Reduced
$750,000
-6.25%
MLS
1/18/2026
Listed
$800,000
75.82%
MLS
12/03/2020
Sold
$455,000
—
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 450 3rd Ave #2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,618
-3%
$447,900
1444%
2022
$8,868
2%
$29,000
—
2021
$8,685
5%
$29,000
—
2018
$8,277
3%
$29,000
—
2017
$8,047
—
$29,000
—
2016
$8,047
6%
$29,000
—
2015
$7,569
-9%
$29,000
—
2019
$8,359
21%
$29,000
—
2013
$6,930
—
$29,000
—
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 450 3rd Ave #2
450 3rd Ave #2, Elizabeth, NJ 07206 (MLS# 4005764) is a Multi-Family property with 2 units containing 9 bedrooms and 3 full bathrooms. 450 3rd Ave #2 is currently listed for $650,000 and was received on January 18, 2026. Want to learn more about 450 3rd Ave #2? 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.

