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$1,185,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 4 Car Garage
  • Updated 6 days ago

Next open house:

Open House: 1:00 PM - 3:00 PM

Sunday 7/12 1:00 PM - 3:00 PM

461 1st Ave,Elizabeth, NJ 07206

461 1st AveElizabethNJ07206

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Exceptional huge two-family home in Elizabeth's desirable Peterstown section! Situated on a corner double lot, this property features spacious open-concept layouts with hardwood floors, quartz countertops, stainless steel appliances, custom cabinetry, and electric fireplaces. The first-floor unit offers 5 bedrooms and 3 full baths, including a luxurious primary suite, while the second-floor unit provides excellent rental income. Additional highlights include a finished ground-level basement, attached garage, separate utilities, and remaining tax abatement. Conveniently located near schools, shopping, major highways, and public transportation. An outstanding opportunity for both owner-occupants and investors!

Full Property Details for 461 1st Ave

General

  • Price: $1,185,000
  • Taxes: $3,525 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4036809
  • Updated: 7/4/2026
  • Added to Site: 6 day(s) ago

Interior

  • Number of Rooms: 14

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Garage Description: Attached Garage

Location

  • County: Union
  • Driving Directions: 5th st to 1st ave

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Stone, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Asphalt Shingles
  • Year Built: 2023

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Rec Room
  • Square Feet: 2041
  • Levels/Stories: 2
  • Fireplaces: 1
  • Total Bathrooms: 2
  • Bedrooms: 5

Unit 2

  • Unit Description: Attic, Bedrooms, Eat-In Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Square Feet: 2041
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Dimensions: 50 x 83
  • Driveway/Sidewalk: Driveway-Exclusive

Financial Considerations

  • Assessment Amount: $738,300
  • Land Assmt: $174,800
  • Tax Amount: $3,525
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 681
  • Lot Number: 1

Listed by Tnt Realty Nj

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Listing agent

— 461 1st Ave —

  • Tnt Realty Nj

201-699-7558

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 461 1st Ave

School District:Elizabeth City School District
NameGradesDistance
Number 1, George Washington Elementary School
250 Broadway, Elizabeth, NJ 07206
PK-80.5 mi
T A Edison Career Tech Academy
625 Summer Street, Elizabeth, NJ 07202
9-120.7 mi
Adm W F Halsey Leadership Academy
641 South Street, Elizabeth, NJ 07202
9-120.8 mi
John E Dwyer Tech Academy
123 Pearl Street, Elizabeth, NJ 07202
9-120.8 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
9-121.6 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 461 1st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/04/2026
Listed
$1,185,000
0.85%
MLS
1/14/2025
Sold
$1,175,000
—
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 461 1st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,526
8%
$174,800
—
2023
$3,269
-49%
$174,800
1581%
2022
$6,422
20%
$10,400
-50%
2022
$5,372
-33%
$21,000
—
2021
$8,077
—
$21,000
-43%
2021
$8,077
-24%
$37,000
—
2018
$10,561
3%
$37,000
—
2017
$10,266
—
$37,000
—
2016
$10,267
6%
$37,000
—
2015
$9,657
-9%
$37,000
—
2019
$10,665
21%
$37,000
—
2013
$8,842
—
$37,000
—
View All
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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with our affiliated lender
NMLS#: 1598647

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Listed by Tnt Realty Nj

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461 1st Ave, Elizabeth, NJ 07206 (MLS# 4036809) is a Multi-Family property with 2 units containing 9 bedrooms and 5 full bathrooms. 461 1st Ave is currently listed for $1,185,000 and was received on July 04, 2026. Want to learn more about 461 1st Ave? 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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