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$570,000
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Property Description
Discover this well-maintained legal two-family home offering excellent income potential and versatile living space. Each unit features one bedroom, one full bath, and an additional finished bonus area?one with a thoughtfully finished attic providing extra usable square footage, and the other with a finished basement for added convenience and flexibility. Both units boast separate entrances and layouts designed for comfortable, independent living. The property includes a practical off-street driveway for convenient parking. With its solid construction, functional design, and dual-unit configuration, this home presents a tremendous opportunity for owner-occupancy or investment. Don't miss this appealing multi-family schedule a appointment today.
Full Property Details
Full Property Details for 478 Walnut St
General
- Price: $570,000
- Taxes: $8,398 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4012918
- Updated: 3/6/2026
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Union
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Family Room, Kitchen
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Attic, Bedrooms, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 32 x 110
- Driveway/Sidewalk: 1 Car Width, Off-Street Parking, On-Street Parking
Financial Considerations
- Assessment Amount: $259,200
- Land Assmt: $157,200
- Tax Amount: $8,398
- Tax Year: 2025
Disclosures and Reports
- Block: 256
- Lot Number: 17
Listed by Daunno Realty Services Llc
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Schools
Schools serving 478 Walnut St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 2, Winfield Scott Elementary School 125 Madison Avenue, Elizabeth, NJ 07201 | PK-8 | 0.5 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.6 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.6 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.7 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 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 478 Walnut St
Date
Details
Price
Change
Source
3/06/2026
Listed
$570,000
237.28%
MLS
4/20/2004
Sold
$169,000
—
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 478 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,012
-5%
$416,400
1403%
2022
$8,470
2%
$27,700
—
2021
$8,296
5%
$27,700
—
2018
$7,906
3%
$27,700
—
2017
$7,686
—
$27,700
—
2016
$7,686
-4%
$27,700
—
2019
$7,984
10%
$27,700
—
2015
$7,229
9%
$27,700
—
2013
$6,620
—
$27,700
—
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 478 Walnut St
478 Walnut St, Elizabeth, NJ 07201 (MLS# 4012918) is a Multi-Family property with 2 units containing 2 bedrooms and 2 full bathrooms. 478 Walnut St is currently listed for $570,000 and was received on March 06, 2026. Want to learn more about 478 Walnut 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.

