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$535,000
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Property Description
Excellent 2-family property located in the heart of Elizabeth. Perfect opportunity for an owner-occupant looking to generate rental income or for an investor seeking strong potential. Layout:* First Floor: 3 bedrooms, 1 full bathroom*Second Floor: 2 bedrooms, 1 full bathroom*Finished attic, offering additional versatile space ideal for a recreation area, home office, or extra storage*Additional Features: Spacious interiors with great natural light Functional kitchens Private backyard Conveniently located near public transportation, schools, parks, and shopping Easy access to NYC and major highways Live in one unit and rent the other, or add this solid multi-family property to your investment portfolio.
Full Property Details
Full Property Details for 54 Florida St
General
- Price: $535,000
- Taxes: $7,176 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4012202
- Updated: 4/9/2026
- Added to Site: 48 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Open Porch(es), Patio, See Remarks
Parking
- Garage Description: On-Street Parking, See Remarks
Location
- County: Union
- Driving Directions: ELIZABETH AVENUE TO FLORIDA STRET
Heating & Cooling
- Cooling Type: No Cooling, See Remarks, Window Air Conditioning
- Heating Type: 2 Units
- Heating Fuel: Natural Gas, See Remarks
- Water Heater: Gas, See Remarks
Utilities
- Sewer: Public Sewer, See Remarks
- Water: Public Water, See Remarks
- Utility Description: Electric, Natural Gas, See Remarks
Structural Information
- Architectural Style: 3-Three Story, See Remarks
- Exterior Const.: Brick, See Remarks
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles, See Remarks
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Master Bedroom, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Pantry, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: Off-Street Parking, See Remarks
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $213,300
- Land Assmt: $142,500
- Tax Amount: $7,176
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 773
- Lot Number: 11
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Schools
Schools serving 54 Florida St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No. 28 Duarte-Marti School 25 1st Street, Elizabeth, NJ 07206 | PK-8 | 0.4 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.1 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.3 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.9 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 54 Florida St
Date
Details
Price
Change
Source
3/02/2026
Listed
$535,000
75.41%
MLS
9/10/2021
Sold
$305,000
—
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 54 Florida St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,846
23%
$355,800
1855%
2022
$5,565
4%
$18,200
—
2020
$5,327
2%
$18,200
—
2019
$5,246
1%
$18,200
—
2018
$5,195
3%
$18,200
—
2017
$5,050
—
$18,200
—
2016
$5,050
6%
$18,200
—
2015
$4,750
9%
$18,200
—
2013
$4,349
—
$18,200
—
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 54 Florida St
54 Florida St, Elizabeth, NJ 07206 (MLS# 4012202) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 54 Florida St is currently listed for $535,000 and was received on March 02, 2026. Want to learn more about 54 Florida 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.

