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$750,000 Just Listed
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Property Description
Well-maintained, fully renovated 2-family property at 540 Jefferson Ave in Elizabeth, NJ. Each unit offers updated finishes, plus a finished basement with direct exterior access for extra space. Situated on a large lot with a huge backyard perfect for entertaining and a private driveway with parking for 6+ cars. Conveniently located near NJ Turnpike, Routes 1&9, NJ TRANSIT, Newark Airport, shopping, parks, and schools. Ideal for owner-occupants or investors seeking rental income. Being sold AS-IS; buyer responsible for township inspections
Full Property Details
Full Property Details for 540-542 Jefferson Ave
General
- Price: $750,000
- Taxes: $10,967 (2024)
- Status: Active
- Type: Duplex
- Source: Middlesex
- MLS ID: 2613516R
- Updated: 4/10/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease/Rent Term: Unit 2(Month-Month)
Interior
- Interior Features: Unit 1(1 Bedroom, 1 Bath, Living Room, 1 1/2 Baths), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room, 1 1/2 Baths)
- Appliances: Water Heater(Electric), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Rooms
Bathrooms
- Total Bathrooms: 2
Other Rooms
- Living Room: 2,544 Sq. Ft.
Exterior
- Exterior Features: Patio, Storage Shed
- Deck/Patio: Patio
Parking
- Parking Features: 4 or More Car Parking, Paved
- Parking: 4(+)Car Parking, Paved
Location
- County: Union
Heating & Cooling
- Cooling Type: A/C Central - All, A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Central)
- Heating Type: Hot-Water Radiators, Separately Controlled
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Full, Finished, Daylight, Exterior Entry, Storage Space, Interior Entry
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 2,544
- Year Built: 1890
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.1837
- Lot Size (Sq. Ft.): 8,002
- Lot Dimensions: 160.00 x 0.00
- Lot Features: Near Shopping, Near Train
- Lot Description: Near Shopping, Near Train
Financial Considerations
- Tax Amount: $10,967
- Tax Year: 2024
- Terms: Unit 2(Month-Month)
Disclosures and Reports
- Property ID: 400240000000048
Listed by Real
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Schools
Schools serving 540-542 Jefferson Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 6, Marquis Delafayette Elementary School 1071 Julia Street, Elizabeth, NJ 07201 | PK-8 | 0.2 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.7 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.7 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.8 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.6 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 540-542 Jefferson Ave
Date
Details
Price
Change
Source
4/10/2026
Listed
$750,000
105.48%
MLS
12/31/2020
Sold
$365,000
—
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 540-542 Jefferson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,967
6%
$570,000
1581%
2022
$10,366
2%
$33,900
—
2021
$10,152
4%
$33,900
—
2019
$9,771
1%
$33,900
—
2018
$9,676
3%
$33,900
—
2017
$9,406
—
$33,900
—
2016
$9,407
6%
$33,900
—
2015
$8,848
9%
$33,900
—
2013
$8,101
—
$33,900
—
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 540-542 Jefferson Ave
540-542 Jefferson Avenue, Elizabeth, NJ 07201 (MLS# 2613516R) is a Duplex property with 0 bedrooms and 0 full bathrooms. 540-542 Jefferson Avenue is currently listed for $750,000 and was received on April 10, 2026. Want to learn more about 540-542 Jefferson Avenue? Do you have questions about finding other Duplex real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

