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$750,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 1 day ago

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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 for 540-542 Jefferson Ave

General

  • Price: $750,000
  • Taxes: $11,800 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4019954
  • Updated: 4/10/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 9

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Location

  • County: Union
  • Driving Directions: GSP exit 129, I-95N exit 13A, Rte 81N US-1S right on Meadow St right on Fairmount Ave left on Jefferson Ave.

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Window A/C(s)
  • Heating Type: 2 Units, Radiators - Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Garbage Included

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Walk-Out
  • Roof: Asphalt Shingles
  • Year Built: 1890

Unit Information

Unit 1

  • Unit Description: Kitchen, Living Room, Master Bedroom
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 1

Unit 2

  • Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Dimensions: 50 x 160
  • Driveway/Sidewalk: Concrete

Financial Considerations

  • Expenses: See Remarks
  • Assessment Amount: $337,900
  • Land Assmt: $232,100
  • Tax Amount: $11,800
  • Tax Year: 2025

Disclosures and Reports

  • Block: 240
  • Lot Number: 48

Listed by Real

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Listing agent

— 540-542 Jefferson Ave —

  • Real

347-784-7305

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 540-542 Jefferson Ave

School District:Elizabeth City School District
NameGradesDistance
Number 6, Marquis Delafayette Elementary School
1071 Julia Street, Elizabeth, NJ 07201
PK-80.2 mi
T Jefferson Arts Academy
27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201
9-120.7 mi
Elizabeth High School
40 Morrell Street, Elizabeth, NJ 07202
9-120.7 mi
A Hamilton Preparatory Academy
310 Cherry Street, Elizabeth, NJ 07208
9-120.8 mi
John E Dwyer Tech Academy
123 Pearl Street, Elizabeth, NJ 07202
9-121 mi
Adm W F Halsey Leadership Academy
641 South Street, Elizabeth, NJ 07202
9-121 mi
T A Edison Career Tech Academy
625 Summer Street, Elizabeth, NJ 07202
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 540-542 Jefferson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Listed
$750,000
105.48%
MLS
12/31/2020
Sold
$365,000
—
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 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.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Real

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Listed by Prominent Properties Sir

540-542 Jefferson Ave, Elizabeth, NJ 07201 (MLS# 4019954) is a Multi-Family property with 2 units containing 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 540-542 Jefferson Ave is currently listed for $750,000 and was received on April 10, 2026. Want to learn more about 540-542 Jefferson 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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