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$849,000
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Property Description
Spacious 4-family property offering excellent income potential in a prime location near North Ave train station. Each unit features 2 bedrooms, living room, kitchen, and full bath. Property includes separate utilities for each unit and a shared driveway with parking available in the rear. Unfinished basement provides additional potential for storage or future use. Conveniently located near schools, shopping, and major transportation. Ideal for investors or owner-occupants seeking strong rental opportunity in a high-demand area.
Full Property Details
Full Property Details for 642 Pennsylvania Ave
General
- Price: $849,000
- Taxes: $11,018 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4017816
- Updated: 4/1/2026
- Added to Site: 55 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Metal Fence
Location
- County: Union
- Driving Directions: Fairmount Ave to Pennsylvania Ave
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 4+ Units, Baseboard - Cast Iron
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1940
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 32 x 125
- Driveway/Sidewalk: Blacktop, Common
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $383,500
- Land Assmt: $162,800
- Tax Amount: $11,018
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 191
- Lot Number: 42
Listed by Brookman Realty
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Schools
Schools serving 642 Pennsylvania Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 23, N.M. Butler Elementary School 631 Westminster Avenue, Elizabeth, NJ 07208 | PK-8 | 0.4 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 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 642 Pennsylvania Ave
Date
Details
Price
Change
Source
4/01/2026
Listed
$849,000
49.27%
MLS
11/18/2021
Sold
$568,750
—
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 642 Pennsylvania Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,511
46%
$546,300
2215%
2022
$7,217
2%
$23,600
—
2021
$7,068
4%
$23,600
—
2019
$6,802
1%
$23,600
—
2018
$6,736
3%
$23,600
—
2017
$6,548
—
$23,600
—
2016
$6,549
6%
$23,600
—
2015
$6,159
9%
$23,600
—
2013
$5,640
—
$23,600
—
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 642 Pennsylvania Ave
642 Pennsylvania Ave, Elizabeth, NJ 07201 (MLS# 4017816) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 642 Pennsylvania Ave is currently listed for $849,000 and was received on April 01, 2026. Want to learn more about 642 Pennsylvania 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.

