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$999,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 2 Car Garage
  • Updated 1 hour ago
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This mixed-use property offers a rare opportunity to own a well-maintained building featuring 4 residential units and 1 ground-level store front which was used as a deli. Property also has a 2 car garage. The property combines steady residential income with commercial space. Great investment for both investors or owner-occupants. Two units will be delivered vacant at closing. Conveniently located near shopping, dining, public transportation and major highways. Property is being sold in "as is" condition.

Full Property Details for 701 Grier Ave

General

  • Price: $999,999
  • Taxes: $22,901 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4031452
  • Updated: 6/2/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 17
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Partially Fenced

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Detached Garage

Location

  • County: Union
  • Subdivision: Bayway
  • Driving Directions: Bayway to Grier Ave

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 4+ Units, Baseboard - Hotwater
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: Fourplex, See Remarks
  • Exterior Const.: Aluminum Siding, Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt Shingles
  • Year Built: 1920

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 26 x 100
  • Driveway/Sidewalk: 2 Car Width
  • Lot Description: Corner

Financial Considerations

  • Expenses: Cold Water, Insurance, Maintenance, Taxes
  • Assessment Amount: $905,400
  • Land Assmt: $230,000
  • Tax Amount: $22,901
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 440
  • Lot Number: 17

Listed by Re/Max New Millennium Group

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Listing agent

— 701 Grier Ave —

  • Re/Max New Millennium Group

908-282-1234

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

Price & Sales History for 701 Grier Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Listed
$999,999
700%
MLS
4/09/2018
Sold
$125,000
—
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 701 Grier Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,845
56%
$1,135,400
2374%
2022
$14,036
2%
$45,900
—
2021
$13,746
4%
$45,900
—
2019
$13,230
1%
$45,900
—
2018
$13,101
3%
$45,900
—
2017
$12,736
—
$45,900
—
2016
$12,737
6%
$45,900
—
2015
$11,979
9%
$45,900
—
2013
$10,969
—
$45,900
—
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.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Re/Max New Millennium Group

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701 Grier Ave, Elizabeth, NJ 07202 (MLS# 4031452) is a Multi-Family property with 4 units containing 9 bedrooms, 4 full bathrooms and 1 partial bathroom. 701 Grier Ave is currently listed for $999,999 and was received on June 01, 2026. Want to learn more about 701 Grier 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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