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$690,000
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Property Description
Turnkey - 2 unit property with a detached one (1) car garage perfectly situated on a corner lot. An ideal opportunity for both investors or owner-occupants looking for hassle-free income. Each unit features, 3 bedrooms and 1 bathroom modern kitchens with stainless steel appliances, renovated bathrooms, and updated flooring. Both units are designed with identical floor plans, offering a consistent layout and flow throughout the property. Close to shopping centers, schools, places of worship and major highways.
Full Property Details
Full Property Details for 71 Erie St
General
- Price: $690,000
- Taxes: $8,571 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3978507
- Updated: 10/22/2025
- Added to Site: 170 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Color: Tan
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Detached Garage
Location
- County: Union
- Subdivision: Elizabethport
- Driving Directions: Trenton A. to Atlantic St. Right - 3rd A. Left - Delaware St. Right - Merritt A. Right - Erie St
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Electric, Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Bilco-Style Door
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Living Room, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.04
- Lot Dimensions: 25 x 75
- Driveway/Sidewalk: 1 Car Width, On-Street Parking
Financial Considerations
- Expenses: Garbage Collection, Hot & Cold Water
- Operating Expenses: $1,282,142
- Assessment Amount: $312,700
- Land Assmt: $132,800
- Tax Amount: $8,571
- Tax Year: 2024
Disclosures and Reports
- Exclusions: No exclusions
- Block: 738
- Lot Number: 22
Listed by Keller Williams Elite Realtors
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Schools
Schools serving 71 Erie St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No. 28 Duarte-Marti School 25 1st Street, Elizabeth, NJ 07206 | PK-8 | 0.5 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 71 Erie St
Date
Details
Price
Change
Source
10/22/2025
Price Reduced
$690,000
-1.43%
MLS
7/31/2025
Listed
$700,000
125.81%
MLS
11/07/2017
Sold
$310,000
—
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 71 Erie St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,571
6%
$445,500
1581%
2022
$8,103
2%
$26,500
—
2021
$7,936
5%
$26,500
—
2018
$7,564
-1%
$26,500
—
2019
$7,638
86%
$26,500
79%
2017
$4,107
—
$14,800
—
2016
$4,107
6%
$14,800
—
2015
$3,863
9%
$14,800
—
2013
$3,537
—
$14,800
—
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 71 Erie St
71 Erie St, Elizabeth, NJ 07206 (MLS# 3978507) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 71 Erie St is currently listed for $690,000 and was received on July 31, 2025. Want to learn more about 71 Erie 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.

