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$729,900
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Property Description
Excellent investment or owner-occupant opportunity in the desirable North Elizabeth section, conveniently located near the North Elizabeth Station with easy access to the New Jersey Turnpike, U.S. Routes 1 & 9, and Newark Liberty International Airport. The North Elizabeth area is known for its convenient transportation access and proximity to major highways and employment centers. This spacious, recently updated two-family dwelling features large units with modern improvements throughout. Conveniently located near restaurants, shopping, schools, public transportation, and everyday amenities. Close to NJ Transit train service, easy access to NYC, Newark, Routes 1 & 9, and the New Jersey TurnpikeMinutes from Newark Liberty International Airport, near shopping, dining, and local conveniences. Don't miss this opportunity to own a well-maintained multi-family property in a prime commuter location!
Full Property Details
Full Property Details for 716 - 718 Monroe Ave
General
- Price: $729,900
- Taxes: $9,009 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4033621
- Updated: 6/11/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: FencPriv, FencVnyl, FencWood
Location
- County: Union
- Subdivision: North Avenue
- Driving Directions: North Avenue to Monroe Avenue
Heating & Cooling
- Cooling Type: 3 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished-Partially, French Drain, Full, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1960
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Storage
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Storage
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 30 x 150
- Driveway/Sidewalk: On-Street Parking
- Lot Description: Level Lot
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $262,400
- Land Assmt: $184,300
- Tax Amount: $9,009
- Tax Year: 2025
Disclosures and Reports
- Block: 224
- Lot Number: 21
Listed by Rosa Agency
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Schools
Schools serving 716 - 718 Monroe Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 6, Marquis Delafayette Elementary School 1071 Julia Street, Elizabeth, NJ 07201 | PK-8 | 0.3 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.1 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.1 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.2 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.4 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 716 - 718 Monroe Ave
Date
Details
Price
Change
Source
6/10/2026
Listed
$729,900
—
MLS
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 716 - 718 Monroe Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,595
-19%
$446,700
—
2023
$10,655
3%
$446,700
1218%
2022
$10,366
2%
$33,900
—
2021
$10,152
5%
$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
—
2019
$9,771
21%
$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 716 - 718 Monroe Ave
716 - 718 Monroe Ave, Elizabeth, NJ 07201 (MLS# 4033621) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 716 - 718 Monroe Ave is currently listed for $729,900 and was received on June 10, 2026. Want to learn more about 716 - 718 Monroe 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.

