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700-702 Park Avenue

Elizabeth, NJ 07208
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Bed 6

Bed

Bath 5

Bath

Acres0.21

Acre(Lot)

Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a co zy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,300,000

AD Id : 86587000

MLS Id : 22619362

Beds : 6

Lot Size : 0.21 Acre

Year Built : 1920

Garage : 1

County : Union

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 5 Full Baths: 5

    Room Information

    Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    See Remarks
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, See Remarks, Baseboard Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1920 Building Area Total: 5328 Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 61.14 x 150 Main Square Feet: 0.21 Acres Lot Size Acres: 0.21 Lot Size Square Feet: 9147.6

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Elizabeth (ELI) Property SubType: Triplex Property Age: 106

  • Listing Price Information

    Listing Price: $1300000 FHA, Cash, Conventional

  • Tax Information

    Parcel Number: 04-00084-0000-00005 Tax Lot: 5 Tax Block: 84 Tax Year: 2025 Annual Tax: $19839

  • Parking Information

    See Remarks, Detached

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: ELMORA AVE TO PARK AVE. Use GPS. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
415 Magie Avenue, Elizabeth, NJ, 07208 $780,000 6 3 --
415 Magie Avenue, Elizabeth, NJ, 07208 $780,000 6 -- 2,760 2,760 SqFt
415 Magie Avenue, Elizabeth, NJ, 07208 $780,000 -- 3 2,760 2,760 SqFt
421-423 Magie Avenue, Elizabeth, NJ, 07208 $845,500 6 -- 2,745 2,745 SqFt
421-423 Magie Avenue, Elizabeth, NJ, 07208 $845,500 -- -- --
421-423 Magie Avenue, Elizabeth, NJ, 07208 $845,500 -- 5 2,745 2,745 SqFt
700-702 Park Avenue, Elizabeth, NJ, 07208 $1,300,000 -- 5 5,328 5,328 SqFt
700-702 Park Avenue, Elizabeth, NJ, 07208 $1,300,000 6 -- 5,328 5,328 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

ByOwner last updated this listing 07/19/2026 @ 16:16

MLS: 22619362 LISTED BY: Lara Jaber, Keller Williams Realty West Monmouth 732-536-9010 SOURCE: Monmouth Ocean Regional Multiple Listing Service

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