322 S 7th Street, Elizabeth, NJ 07202

$519,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,200 Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $519,000 List Date: 5/22/2026 Last Modified: 6/03/2026

Overview

Description

Great Investment Opportunity. Cash-producing large two-family property offering exceptional income potential. Each unit features 2 spacious bedrooms and 1 full bathroom, providing desirable layouts for tenants and strong rental demand. Conveniently located near major highways, public transportation, shopping, and local amenities. A solid, income-generating asset with room to grow—don't miss this opportunity.

Listing Details MLS# 22600276

Contract Info

List Price/SqFt
235.91
Property Sub-Type
Duplex
New Construction
No

Location

House Number
322
Dir.
S
Street Name
7th
Street Suffix
Street
County
Union
Municipality
Elizabeth (ELI)
Postal City
Elizabeth
State
NJ
Zip Code
07202
Area/Section
None
Complex/Subdivision
None
Directions
322 S 7th Street, Elizabeth, NJ 07202

General Property Info

# Units in Bldg
2
Full Baths
2
Total Baths
2
# Levels
2
Apx SqFt
2200
Apx Year Built
1910
Fireplace
No
Handicap Access
No
# Acres
0.05
Lot Dimensions
25 x 100
Garage
No
Pool
No
Waterfront
No
Waterview
No
Basement
Yes
# Car Garage
0

Tax and Legal

Asmnt - Total
438200
Deed Restricted
No
Special Assessment
No
Taxes
8431
Tax Year
2024

Unit 1

# Bedrooms
2
# Full Baths
Yes
Rent
1875

Unit 2

# Bedrooms
2
# Full Baths
Yes

More Information

Zoning

Multi-Family
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Basement

Partial
Yes

Cooling

Other
Yes

Water Heater

Natural Gas
Yes

Heating

Baseboard
Yes

Parking

On Street
Yes

Garage

None
Yes

Assessment Status

Assessed
Yes

Siding

Brick
Yes

Roof

Flat
Yes

Landlord Pays

Sewer
Yes
Water
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Property Features

Basement: Partial Cooling: Other Heating: Baseboard Water Heater: Natural Gas Siding: Brick Roof: Flat Garage: None Parking: On Street Zoning: Multi-Family Assessment Status: Assessed Landlord Pays: Sewer; Water Tenant Pays: Electricity; Gas
IDX
Listing Office: RE/MAX Central
Listing Agent: Michael Sclafani
Source MLS Verified
Last Updated: June - 03 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.