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442 Elizabeth Ave, Elizabeth, NJ, 07206

3beds
3baths
3,483sqft
$750,000
$215price/sqft
$5,376/moest. monthly cost
$215,040/yrincome needed

About This Home

This property is perfect for both investors and homeowners looking to generate additional income. It features a mixed-use layout in a busy retail area. The first floor includes a restaurant that provides a substantial income. The second floor consists of a spacious two-bedroom apartment, which is vacant. While the third floor has a comfortable one-bedroom unit. Recent upgrades include newly installed boilers.

Getting Around

88
WalkingVery Walkable
35
TransitSome Transit
56
BikeBikeable

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: See Remarks,Range/Oven - Gas,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • See Remarks,Bedrooms,Eat-In Kitchen,Living/Dining Room,Master Bedroom,Storage,Family Room

Heating & Cooling

  • Heating features: 3 Units,Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,483
  • Total interior livable area: 3,483 sqft

Property

Accessibility

  • Accessibility features: Handicap Modified

Details

  • Parcel number: 2904006810000000100000

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Patio & porch: Porch

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 25 x 156 98

Parking

  • Total spaces: 1
  • Parking features: Off Street
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$252$3,024
Property Taxes $949$11,388
Electricity $383$4,607
Total$5,376$64,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,320/yr
40% on housing$161,280/yr
45% on housing$143,360/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 07206$321
Union County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 07206$307
Union County$416

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Listed for sale$785,000
2026-05-10Listing removed$799,999
2026-03-18Listing removed$2,000
2026-03-08Price change$799,999
2026-03-04Listed for rent$2,000
2026-01-20Price change$805,000
2026-01-01Listed for sale$830,000
2022-10-07Sold$520,000
2019-12-26Sold$269,000

For Sale by Agent

AgentMenachem Silberman
BrokerageKeller Williams Mid-Town Direct

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