450 3RD AVE #2, Elizabethport, NJ, 07206
About This Home
PRICE REDUCED Excellent income-producing opportunity. Spacious side by side multi family offering a total of 9 Bedrooms and 3 full baths, plus an attic for space storage. Nicely located near schools, with easy access to bus transportation to New York City and shopping conveniently within walking distance.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1909
Materials
- Roof: Asphalt Shingle
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Range/Oven - Electric,Water Heater From Furnace
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Eat-in Kitchen,Living Room,Master Bedroom,Storage,Attic,Eat-In Kitchen
Heating & Cooling
- Heating features: 3 Units,Radiant - Hot Water,Radiators - Hot Water,Natural Gas,Solar-Leased
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Details
- Parcel number: 2904006870000000160000
- Exclusions: Personal items
Features
- Patio & porch: Porch
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 25 x 114
Parking
- Parking features: On Street,On-Street Parking
- Has uncovered spaces: Yes
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
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $1,015 | $12,180 |
| Electricity | $220 | $2,645 |
| Total | $4,470 | $53,640 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Price change | $650,000 |
| 2026-03-22 | Price change | $700,000 |
| 2026-02-13 | Price change | $750,000 |
| 2026-01-18 | Listed for sale | $800,000 |
| 2020-12-07 | Sold | $445,000 |
For Sale by Agent
View on Zillow