322 E Jersey St, Elizabeth, NJ, 07206
About This Home
Exceptional multi-unit opportunity in the heart of Elizabeth! This versatile property features a vacant first-floor unit ready for immediate occupancy and a tenant-occupied upper unit providing instant rental income. Ideal for both investors and owner-occupants looking to live in one unit while generating supplemental income from the other. Each unit offers comfortable living space with well-sized bedrooms and baths, creating strong rental appeal and flexibility. Conveniently located near major transportation, shopping, schools, restaurants, and local amenities, making commuting and everyday living a breeze. A rare opportunity with income potential and long-term value in a prime Elizabeth location!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1909
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: See Remarks
Basement
- Has basement: Yes
- Basement: Yes,Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Kitchen,Living Room
Heating & Cooling
- Heating features: Electric Filter,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 2,079
- Total interior livable area: 2,079 sqft
Property
Details
- Parcel number: 2904007290000000040000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: 25 x 100
Parking
- Parking features: None
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
- Winter Weather
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
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 | $3,028 | $36,336 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $739 | $8,868 |
| Electricity | $229 | $2,750 |
| Total | $4,198 | $50,376 |
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 |
|---|---|---|
| 2026-07-02 | Price change | $599,000 |
| 2026-06-18 | Listed for sale | $625,000 |
| 2026-06-11 | Listing removed | $625,000 |
| 2026-05-27 | Listed for sale | $625,000 |
| 2022-07-01 | Sold | $515,000 |
| 2022-04-05 | Listed for sale | $399,000 |
| 2018-07-09 | Listing removed | $325,000 |
| 2017-07-15 | Pending sale | $325,000 |
| 2017-06-26 | Listed for sale | $325,000 |
| 2016-06-28 | Listing removed | $325,000 |
| 2015-07-16 | Listed for sale | $325,000 |
| 2011-04-04 | Sold | $330,000 |
| 2010-08-26 | Sold | $22,500 |
| 2010-03-23 | Sold | $60,000 |
| 2007-03-21 | Sold | $240,000 |
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