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504 Bond St, Elizabeth, NJ, 07206

9beds
3baths
2,100sqft
$779,000
$371price/sqft
$5,353/moest. monthly cost
$214,120/yrincome needed

About This Home

Exceptional investment opportunity, this well-maintained 3-family property offers a total of 9 bedrooms, providing generous living space and strong income potential. Each unit features a functional layout with ample natural light, making it ideal for both investors and owner-occupants. Located in a convenient residential neighborhood, the property benefits from close proximity to public transportation, including NJ Transit bus and rail lines, offering easy access to Newark, New York City, and surrounding areas. Enjoy nearby parks, schools, shopping centers, and dining options, along with quick access to major highways such as the NJ Turnpike and Routes 1 & 9. Whether you're looking to expand your portfolio or live in one unit while renting the others, this versatile property delivers on both location and value. Property sold strictly AS IS.

Getting Around

68
WalkingSomewhat Walkable
38
TransitSome Transit
51
BikeBikeable

Schools

8/10
Elizabeth High SchoolGrades 9-121.1 mi
4/10
T Jefferson Arts AcademyGrades 9-121.1 mi

Construction

Condition

  • Year built: 1931

Materials

  • Roof: Composition Shingle
  • Construction materials: Aluminum Siding,See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-In Closet(s),Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
  • Flooring: Tile

Heating & Cooling

  • Heating features: See Remarks,Natural Gas
  • Cooling features: See Remarks,Wall Unit(s)

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,100 sqft

Property

Details

  • Parcel number: 2904006710000000130000
  • Zoning description: Residential
  • Exclusions: Tenants belongings

Features

  • Levels: 3-Three Story
  • Stories: 3

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
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave
Lightning
Strong Wind

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 $3,939$47,268
Home Insurance *$262$3,144
Property Taxes $921$11,052
Electricity $231$2,777
Total$5,353$64,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,531/yr
40% on housing$160,590/yr
45% on housing$142,746/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

$371This listing

vs Other Active Listings

Avg $/sqft

ZIP 07206$319
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
2026-05-06Listed for sale$799,000
2015-05-26Sold$99,000

For Sale by Agent

AgentRichard Capac
BrokerageGroup Twenty Six Llc

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