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738 Edgar Rd, Elizabeth, NJ, 07202

4beds
2baths
1,736sqft
$529,000
$305price/sqft
$3,702/moest. monthly cost
$148,080/yrincome needed

About This Home

Income Producing Opportunity! This recently renovated units offers two spacious units, each featuring 2 bedrooms and 1 full bath perfect for owner-occupants, investors, or multi-generational living. Enjoy a full basement with plenty of storage and expansion possibilities, plus a private backyard ideal for outdoor gatherings, gardening, or relaxing. Conveniently located near major highways, public transportation, shopping, dining, schools, and everyday amenities, making commuting and daily errands a breeze. Live in one unit and collect rental income from the other, or maximize your investment by renting both units. Whether you're looking to build wealth, generate steady cash flow, or secure a versatile property with long-term potential, this is an opportunity you won't want to miss. Schedule your showing today!

Getting Around

85
WalkingVery Walkable
39
TransitSome Transit
54
BikeBikeable

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(See Remarks,Gas),Water Heater

Basement

  • Has basement: Yes
  • Basement: Partially Finished, Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)

Heating & Cooling

  • Heating features: Radiators-Hot Water
  • Cooling features: A/C Wall Unit(s)

Interior Area

  • Total structure area: 1,736
  • Total interior livable area: 1,736 sqft

Property

Details

  • Parcel number: 0400442000000009

Features

  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Patio

Lot

  • Lot size: 1,999 sqft
  • Features: Near Shopping,Near Train,Near Public Transit
  • Lot size dimensions: 80.00 x 0.00

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
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather

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 $2,674$32,088
Home Insurance *$183$2,196
Property Taxes $652$7,824
Electricity $193$2,318
Total$3,702$44,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,925/yr
40% on housing$111,060/yr
45% on housing$98,720/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

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 07202$256
Union County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 07202$355
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
2026-07-27Price change$529,000
2026-06-20Listed for sale$549,000
2026-01-16Listing removed$2,200
2026-01-10Listed for rent$2,200
2026-01-09Sold$475,000
2025-12-09Pending sale$499,000
2025-07-13Price change$499,000
2025-06-13Listed for sale$549,000
2025-06-12Listing removed$535,000
2024-12-11Listed for sale$535,000
2021-03-24Listing removed--
2019-11-23Listing removed$1,500
2019-10-23Listed for rent$1,500
2018-12-11Listing removed$1,500
2018-11-12Listed for rent$1,500
2018-05-14Listing removed$1,500
2018-05-05Listed for rent$1,500
2018-05-04Sold$200,000
2018-03-07Pending sale$200,000
2018-02-07Price change$200,000
2018-01-09Price change$228,000
2017-12-20Listed for sale$239,000

For Sale by Agent

AgentPETER BOUTROS
BrokerageEXP REALTY, LLC

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