14 Spencer St, Elizabeth, NJ, 07202
About This Home
Great investment or Owner-occupied opportunity in the heart of Elizabeth! This newly constructed two-family home offers two separate units, each with spacious layouts and abundant natural light. The property features a solid structure, separate utilities, and ample living space, making it ideal for investors or home owners looking to offset their mortgage with rental income. Conveniently located near public transportation, major highways, shopping, schools, and local amenities, this property provides easy access to NYC and surrounding areas. Whether you're expanding your investment portfolio or searching for a home that has endless potential in a desirable neighborhood. Don't miss this opportunity to own a versatile two-family property in a prime location.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 2022
Materials
- Roof: Asphalt Shingle
- Construction materials: Stone,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range/Oven - Gas,Refrigerator,Washer,Microwave Oven
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Bedrooms,Dining Room,Kitchen,Living Room
Heating & Cooling
- Heating features: 2 Units,Natural Gas
- Cooling features: 2 Units,Central Air
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2904006560000000100000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: 25 x 100
Parking
- Total spaces: 2
- Parking features: 2 Car Width,Concrete
- Uncovered spaces: 2
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 | $4,798 | $57,576 |
| Home Insurance * | $328 | $3,936 |
| Property Taxes | $1,170 | $14,040 |
| Electricity | $193 | $2,318 |
| Total | $6,489 | $77,868 |
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 |
|---|---|---|
| 2026-01-14 | Listed for sale | $949,000 |
| 2022-02-25 | Sold | $725,000 |
| 2021-08-26 | Listed for sale | $719,000 |
| 2021-02-25 | Sold | $110,000 |
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