See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

949 Olive St, Elizabeth, NJ, 07201

7beds
5baths
0sqft
$740,000
--price/sqft
$5,151/moest. monthly cost
$206,040/yrincome needed

About This Home

Getting Around

77
WalkingVery Walkable
52
TransitGood Transit
52
BikeBikeable

Schools

8/10
Elizabeth High SchoolGrades 9-120.7 mi
4/10
T Jefferson Arts AcademyGrades 9-120.7 mi

Construction

Condition

  • Year built: 2009

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven - Gas
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Bedrooms,Kitchen,Living Room,Master Bedroom,Storage

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Natural Gas
  • Cooling features: 2 Units

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2904005660000000230000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,Built-In Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

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

How This Home’s Risks Compare

Winter Weather
Cold Wave
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 $3,741$44,892
Home Insurance *$305$3,660
Property Taxes $912$10,944
Electricity $193$2,318
Total$5,151$61,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,605/yr
40% on housing$154,530/yr
45% on housing$137,360/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07201$305
Union County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 07201$340
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
2026-02-15Listed for sale$740,000
2009-12-10Sold$350,000
2009-05-29Sold$65,000
2005-10-12Sold$238,100
2002-08-26Sold$138,000
2001-01-23Sold$99,500
2000-08-07Sold$99,500

For Sale by Agent

AgentTajudeen A Ajadi
BrokerageLara Realty Corp

Similar Homes