$629,900

614 12 4Th Ave, Elizabeth City, NJ 07202

4 beds |
3 baths

Multi-Family Home
Built in 1900
1,307sqft lot
—— car garage
$——/sqft
Listed 29 days ago

Property Description

Check out this amazing income-generating multifamily home! Why pay a mortgage when your house can pay it for you? Welcome to 614 1/2 Fourth Ave, a rare and versatile multi-family opportunity tucked away in one of Elizabeth's most convenient pockets - Peterstown. Whether you are looking to "house-hack" by living in one unit and renting the other, or you're an investor looking for a turn-key addition to your portfolio, this property delivers on every level. Two Modern Units: Bright, airy, and updated apartments featuring open layouts, contemporary kitchens with quartz counters, and stylish flooring. Bonus Value: The fully finished basement is a total game-changer! Perfect for a home office, recreation room, or massive storage area, adding significant usable square footage to the property. Separate Utilities: Ease of management with separate meters, making this a low-stress investment. All with an incredibly low property tax! Commuter's Dream: Located just minutes from the Elizabeth Train Station (Direct to NYC) and Newark Liberty International Airport. High Rental Demand: Situated near major employers, local hospitals, and the Jersey Gardens shopping hub. INVESTOR ALERT: This isn't just a home; it's a strategic asset. With a finished basement and two renovated units, the rental upside here is massive for the Elizabeth market. Don't wait for the "Sold" sign. Multi-family homes of this caliber with the added bonus of a finished basement are a rare find in today's market.

Listing Status:: Active
Data Last Updated:: February 6, 2026 at 11:40PM
Listing Office:: REAL : 855-450-0442
MLS ID:: 4004287

Basement: FinishedFullWalkout
A/C: Window A/C(s)
Heating: Baseboard - HotwaterGas-Natural

General: Vinyl SidingDeck
Parking: Parking spaces: 0

Roofing: Asphalt Shingle

County: Union

Driveway: On-Street Parking
Zoning: 2904-00540-0000-00012-0000-

Utilities: Gas-Natural
Water: Public Water
Sewer: Public Sewer

Presented by Veterans United Realty

This listing courtesy of REAL

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Property Taxes $
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Location

Schools Nearby

Nicholas S. Lacorte-Peterstown School #3

700 2nd Ave, Elizabeth, NJ, 07202

Grades PK-8

0.25 miles away

Nicholas S. Lacorte-Peterstown School #3

700 2nd Ave, Elizabeth, NJ, 07202

Grades PK-8

0.25 miles away

John E. Dwyer Technology Academy

123 Pearl St, Elizabeth, NJ, 07202

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.