322 South 7th Street

Elizabeth, NJ 07202

$585,000
Price
6
Beds
2,200 Sq. Ft.
$266 / Sq. Ft.
2,200
Sq. Ft.
$266
per Sq. Ft.

Description

Great Investment Opportunity in Elizabeth! Large Two-Family property with full basement. All utilities are split. Both Units are large 3BR/1BA apartments. Located by all major highways. The property is being sold strictly ''As Is'' and Buyer is responsible for CO. Property is currently fully occupied and will be delivered occupied at closing.Great Investment Opportunity in Elizabeth! Large Two-Family property with full basement. All utilities are split. Both Units are large 3BR/1BA apartments. Located by all major highways. The property is being sold strictly ''As Is'' and Buyer is responsible for CO. Property is currently fully occupied and will be delivered occupied at closing.
  1. Listed by Michael Sclafani • RE/MAX Central

Property Details for 322 South 7th Street

Complex/Subdivision
None
Zoning
Multi-Family
New Construction
No
Waterview
No
Directions
322 S 7th Street, Elizabeth, NJ 07202
LISTING UPDATED: 01/02/2025 08:31 AM

Property Details for 322 South 7th Street

StatusActive
MLS #22500084
Days on Market4
Taxes$8,675 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Family
Year Built1910
Lot Size0.06 AC / 2,613 SF
CountyUnion County

Building Information for 322 South 7th Street

Stories2Residences2Year Built1910Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 322 South 7th Street

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Elizabeth
  • State: NJ
  • Municipality: Elizabeth (ELI)
  • Dir: S
  • # Units in Bldg: 2
  • Block: 604
  • Apx Year Built: 1910.0
Parking
  • Garage: None
  • Parking: On Street
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 04-00604-0000-00005
  • Taxes: $8,675.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 2200.0
  • # Acres: 0.06
  • Lot: 5
  • Lot Dimensions: 25 x 100
Property and Assessments
  • Assessment - Total: 438200.0
  • Assessment - Improvements: 300900.0
  • Assessment Status: Assessed
  • Special Assessment: No
  • Asmnt - Land: 137300.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Two Family
Utilities
  • Handicap Access: No
  • Fireplace: No
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Flat
Interior Features
  • # Levels: 2
  • Basement: Partial
  • Bedrooms: 6
  • Siding: Brick
Multi Family
Unit 1
  • Unit 1: Gas Meter, Refrigerator, Gas Stove
  • Unit 1: Primary Bedroom Level: 1
  • Unit 1: # Bedrooms: 3
  • Unit 1: # Full Baths: 1
  • Unit 1: Rent: $1,875.00
Unit 2
  • Unit 2: Gas Meter, Gas Stove, Refrigerator
  • Unit 2: # Bedrooms: 3
  • Unit 2: Bedroom Level: 2
  • Unit 2: # Full Baths: 1
  • Unit 2: Rent: $1,805.00
Unit 3
  • Unit 3: Primary Bedroom Level: 2
Income & Expenses Information
  • Landlord Pays: Sewer
  • Tenant Pays: Electricity, Gas

Property History for 322 South 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 322 South 7th Street

Taxable ValueLand$137,300Additions$300,900Total$438,200
Tax Record2023$8,675 ($723 / month)
Home Facts
Total Finished SqFt2,200 SqFtAbove Grade Finished SqFt2,200 SqFtLot Size2,500 SqFtStyleDuplexYear Built1910CountyUNIONAPN04 00604-0000-00005

Schools near 322 South 7th Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elizabeth High School
Public9 to 12

Adm W F Halsey Leadership Academy
Public9 to 12

John E Dwyer Tech Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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322 South 7th Street is a multi-family home for sale in Elizabeth, NJ 07202. This property was listed for sale on January 2, 2025 by RE/MAX Central, it's currently listed at $585,000. It has been on the market for a total of 4 days and was last sold on April 5, 2019. This listing's school district is Elizabeth Public School District. Nearby schools include Number 15, Christopher Columbus Elementary School, Elizabeth High School and Adm W F Halsey Leadership Academy. 322 South 7th Street is a 6-bed, 0-bath, 2,200 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Central, Michael Sclafani

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/06/2025 08:28 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/06/2025 08:28 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.