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Bayway Multifamily Homes & Duplexes for Sale

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  • 715 Summer St Unit 2, Elizabeth, NJ 07202
    715 Summer St Unit 2, Elizabeth, NJ 07202
    715 Summer St Unit 2, Elizabeth, NJ 07202
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    $865,000 Open Sun 1PM - 5PM

    • 5 Beds
    • 4.5 Baths

    715 Summer St Unit 2, Elizabeth, NJ 07202

    Fully renovated mixed-use property in the heart of Elizabeth featuring a leased commercial space on the first floor and a spacious multi-level residential unit above, offering 5 bedrooms and 4 full bathrooms. Both units are currently rented, providing immediate income potential. The upper unit offers a flexible layout ideal for large households or rental strategies. With separate entrances,

    JUANA GOMEZ-VALDEZ PREMIER HOMES

    715 Summer St Unit 2, Elizabeth, NJ 07202
  • 612 Grier Ave, Elizabeth, NJ 07202
    612 Grier Ave, Elizabeth, NJ 07202
    612 Grier Ave, Elizabeth, NJ 07202
    /29

    $600,000 Open Sun 1PM - 3PM

    • 4 Beds
    • 3.5 Baths
    • 1,717 Sq Ft

    612 Grier Ave, Elizabeth, NJ 07202

    Welcome to 612 Grier Ave, a unique and flexible opportunity for anyone seeking supplemental rental income. This thoughtfully designed multi-unit property offers 4 bedrooms and 3.5 bathrooms across three separate living spaces, all in a quiet yet convenient neighborhood.Unit 1 on the main level features 1 bedroom, 1 full bath, and a bright eat-in kitchen with a comfortable

    Jacob Khodakov Signature Realty NJ

    612 Grier Ave, Elizabeth, NJ 07202
  • 738 Edgar Rd, Elizabeth, NJ 07202
    738 Edgar Rd, Elizabeth, NJ 07202
    738 Edgar Rd, Elizabeth, NJ 07202
    /6

    $499,000

    • 4 Beds
    • 2 Baths

    738 Edgar Rd, Elizabeth, NJ 07202

    Two-Family Home in Elizabeth with great potential. Each unit offers living and dining area and separate utilities. Conveniently located near public transportation, shopping, and major highways.AS-IS Sale

    OSCAR LUIS CORTIZO THE ARENDEL GROUP LLC

    738 Edgar Rd, Elizabeth, NJ 07202
  • 459 Maple Ave Unit 2, Elizabeth, NJ 07202
    459 Maple Ave Unit 2, Elizabeth, NJ 07202
    459 Maple Ave Unit 2, Elizabeth, NJ 07202
    /16

    $625,000

    • 5 Beds
    • 2 Baths
    • 2,483 Sq Ft

    459 Maple Ave Unit 2, Elizabeth, NJ 07202

    Location, Location, Location. Welcome to this well-maintained Multifamily home. You can live in one unit and rent second unit, or simple rent both units and make passive income. First unit features Living room, Dining Room, kitchen with center island, 1 bath, two bedrooms. Second unit features, Living Room, Dining Room, Kitchen, 1 bath and 3 bedrooms. Must See!!! it wont last!

    KATHY BUTTS ERA REED REALTY, INC

    459 Maple Ave Unit 2, Elizabeth, NJ 07202
  • 914 South St, Elizabeth, NJ 07202
    914 South St, Elizabeth, NJ 07202
    914 South St, Elizabeth, NJ 07202
    /24

    $730,000

    • 6 Beds
    • 3.5 Baths

    914 South St, Elizabeth, NJ 07202

    Welcome to 914 South Street in Elizabeth, a prime two-family home ideal for both investors and first-time buyers. This property features well-maintained units, each with spacious layouts, and a fully finished basement with separate storage areas for added convenience. **Investment Appeal:** Perfect for generating dual rental income in a high-demand location. **Location Perks:** - **Public

    Kadir Temer NATIONWIDE HOMES REALTY LLC

    914 South St, Elizabeth, NJ 07202
New Jersey Elizabeth Bayway

Multi-Family Homes & Duplexes for Sale in Bayway, Elizabeth

Why Live in Bayway
Bayway, located in Elizabeth, has evolved from its oil refinery roots into a neighborhood with a growing housing market and convenient access to transportation routes. The area features a mix of colonial and slightly Victorian multifamily homes, many with sharp gabled rooflines, bay windows, and symmetrical bases. Newer single-owner homes built in the 2020s showcase modern Craftsman styles with stone accents. Elizabeth High, a highly rated school, serves the community, offering strong academics and diverse extracurricular activities, including a robotics club. Bayway boasts several green spaces, such as Caldwell Park and Mattano Park, which provide recreational facilities like skate parks, athletic fields, and spray parks. The neighborhood's dining scene is diverse, with numerous Latin American restaurants, including Cuban, Peruvian, and Colombian options, as well as casual eateries like Santillo's Brick Oven Pizza. For shopping, residents frequent Seabra's Market, Shop Rite, and The Mills at Jersey Garden mall. Commuters benefit from proximity to Interstate 278, Interstate 95, and the Goethals Bridge, making the 18-mile trip to New York City manageable. Newark International Airport and Newark Penn Station are also nearby. Despite its industrial history and environmental concerns related to the local refinery, Bayway's crime rate is comparable to the national average.
Learn more about living in Bayway

Home Trends in Bayway, NJ

On average, homes in Bayway, Elizabeth sell after 79 days on the market compared to the national average of 69 days. The median sale price for homes in Bayway, Elizabeth over the last 12 months is $477,275, down 65% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$477,275
Median Single Family Sale Price
$380,000
Median Townhouse Sale Price
$349,000
Median 2 Bedroom Sale Price
$477,275
Average Price Per Sq Ft
$233
Number of Homes for Sale
4
Last 12 months Home Sales
32
Months of Supply
1.50
Median List Price
$477,275
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-65%
How to Buy a Home How to Finance a Home How to Sell a Home

In Bayway, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $499,000 to $865,000, there's something for every budget. As of July, 2025 the median home price in Bayway, Elizabeth is $477,275, while the average sale price is $471,049, providing insight into local market trends. On average, multi-family homes spend 79 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Bayway, Elizabeth.

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