$650,000
- 6 Beds
- 2 Baths
232 Niles St, Elizabeth, NJ 07202
renovated 2 family home , 1st fl apartment is vacant now
Manuela Carvalho ALL JERSEY REALTY, LLC.

$650,000
232 Niles St, Elizabeth, NJ 07202
renovated 2 family home , 1st fl apartment is vacant now
Manuela Carvalho ALL JERSEY REALTY, LLC.
$850,000
234 Niles St, Elizabeth, NJ 07202
completely renovated a year ago , great rents
Manuela Carvalho ALL JERSEY REALTY, LLC.
$749,999
316-318 John St, Elizabeth, NJ 07202
Incredible investment opportunity! This fully occupied 4-unit multifamily offers strong rental potential in a prime Elizabeth location. Perfect for generating consistent cash flow. Ideal for investors seeking stable income or homeowners looking to live in one unit while renting out the others. Close to public transportation, major highways, shopping, and schools. Don't miss out on this
Peter Boutros EXP REALTY, LLC
$490,000
653 4th Ave, Elizabeth, NJ 07202
Fantastic Investment opportunity, whether you choose to liv in one unit and rent the other, or rent both for maximum income potential. Both units feature a spacious eat-in-Kitchen, a comfortable living room, bedrooms and great backyard for BBQs.
Flor Yamila Izquierdo EXP REALTY, LLC
$998,000
217 Atlantic St, Elizabethport, NJ 07206
Welcome to this stunning, fully completed two-family home offering the ideal combination of style, space, and convenience. Featuring 6 bedrooms, 5 full bathrooms, and a finished ground-level recreation room, this property is perfect for extended living or rental income potential. Enjoy a bright, open-concept layout with central air and forced hot air heating for year-round comfort. Elegant
MARCIA SOARES KELLER WILLIAMS MID-TOWN DIRECT
$529,000
322 S 7th St, Elizabeth, NJ 07202
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.
Michael Sclafani RE/MAX CENTRAL
$765,000
946 Elizabeth Ave, Elizabeth, NJ 07201
POST OFFICE BUILDING - Location, Location, Location, Incredible 3 unit investment building in the heart of The Elizabeth Ave Marketplace shopping district in an Urban Enterprise Zone, with a street level store leased to The United States Postal Office, a nice residential 1 bed room unit on 2nd floor rear with balcony, washer, dryer, fridge, and a large 4 room office in the front, skylights
Emerson Amador ALLIGATOR PROPERTY MANAGEMENT LLC
$3,225,000
620-622 Elizabeth Ave, Elizabeth, NJ 07206
2 Retail spaces(presently rented as one unit), 7 apartments(3-1BR,4-2BR)(6 units have balconies,1st floor does not,lease ends 6/2025)/ CAC all units/all utilities divided, individual w/s/full basement,w utility room/ Owner financing available/ Don't miss out on this one!
Ivan Gutierrez BORAIE REALTY, LLC
$580,000 Pre-Foreclosure
468 4th Ave, Elizabethport, NJ 07206
TIA CLARKE REALTY OF AMERICA
Peterstown, a suburb of Elizabeth, has evolved from its Italian American roots in the 1920s to a diverse neighborhood with a significant Latin American presence, including Cubans, Portuguese, Brazilians, and Puerto Ricans. The area is known for its walkable grid, featuring locally owned eateries and markets like Global Supermarket, La Copa Supermarket, and Citi Grocer, which specialize in Latin products. Dining options are plentiful, with notable spots such as John’s Caffé Pizza & Caterers, Minhoto Restaurant, and Del Porto. The neighborhood hosts the Peterstown Cultural Festival in late July, celebrating its Italian American heritage, along with other cultural events like Portugal Day and parades for Cuba, Peru, and Puerto Rico. Housing in Peterstown includes turn-of-the-century homes and multi-family dwellings, with prices ranging from $300,000 to $800,000. Elizabeth High, a highly rated school, serves the area. Residents enjoy outdoor activities at Mattano Park and along the Elizabeth River Parkway. The Peterstown Community Center offers a community garden and various events. Transportation is convenient, with New Jersey Transit commuter trains providing access to New York City in 40 minutes and Newark in 15 minutes. Future plans include mixed-use developments and a 25-minute ferry to Manhattan, potentially increasing housing demand.
On average, homes in Peterstown, Elizabeth sell after 33 days on the market compared to the national average of 49 days. The median sale price for homes in Peterstown, Elizabeth over the last 12 months is $440,000, up 1% from the median home sale price over the previous 12 months.
In Peterstown, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $490,000 to $3,225,000, there's something for every budget. As of May, 2025 the median home price in Peterstown, Elizabeth is $450,000, while the average sale price is $460,692, providing insight into local market trends. On average, multi-family homes spend 33 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 Peterstown, Elizabeth.