9

Peterstown Multifamily Homes & Duplexes for Sale

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  • /9

    $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.

    232 Niles St, Elizabeth, NJ 07202
  • /16

    $850,000

    • 9 Beds
    • 4 Baths

    234 Niles St, Elizabeth, NJ 07202

    completely renovated a year ago , great rents

    Manuela Carvalho ALL JERSEY REALTY, LLC.

    234 Niles St, Elizabeth, NJ 07202
  • /39

    $749,999

    • 6 Beds
    • 4 Baths

    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

    316-318 John St, Elizabeth, NJ 07202
  • /10

    $490,000

    • 2 Beds
    • 1 Bath

    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

    653 4th Ave, Elizabeth, NJ 07202
  • /32

    $998,000

    • 6 Beds
    • 5 Baths

    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

    217 Atlantic St, Elizabethport, NJ 07206
  • /4

    $529,000

    • 6 Beds
    • 2 Baths

    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

    322 S 7th St, Elizabeth, NJ 07202
  • /42

    $765,000

    • 2 Beds
    • 2.5 Baths

    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

    946 Elizabeth Ave, Elizabeth, NJ 07201
  • /17

    $3,225,000

    • 11,608 Sq Ft

    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

    620-622 Elizabeth Ave, Elizabeth, NJ 07206
  • /2

    $580,000 Pre-Foreclosure

    • 5 Beds
    • 3 Baths

    468 4th Ave, Elizabethport, NJ 07206

    TIA CLARKE REALTY OF AMERICA

    468 4th Ave, Elizabethport, NJ 07206

Why Live in Peterstown

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.

Home Trends in Peterstown, NJ

Housing Trends

Median Sale Price
$440,000
Median Single Family Sale Price
$452,500
Median Townhouse Sale Price
$420,000
Number of Homes for Sale
2
Last 12 months Home Sales
13
Months of Supply
1.80
Median List Price
$450,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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