159 2nd St Elizabethport, NJ 07206
Elizabethport NeighborhoodEstimated payment $3,360/month
Highlights
- Level Lot
- Elizabeth High School Rated A
- 1-minute walk to Jackson Park
About This Home
With home prices skyrocketing, this is your chance to grab an amazing investment without breaking the bank. Great Opportunity for Owner-Occupants or Savvy Investors! Featuring low property taxes and priced to reflect the updates needed, this property is a smart buy for anyone looking to build equity., making it a smart choice for those ready to renovate. Flexible layout full of potential and finished attic in conjunction with 2nd floor. Live in one unit and rent the other, or maximize returns by renting both! Ideal for buyers using **203k renovation loans, conventional financing, cash, or hard money** Please note: **Sold as-is.**Schedule your showing today. Don't miss out opportunities like this are rare in today's market!
Listing Agent
JUAN CAMILO VICTORIA
WORLD CLASS REALTY GROUP Brokerage Phone: 908-364-4000 Listed on: 05/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,946
Lot Details
- 2,614 Sq Ft Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Slab Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2904-00805-0000-00051-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,946 | $413,000 | $128,300 | $284,700 |
| 2024 | $6,255 | $413,000 | $128,300 | $284,700 |
| 2023 | $6,255 | $19,900 | $5,400 | $14,500 |
| 2022 | $6,085 | $19,900 | $5,400 | $14,500 |
| 2021 | $5,960 | $19,900 | $5,400 | $14,500 |
| 2020 | $5,825 | $19,900 | $5,400 | $14,500 |
| 2019 | $5,736 | $19,900 | $5,400 | $14,500 |
| 2018 | $5,680 | $19,900 | $5,400 | $14,500 |
| 2017 | $5,522 | $19,900 | $5,400 | $14,500 |
| 2016 | $5,522 | $19,900 | $5,400 | $14,500 |
| 2015 | $5,194 | $19,900 | $5,400 | $14,500 |
| 2014 | $5,038 | $19,900 | $5,400 | $14,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Price Changed | $499,000 | -0.2% | -- |
| 05/27/2025 05/27/25 | For Sale | $499,900 | +112.7% | -- |
| 12/27/2019 12/27/19 | Sold | $235,000 | +2.6% | -- |
| 10/24/2019 10/24/19 | Pending | -- | -- | -- |
| 10/10/2019 10/10/19 | For Sale | $229,000 | +44.9% | -- |
| 07/10/2017 07/10/17 | Sold | $158,000 | -1.3% | -- |
| 05/23/2017 05/23/17 | Pending | -- | -- | -- |
| 02/27/2017 02/27/17 | For Sale | $160,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $158,000 | Northern New Jersey Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | Unknown | |
| Closed | $238,000 | Commercial | |
| Closed | $155,138 | FHA |
Source: Garden State MLS
MLS Number: 3965331
APN: 04-00002-0000-00831
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