$1,099,900
OPEN SUN 1PM - 4PM NEW CONSTRUCTION

429 Niles St Unit 431 Elizabeth, NJ 07202

Peters Neighborhood

Estimated payment $6,354/month

Total Views 415
6 Beds
5.5 Baths
3,850 Sq Ft
$286 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Under Construction
  • Elizabeth High School Rated A

About This Home

Brand New 2-Family Home in Desirable Peterstown! Discover modern luxury and a smart investment in this brand-new 2-family home, perfectly located in Elizabeth's highly sought-after Peterstown section. This is a rare opportunity offering peace of mind with a 10-year builder's warranty and significant savings from a 5-year tax abatement. Unit 1 (Owner's unit): This stunning two-level unit boasts 3 large bedrooms, 2 full bathrooms, and a connected ground floor a versatile family room, an additional half bath, and a dedicated laundry room. Unit 2 features 3 spacious bedrooms and 2 full, contemporary bathrooms, all on one convenient level.Both units are appointed with top-quality, modern finishes, including gleaming hardwood floors, quartz countertops, and stainless steel appliances. This property is perfect for an owner-occupant seeking rental income or a savvy investor looking for a turnkey asset. Enjoy a prime location just moments from fantastic restaurants and shopping, with easy access to the NJ Turnpike for a quick commute. Don't miss this opportunity. Schedule your tour today!

Listing Agent

JORGE CASALINS

REAL Brokerage Phone: 908-220-7151 Listed on: 10/28/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Community Details

  • 3,850 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2904-00529-0000-00016-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,022

Year Built

Built in 2025 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2025
  • Year Built Description: Under Construction
  • County Name: Union
  • Directions: 4th Ave to Niles
  • I D: 5394128
  • Section Subdiv Development: Peterstown
  • Attribution Contact: 908-220-7151
  • MLS Status: Active
  • Special Features: 3
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Bedrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Roof Description: Flat

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Lot Info

  • Lot Size: 37X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7022
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00529-0000-00016-0000-
  • Tax Rate Amount: 1.924
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,023 $170,500 $170,500 --
2024 $10,026 $365,000 $170,500 $194,500
2023 $9,755 $31,900 $8,700 $23,200
2022 $9,755 $31,900 $8,700 $23,200
2021 $9,553 $31,900 $8,700 $23,200
2020 $9,337 $31,900 $8,700 $23,200
2019 $9,195 $31,900 $8,700 $23,200
2018 $9,105 $31,900 $8,700 $23,200
2017 $8,851 $31,900 $8,700 $23,200
2016 $8,852 $31,900 $8,700 $23,200
2015 $8,326 $31,900 $8,700 $23,200
2014 $8,076 $31,900 $8,700 $23,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 For Sale $1,099,900 -- $286 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $350,000 Wfg National Title
Bargain Sale Deed $350,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 Construction
Closed $660,000 Construction
Source: Public Records

Source: Garden State MLS

MLS Number: 3995018

Garden State MLS

APN: 04-00007-0000-00964-D