$629,000

474 Walnut St Unit 6 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated payment $4,096/month

Total Views 12,876
5 Beds
3 Baths
2,300 Sq Ft
$273 Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Wood Fence
  • 2-minute walk to Jefferson Park
  • Elizabeth High School Rated A
  • Level Lot

About This Home

Great potential for both investors and owner-occupants alike. This legal 3-Family located in a desirable Elizabeth neighborhood is in close proximity to local businesses and NYC transportation. Unit #3 (top floor) is a studio apartment that was recently updated. The basement, that has good headroom and a separate entrance, could be finished to create additional space. Detached 2-Car Garage could be used for additional rent.

Listing Agent

STEPHEN OHM

WEICHERT REALTORS Brokerage Phone: 908-868-0904 Listed on: 03/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,285

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Winfield Elementary School
  • Elizabeth High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2,300 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2904-00256-0000-00016-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,285

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 474
  • Directions: North Broad to Magnolia or Fairmount to Walnut.
  • I D: 5347378
  • Modified: 2025-09-07
  • Number Images: 24
  • Section Subdiv Development: KEIGHRY HEAD / NORTH END
  • Attribution Contact: 908-868-0904
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
  • Total Number Rooms: 10
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Metal Fence, Sidewalk, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 3 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Winfield
  • High School: Elizabeth
  • High School: Elizabeth

Lot Info

  • Lot Size: 40X110
  • Assessed Improvement Value: 295400
  • Assessed Land Value: 187200
  • Assessment: 482600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9285
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00256-0000-00016-0000-
  • Tax Rate Amount: 1.924
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 3

MLS Schools

  • Grade School: Winfield

Map

Range of Values:

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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
2022 $10,641 $34,800 $9,500 $25,300
2021 $10,422 $34,800 $9,500 $25,300
2020 $10,186 $34,800 $9,500 $25,300
2019 $10,031 $34,800 $9,500 $25,300
2018 $9,933 $34,800 $9,500 $25,300
2017 $9,656 $34,800 $9,500 $25,300
2016 $9,657 $34,800 $9,500 $25,300
2015 $9,082 $34,800 $9,500 $25,300
2014 $8,810 $34,800 $9,500 $25,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 For Sale $629,000 -- $273 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $70,000 --
Source: Public Records

Source: Garden State MLS

MLS Number: 3953820

Garden State MLS

APN: 04-00012-0000-01305

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

474 Walnut St Unit 6, Elizabeth, NJ

This home is located at 474 Walnut St Unit 6, Elizabeth, NJ 07201 and is currently priced at $629,000, approximately $273 per square foot. This property was built in 1900. 474 Walnut St Unit 6 is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

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Nearby Homes
Listing Agent
STEPHEN OHM
WEICHERT REALTORS