$600,000

478 Walnut St Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated payment $3,830/month

3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceiling Fan
  • Elizabeth High School Rated A
  • 2-minute walk to Jefferson Park

About This Home

Prime investment opportunity in the heart of Elizabeth, NJ! This well-kept two-family home offers comfortable living on both levels, with bright interiors and functional layouts ideal for either owner-occupancy or rental income. The property includes a shared driveway for convenient off-street parking and a private backyard perfect for outdoor relaxation or entertaining. Centrally located near shopping, restaurants, public transportation, and major highways, this home provides the perfect blend of convenience and strong rental potential. Property is being sold in as-is condition. Buyer is responsible for obtaining the Smoke & CO certificate.

Listing Agent

Andrea Alummootil

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 201-406-8015 Listed on: 08/19/2025

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,011

Year Built

  • Built in 1900

Parking

  • 1 Parking Space

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator

Additional Features

  • Ceiling Fan
  • 3,485 Sq Ft Lot
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2904-00256-0000-00017-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,011

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: GOOGLE MAPS
  • I D: 5379549
  • Attribution Contact: 201-406-8015
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 32X110
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.08

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8011
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00256-0000-00017-0000-
  • Tax Rate Amount: 1.924
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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 $8,012 $416,400 $157,200 $259,200
2024 $8,706 $416,400 $157,200 $259,200
2023 $8,706 $27,700 $8,100 $19,600
2022 $8,470 $27,700 $8,100 $19,600
2021 $8,296 $27,700 $8,100 $19,600
2020 $8,108 $27,700 $8,100 $19,600
2019 $7,984 $27,700 $8,100 $19,600
2018 $7,906 $27,700 $8,100 $19,600
2017 $7,686 $27,700 $8,100 $19,600
2016 $7,686 $27,700 $8,100 $19,600
2015 $7,229 $27,700 $8,100 $19,600
2014 $7,013 $27,700 $8,100 $19,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 For Sale $575,000 -4.2% --
11/08/2025 11/08/25 For Sale $600,000 0.0% --
08/20/2025 08/20/25 Off Market $600,000 -- --
08/19/2025 08/19/25 For Sale $600,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,100 No Value Available
Source: Public Records

Source: Garden State MLS

MLS Number: 3982166

Garden State MLS

APN: 04-00012-0000-01306

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

478 Walnut St, Elizabeth, NJ

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Andrea Alummootil
Listing Agent
Andrea Alummootil
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KELLER WILLIAMS CITY VIEWS REALTY
(908) 641-3740