CCertihomes
71 Erie Street, Elizabeth, NJ 07206

$650,000

6 beds 2 baths 2,314 sqft Built 1900259 days on marketActive

About this home

Turnkey 2-unit property with a detached one (1) car garage perfectly situated on a corner lot. An ideal opportunity for both investors or owner-occupants looking for hassle-free income. Each unit features, 3 bedrooms and 1 bathroom modern kitchens with stainless steel appliances, renovated bathrooms, and updated flooring. Both units are designed with identical floor plans, offering a consistent layout and flow throughout the property. Close to shopping centers, schools, places of worship and major highways. The interior photographs were taken a few years ago, rental listing. If needed the seller will deliver the property vacant.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$6,099/mo

Real estate (PITI + HOA + PMI)
$5,821
Principal + interest$4,187
Property tax + insurance$1,390
PMI / 2nd mortgage$244
Utilities
$537
Heating + cooling$114
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$157
Car insurance + maintenance$157
Other (entertainment)
$143
$6,099/mo TLC
Budget$6,599/mo
Remaining after TLC$500/mo
Purchase price
$650,000
Down payment
$32,500 (5%)
Loan amount
$617,500
APR
7.19%

Quick facts

Type
2 Family
Style
Year built
1900
Lot size
0.043 ac
Stories
2
Heating
Forced Air
Cooling
None
Water
Public
HOA
Annual tax
$8,571
MLS #
2561636M
County
Union

At a glance

Basement
Garage (1)

Home features

Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Interior
Unit 1(1 Bath3 BedroomsDining RoomKitchenLiving Room)Unit 2(1 Bath3 BedroomsDining RoomKitchenLiving Room)
Exterior
Sidewalk
Community
Sidewalks
Parking
Detached CarportDetached
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Corner Lot

Neighborhood — 07206

MetricThis ZIPCountyUSA
Population23,0528,832,837299,088,112
Population Change Since19906.00%14.00%20.00%
Population Density14,4961,137
Male11,4044,307,827147,432,321
Female11,6474,525,010151,655,844
Never Married6,5481,965,81163,775,926
Married5,9083,647,435123,120,365
Separated2,232391,23912,639,686
Widowed925515,17215,467,586
Divorced1,257529,39323,075,029
Number Of House Hold6,7643,167,345111,826,380
Average House Hold Size3.382.732.60
Medial Age27.8837.1535.46
Median House Hold Income$34,216$63,392$48,276
Average House Hold Income$45,163$83,312$63,629
P C I$13,406$30,662$24,529
M D I$30,232$52,505$41,133
A T H E$40,839$61,369$50,898
S T R7.00%7.00%
W C J75.47%81.02%77.74%
(Zip) Code
7206

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 6/13/2026. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

71 Erie Street · Elizabeth — $650,000 · Certihomes