Closed$525,000
TLC ≈ $5,014/mo
5 3 7,152 sqft
57-61 Pomona Avenue #61, Newark, NJ 07112
540-542 Jefferson Avenue, Elizabeth, NJ 07201
$750,000
0 beds 2 baths 2,544 sqft Built 189014 days on marketClosed
About this home
Well-maintained, fully renovated 2-family property at 540 Jefferson Ave in Elizabeth, NJ. Each unit offers updated finishes, plus a finished basement with direct exterior access for extra space. Situated on a large lot with a huge backyard perfect for entertaining and a private driveway with parking for 6+ cars. Conveniently located near NJ Turnpike, Routes 1&9, NJ TRANSIT, Newark Airport, shopping, parks, and schools. Ideal for owner-occupants or investors seeking rental income. Being sold AS-IS; buyer responsible for township inspections
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
$7,045/mo
- Real estate (PITI + HOA + PMI)
- $6,802
- Utilities
- $541
- Transportation
- $157
- Other (entertainment)
- $143
Principal + interest$4,832
Property tax + insurance$1,689
PMI / 2nd mortgage$281
Heating + cooling$116
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$157
Budget$7,545/mo
Remaining after TLC$500/mo
Purchase price
$750,000
Down payment
$37,500 (5%)
Loan amount
$712,500
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1890
Lot size
0.1837 ac
Stories
2
Heating
Radiators-Hot Water, Separate Control
Cooling
A/C Central - All,A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Central)
Water
Public
HOA
—
Annual tax
$10,967
MLS #
2613516R
County
Union
At a glance
Basement
Home features
Appliances
Water Heater(Electric)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Interior
Unit 1(1 Bedroom1 BathLiving Room1 1/2 Baths)Unit 2(3 BedroomsKitchen1 BathLiving Room1 1/2 Baths)
Exterior
PatioStorage Shed
Parking
4(+)Car ParkingPaved
Patio & porch
Patio
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Near Shopping, Near Train
Neighborhood — 07201
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 30,445 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 9.00% | 14.00% | 20.00% |
| Population Density | 5,739 | 1,137 | — |
| Male | 15,863 | 4,307,827 | 147,432,321 |
| Female | 14,582 | 4,525,010 | 151,655,844 |
| Never Married | 8,487 | 1,965,811 | 63,775,926 |
| Married | 8,142 | 3,647,435 | 123,120,365 |
| Separated | 3,628 | 391,239 | 12,639,686 |
| Widowed | 1,344 | 515,172 | 15,467,586 |
| Divorced | 2,074 | 529,393 | 23,075,029 |
| Number Of House Hold | 9,342 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.03 | 2.73 | 2.60 |
| Medial Age | 31.59 | 37.15 | 35.46 |
| Median House Hold Income | $36,581 | $63,392 | $48,276 |
| Average House Hold Income | $49,154 | $83,312 | $63,629 |
| P C I | $16,318 | $30,662 | $24,529 |
| M D I | $32,389 | $52,505 | $41,133 |
| A T H E | $43,131 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 81.94% | 81.02% | 77.74% |
(Zip) Code
7201
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 4/10/2026. Provided courtesy of REAL via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.