Closed$625,000
TLC ≈ $5,372/mo
3 2 —
341 Forest Drive, Union Twp, NJ 07083
738 Edgar Road, Elizabeth, NJ 07202
$549,000
0 beds 2 baths 1,736 sqft Built 19203 days on marketActive
About this home
Income Producing Opportunity! This recently renovated units offers two spacious units, each featuring 2 bedrooms and 1 full bath perfect for owner-occupants, investors, or multi-generational living. Enjoy a full basement with plenty of storage and expansion possibilities, plus a private backyard ideal for outdoor gatherings, gardening, or relaxing. Conveniently located near major highways, public transportation, shopping, dining, schools, and everyday amenities, making commuting and daily errands a breeze. Live in one unit and collect rental income from the other, or maximize your investment by renting both units. Whether you're looking to build wealth, generate steady cash flow, or secure a versatile property with long-term potential, this is an opportunity you won't want to miss. Schedule your showing today!
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
$5,173/mo
- Real estate (PITI + HOA + PMI)
- $4,871
- Utilities
- $509
- Transportation
- $157
- Other (entertainment)
- $143
Principal + interest$3,537
Property tax + insurance$1,128
PMI / 2nd mortgage$206
Heating + cooling$100
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$157
Budget$5,673/mo
Remaining after TLC$500/mo
Purchase price
$549,000
Down payment
$27,450 (5%)
Loan amount
$521,550
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1920
Lot size
0.0459 ac
Stories
2
Heating
Radiators-Hot Water
Cooling
A/C Wall Unit(s)
Water
Public
HOA
—
Annual tax
$6,790
MLS #
2617650R
County
Union
At a glance
Basement
Home features
Appliances
Water Heater(See RemarksGas)Water Heater
Interior
Unit 1(2 BedroomsKitchen1 BathLiving Room)Unit 2(2 BedroomsKitchen1 BathLiving Room)
Exterior
Patio
Patio & porch
Patio
Sewer
Public Sewer
Ownership
Condominium
Lot features
Near Shopping, Near Train, Near Public Transit
Neighborhood — 07202
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 36,390 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 17.00% | 14.00% | 20.00% |
| Population Density | 15,515 | 1,137 | — |
| Male | 17,776 | 4,307,827 | 147,432,321 |
| Female | 18,614 | 4,525,010 | 151,655,844 |
| Never Married | 9,706 | 1,965,811 | 63,775,926 |
| Married | 11,776 | 3,647,435 | 123,120,365 |
| Separated | 2,590 | 391,239 | 12,639,686 |
| Widowed | 2,042 | 515,172 | 15,467,586 |
| Divorced | 2,571 | 529,393 | 23,075,029 |
| Number Of House Hold | 13,124 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.74 | 2.73 | 2.60 |
| Medial Age | 34.21 | 37.15 | 35.46 |
| Median House Hold Income | $39,094 | $63,392 | $48,276 |
| Average House Hold Income | $45,824 | $83,312 | $63,629 |
| P C I | $17,380 | $30,662 | $24,529 |
| M D I | $34,205 | $52,505 | $41,133 |
| A T H E | $41,270 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 80.50% | 81.02% | 77.74% |
(Zip) Code
7202
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Open houses
- —
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 6/20/2026. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.