Closed$650,000
TLC ≈ $5,208/mo
6 2 2,314 sqft
71 Erie Street, Elizabeth, NJ 07206
212 Port Avenue, Elizabeth, NJ 07206
$640,000
0 beds 2 baths 2,508 sqft Built 190013 days on marketActive
About this home
Exceptional investment opportunity in North Elizabeth at a great price point! This well-maintained two-family home features two spacious units, each offering 3 bedrooms, 1.5 baths, modern comfort, and strong income potential. Ideally situated for maximum tenant appeal, this property is located just minutes from The Mills at Jersey Gardens, IKEA, and Newark Liberty International Airport, with seamless access to NYC-bound trains, bus routes, and major highways for effortless commuting. With both units delivering exceptional value, functional layouts, and outstanding lease potential, this turnkey property is a standout addition to any investor's portfolio or perfect for an owner-occupant looking for rental income. Don't miss out on this incredible opportunity at an amazing valueschedule your showing today before it's gone!
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 4% APR.
Your estimated payment
$4,773/mo
- Real estate (PITI + HOA + PMI)
- $4,539
- Utilities
- $491
- Transportation
- $157
- Other (entertainment)
- $143
Principal + interest$2,903
Property tax + insurance$1,396
PMI / 2nd mortgage$240
Heating + cooling$116
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$157
Budget$5,273/mo
Remaining after TLC$500/mo
Purchase price
$640,000
Down payment
$32,000 (5%)
Loan amount
$608,000
APR
4%
Quick facts
Type
2 Family
Style
—
Year built
1900
Lot size
—
Stories
2
Heating
Forced Air
Cooling
A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
Water
Public
HOA
—
Annual tax
$8,657
MLS #
2702391R
County
Union
Home features
Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Interior
Unit 1(3 BedroomsKitchenLiving Room1 1/2 BathsSee Remarks)Unit 2(3 BedroomsKitchenLiving Room1 1/2 BathsSee Remarks)
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Near Shopping, Near Train, See Remarks
Neighborhood — 07206
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 23,052 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 6.00% | 14.00% | 20.00% |
| Population Density | 14,496 | 1,137 | — |
| Male | 11,404 | 4,307,827 | 147,432,321 |
| Female | 11,647 | 4,525,010 | 151,655,844 |
| Never Married | 6,548 | 1,965,811 | 63,775,926 |
| Married | 5,908 | 3,647,435 | 123,120,365 |
| Separated | 2,232 | 391,239 | 12,639,686 |
| Widowed | 925 | 515,172 | 15,467,586 |
| Divorced | 1,257 | 529,393 | 23,075,029 |
| Number Of House Hold | 6,764 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.38 | 2.73 | 2.60 |
| Medial Age | 27.88 | 37.15 | 35.46 |
| 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 R | 7.00% | 7.00% | — |
| W C J | 75.47% | 81.02% | 77.74% |
(Zip) Code
7206
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 8/12/2026. Provided courtesy of KELLER WILLIAMS WEST MONMOUTH via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.