Closed$650,000
TLC ≈ $5,208/mo
6 2 2,314 sqft
71 Erie Street, Elizabeth, NJ 07206
862 Gibbons Court, Elizabeth, NJ 07202
$479,900
3 beds 2 baths 1,241 sqft Built 19260 days on marketActive
About this home
Welcome to this inviting 3 Bedroom, 2 Full Bath Colonial in Elizabeth, where classic charm meets comfortable everyday living. Step inside to a welcoming sunroom that offers a bright and versatile space to relax, greet guests, or enjoy your morning coffee. The spacious living room features gleaming hardwood floors that continue seamlessly into the formal dining room, creating an open and cohesive flow that is perfect for hosting gatherings. The well-appointed kitchen features ceramic tile flooring, a plethora of cabinetry for ample storage, and a separate dining area that provides a comfortable space for casual meals and everyday living. Upstairs, you'll find three comfortable bedrooms and a full bath with a tub shower. The unfinished basement offers excellent potential for additional living or recreational space and includes a full bath with a walk-in shower, providing a great opportunity to customize the space to suit your needs. Outside, enjoy a backyard and an extended blacktop driveway offering ample parking. Conveniently located near shopping, dining, parks, & schools + public transportation and major roadways, making commuting a breeze. Don't miss the opportunity to bring your vision to this well-located Colonial! Come & see 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 4% APR.
Your estimated payment
$3,692/mo
- Real estate (PITI + HOA + PMI)
- $3,385
- Utilities
- $467
- Transportation
- $157
- Other (entertainment)
- $143
Principal + interest$2,177
Property tax + insurance$1,028
PMI / 2nd mortgage$180
Heating + cooling$79
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$157
Budget$5,000/mo
Remaining after TLC$1,308/mo
Purchase price
$479,900
Down payment
$23,995 (5%)
Loan amount
$455,905
APR
4%
Quick facts
Type
Single Family Residence
Style
Colonial
Year built
1926
Lot size
0.0956 ac
Stories
2
Heating
Radiators-Steam
Cooling
Wall Unit(s), Attic Fan
Water
Public
HOA
—
Annual tax
$6,573
MLS #
2702951R
County
Union
At a glance
Basement
Home features
Appliances
Gas Range/OvenExhaust FanRefrigeratorWasherKitchen Exhaust FanGas Water Heater
Interior
KitchenLiving RoomOther Room(s)Dining Room3 BedroomsBath FullAttic
Exterior
CurbsEnclosed Porch(es)SidewalkYard
Community
CurbsSidewalks
Parking
1 Car WidthAsphalt
Patio & porch
Enclosed
Pool
None
Kitchen
Kitchen Exhaust FanEat-in KitchenSeparate Dining Area
Dining
Formal Dining Room
Accessibility
Stall Shower
Flooring
Carpet, Ceramic Tile, Wood
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple
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.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 8/19/2026. Provided courtesy of RE/MAX 1st ADVANTAGE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.