CCertihomes
515 Westfield ave Avenue, Elizabeth, NJ 07208

$649,999

0 beds 3 baths — Built 19220 days on marketActive

About this home

**Great Two-Family Investment Opportunity in Elizabeth, NJ!** Spacious two-family home featuring 5 bedrooms and 2 full bathrooms. Offering two separate living units, this property is perfect for investors or owner-occupants looking to generate rental income while living in one unit. Features include eat-in kitchens, generous living spaces, newer mechanical systems, and a roof approximately 8 years old. Conveniently located near NYC transportation, major highways, shopping, and everyday amenities. **A great opportunity with plenty of potential! 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 4% APR.

Your estimated payment
$4,746/mo

Real estate (PITI + HOA + PMI)
$4,514
Principal + interest$2,948
Property tax + insurance$1,322
PMI / 2nd mortgage$244
Utilities
$495
Heating + cooling$118
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$157
Car insurance + maintenance$157
Other (entertainment)
$143
$4,746/mo TLC
Budget$5,246/mo
Remaining after TLC$500/mo
Purchase price
$649,999
Down payment
$32,500 (5%)
Loan amount
$617,499
APR
4%

Quick facts

Type
2 Family
Style
—
Year built
1922
Lot size
—
Stories
3
Heating
Baseboard Hotwater
Cooling
A/C Window Unit(s)
Water
Public
HOA
—
Annual tax
$7,610
MLS #
2707465R
County
Union

At a glance

Basement

Home features

Appliances
Water Heater(Gas)Water Heater
Interior
Unit 1(1 BedroomDining RoomKitchen1 Bath)Unit 2(2 Bedrooms1 Bath)
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

See Remarks

Neighborhood — 07208

MetricThis ZIPCountyUSA
Population33,1068,832,837299,088,112
Population Change Since199018.00%14.00%20.00%
Population Density17,7121,137—
Male16,2154,307,827147,432,321
Female16,8914,525,010151,655,844
Never Married9,1091,965,81163,775,926
Married10,9143,647,435123,120,365
Separated2,118391,23912,639,686
Widowed1,693515,17215,467,586
Divorced2,256529,39323,075,029
Number Of House Hold11,8293,167,345111,826,380
Average House Hold Size2.742.732.60
Medial Age33.6237.1535.46
Median House Hold Income$43,814$63,392$48,276
Average House Hold Income$55,906$83,312$63,629
P C I$21,095$30,662$24,529
M D I$38,112$52,505$41,133
A T H E$46,968$61,369$50,898
S T R7.00%7.00%—
W C J76.39%81.02%77.74%
(Zip) Code
7208

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 11/7/2026. Provided courtesy of KELLER WILLIAMS WEST MONMOUTH via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

515 Westfield ave Avenue · Elizabeth — $649,999 · Certihomes