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514 Marshall Street

Elizabeth, NJ 07206
  • $650,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 22600315
$650,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,832
    SQFT
  • $230
    $/SQFT
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Description

Great Investment Opportunity. Cash-producing large two-family property offering exceptional income potential. Each unit features 3 spacious bedrooms and 1 full bathroom, providing desirable layouts for tenants and strong rental demand. The property includes a full basement with additional living or storage space, plus a 3rd-floor bonus apartment, creating added value and potential upside for future income. Ample off-street parking. Conveniently located near major highways, public transportation, shopping, and local amenities. A solid, income-generating asset with room to grow—don't miss this opportunity.

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© 2026 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2026-02-11T00:19:11.033.
www.candiesellshomes.com/homes/171727264
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514 Marshall Street Elizabeth, NJ 07206

  • Price: $650,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 22600315
5
Beds
2
Baths
0
½ Baths
0.06
Acres
2,832
SQFT
$230
$/SQFT
1890
Built
County:
Union
Area:
Elizabeth (ELI)
Property Description
Great Investment Opportunity. Cash-producing large two-family property offering exceptional income potential. Each unit features 3 spacious bedrooms and 1 full bathroom, providing desirable layouts for tenants and strong rental demand. The property includes a full basement with additional living or storage space, plus a 3rd-floor bonus apartment, creating added value and potential upside for future income. Ample off-street parking. Conveniently located near major highways, public transportation, shopping, and local amenities. A solid, income-generating asset with room to grow—don't miss this opportunity.
Exterior Features

Attached Garage YN No Exterior Features [] Garage YN No Parking Features None Roof Shingle Waterfront Features [] Waterfront YN No Waterview No

Interior Features

Basement Full Cooling Multi Units Cooling YN Yes Fireplaces Total 0 Flooring [] Handicap Access No Heating Baseboard Heating YN Yes Interior Features []

Property Features

Assessment Assessed Yes Lot Features [] New Construction YN No Owner Pays Sewer Pool No Property Sub Type Duplex Sewer Public Sewer Tax Annual Amount 9054 Tax Year 2024 Tenant Pays [] Water Heater Natural Gas Yes Water Source Public Zoning Description Multi-Family

Listing information © 2026 Monmouth-Ocean MLS. Listing provided courtesy of Michael Sclafani of RE/MAX Central: 732-972-1000.


© 2026 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2026-02-11T00:19:11.033.
 
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The CG Group | RE/MAX Revolution
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Lavallette NJ, 08735