700-702 Park Avenue, Elizabeth NJ 07208
Photos
1 / 5345 days on market · Listed June 26, 2026
About 700-702 Park Avenue
Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, See Remarks, Baseboard
Cooling
- Central Air
Features
- Basement: Finished, Full
- Flooring: See Remarks
Interior area
- Total interior livable area: 5,328 sqft
Property
Parking
- Parking features: See Remarks, Detached
- Garage spaces: 1
- Has garage: Yes
- Attached garage: No
Features
- Stories: 3
Lot
- Size: 9,147.6 sqft (0.21 acres)
- Dimensions: 61.14 x 150
Details
- Parcel number: 04-00084-0000-00005
Construction
Type & style
- Home type: Multi-Family
- Property subtype: Three Family
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $244/sqft
- Annual tax amount: $19,839
- Date on market: 6/26/2026
- MLS#: 22619362
Why you'll love 700-702 Park Avenue in Elizabeth, NJ
700-702 Park Avenue is a 6-bedroom, 5-bathroom multi-family home for sale in Elizabeth, NJ. It offers approximately 5,328 square feet of living space and was built in 1920. It is offered at $1,300,000, MLS# 22619362.
Inside, 700-702 Park Avenue features 3 stories, a finished and Full basement, forced Air and See Remarks heat, central Air cooling and see Remarks floors. For parking, the property offers a 1-car garage and see Remarks and Detached. It sits on a lot of roughly 9,148 square feet (about 0.21 acres).
Elizabeth offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $19,839. To tour 700-702 Park Avenue in Elizabeth, contact Neuhaus Realty — a family-run agency since 1969, now serving Monmouth & Ocean from our Red Bank office — to schedule a private showing.
Location
MLS# 22619362. Listing courtesy of Keller Williams Realty West Monmouth. Listing information is provided by the Monmouth Ocean Regional MLS. Listing data is deemed reliable but is not guaranteed accurate by the MLS.
