1117 Chestnut St

Elizabeth, NJ 07201

$899,900
Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Great opportunity to own a 2-family home in the heart of Elizabeth, NJ! The first-floor unit is vacant and in mint condition, offering a perfect move-in opportunity or immediate rental potential. The second-floor unit is occupied by a reliable long-term tenant with an excellent rental history, providing steady income. This property is ideally located for commuters just 30 minutes to NYC by train or car, with close proximity to NJ Transit, bus stops, Route 1&9, the Garden State Parkway, and the NJ...Great opportunity to own a 2-family home in the heart of Elizabeth, NJ! The first-floor unit is vacant and in mint condition, offering a perfect move-in opportunity or immediate rental potential. The second-floor unit is occupied by a reliable long-term tenant with an excellent rental history, providing steady income. This property is ideally located for commuters just 30 minutes to NYC by train or car, with close proximity to NJ Transit, bus stops, Route 1&9, the Garden State Parkway, and the NJ Turnpike. You'll also be minutes from Newark Airport, Kean University, shopping centers, restaurants, and local parks. Whether you're seeking a smart investment or planning to live in one unit while benefiting from rental income from the other, this 2-family home is a rare find in an excellent location!
  1. Listed by GRISELA FLORES • FLOROSTONE REALTY INC.
  2. Listed by KATHERINE CABRERA • FLOROSTONE REALTY INC.

Property Details for 1117 Chestnut Street

Style
2 Family
Directions
Chestnut St between Jefferson Ave and Madison Ave
Days On Market
1

Open Houses

Saturday, Mar 21st1:00 PM - 3:00 PM
PublicView contact
Sunday, Mar 22nd1:00 PM - 3:00 PM
PublicView contact
LISTING UPDATED: 03/17/2026 03:02 AM

Property Details for 1117 Chestnut Street

StatusActive
MLS #4014621
Days on Market4
Taxes$11,720 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2006
Lot Size0.07 AC / 3,049 SF
CountyUnion County
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Location

Listing Courtesy of FLOROSTONE REALTY INC., GRISELA FLORES; FLOROSTONE REALTY INC., KATHERINE CABRERA
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Building Information for 1117 Chestnut Street

Stories-Residences2Year Built2006Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

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$5,344 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,367

Property Taxes

$977

HOA Dues

$0

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Property Information for 1117 Chestnut Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 1
  • Renovated Year: 2025
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 279
  • Listing Type: Exclusive Right to Sell
  • Town #: 2904.0
  • Street # Display: 1117.0
  • # Parking Spaces: 4
  • County Or Parish: UNION
  • Street Name: Chestnut St
  • Zip Code: 07201-1406
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $11,720
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 581100.0
  • Tax ID For Property: 2904-00279-0000-00021-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width
  • # Garage Spaces: 1
  • Garage Description: Built-In Garage, On-Street Parking
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 21
  • Approximate Lot Size: 25X125
  • Total Acres: 0.07
  • Construction Date/Year Built: 2006
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 418800.0
  • Assessment Land: 162300.0
Utilities
  • Cooling: 2 Units, Central Air, See Remarks
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 2 Units, Forced Hot Air, See Remarks
  • Fuel Type: Gas-Natural, See Remarks
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick/Block, See Remarks, Vinyl Siding
  • Exterior Features: Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Basement Description: Slab
  • # Baths: 5.0
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 9999.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2250.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 3244.0
  • Unit 2 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 1117 Chestnut Street

DateEvent & SourcePriceAppreciation
Mar 17, 2026

Listed (Active)

NJMLS #26009001

$899,900—
Mar 16, 2026

Listed (Active)

GSMLS #4014621

$899,900—
Jan 9, 2026

Temporarily Off Market

GSMLS #3985350

—
Dec 2, 2025

Under Contract

GSMLS #3985350

—
Oct 30, 2025

Price Change

GSMLS #3985350

$875,000—
Sep 6, 2025

Price Change

GSMLS #3985350

$899,900—
Sep 6, 2025

Listed (Active)

GSMLS #3985350

$875,000—
Oct 27, 2020

Sold (Public Record)

Public Record #682502713

$510,000—
DateEvent & SourcePrice
03/17/2026

Listed (Active)

NJMLS #26009001

$899,900
03/16/2026

Listed (Active)

GSMLS #4014621

$899,900
01/09/2026

Temporarily Off Market

GSMLS #3985350

—
12/02/2025

Under Contract

GSMLS #3985350

—
10/30/2025

Price Change

GSMLS #3985350

$875,000
09/06/2025

Price Change

GSMLS #3985350

$899,900
09/06/2025

Listed (Active)

GSMLS #3985350

$875,000
10/27/2020

Sold (Public Record)

Public Record #682502713

$510,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1117 Chestnut Street

Taxable ValueLand$162,300Additions$418,800Total$581,100
Tax Record2024$11,180 ($932 / month)
Home Facts
Total Finished SqFt2,300 SqFtAbove Grade Finished SqFt2,300 SqFtStories2Lot Size3,123 SqFtStyleDuplexYear Built2007CountyUNIONAPN04 00279-0000-00021

Schools near 1117 Chestnut Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Number 2, Winfield Scott Elementary School
Public - PK to 8
Elizabeth High School
Public - 9 to 12
T Jefferson Arts Academy
Public - 9 to 12
A Hamilton Preparatory Academy
Public - 9 to 12
Rating
School
Distance
Number 2, Winfield Scott Elementary School
PublicPK to 8

Elizabeth High School
Public9 to 12

T Jefferson Arts Academy
Public9 to 12

A Hamilton Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1117 Chestnut Street, Elizabeth, NJ 07201

1117 Chestnut Street is a multi-family home for sale in Elizabeth, NJ 07201. This property was listed for sale on March 16, 2026 by FLOROSTONE REALTY INC., it's currently listed at $899,900. It has been on the market for a total of 4 days and was last sold on October 27, 2020. This listing's school district is Elizabeth Public School District. Nearby schools include Number 2, Winfield Scott Elementary School, Elizabeth High School and T Jefferson Arts Academy. 1117 Chestnut Street is a 6-bed, 5-bath, multi-family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FLOROSTONE REALTY INC., GRISELA FLORES; FLOROSTONE REALTY INC., KATHERINE CABRERA

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 03/20/2026 03:59 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 03/20/2026 03:59 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.