321 S 5th St

Elizabeth, NJ 07202

$549,000
Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
a front view of a house with large windows
a view of a patio with iron fence
a kitchen with a cabinets and window
a bathroom with a sink a toilet and shower
a kitchen with stainless steel appliances a refrigerator a sink a stove and white cabinets
a white toilet sitting next to a bathroom sink and vanity
a view of room with window and hardwood floor
a view of an empty room with a window
an empty room with wooden floor and windows
an empty room with windows

Description

Opportunity Knocks with this 2 family home in the heart of Elizabethport. Conveniently located between Rt 9, EWR Airport, and the thriving economic activity in the largest distribution center in NJ and the Port of Newark. Each unit has large kitchen, 3 bedrooms, full bath and living space. The back yard is spacious and provides room for expansion. The basement has finished space and a bathroom as well. 8% Cap rate potential here.Opportunity Knocks with this 2 family home in the heart of Elizabethport. Conveniently located between Rt 9, EWR Airport, and the thriving economic activity in the largest distribution center in NJ and the Port of Newark. Each unit has large kitchen, 3 bedrooms, full bath and living space. The back yard is spacious and provides room for expansion. The basement has finished space and a bathroom as well. 8% Cap rate potential here.
  1. Listed by LAURA DOUGHERTY-DRAGO • CORCORAN SAWYER SMITH

Property Details for 321 South 5th Street

Style
2 Family
Directions
Rt 9 to Elizabeth Ave to S 5th st.
Days On Market
14
LISTING UPDATED: 05/06/2026 09:17 PM

Property Details for 321 South 5th Street

StatusActive
MLS #4022338
Days on Market30
Taxes$9,024 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1914
Lot Size0.06 AC / 2,613 SF
CountyUnion County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of CORCORAN SAWYER SMITH, LAURA DOUGHERTY-DRAGO
Add your commute

Building Information for 321 South 5th Street

Stories-Residences2Year Built1914Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,488 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,736

Property Taxes

$752

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 321 South 5th Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 14
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 654
  • Listing Type: Exclusive Right to Sell
  • Town #: 2904.0
  • Street # Display: 321.0
  • # Parking Spaces: 0
  • County Or Parish: UNION
  • Street Name: S 5Th St
  • Zip Code: 07206-1008
  • 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: $9,024
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 447400.0
  • Tax ID For Property: 2904-00654-0000-00018-0000-
  • 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: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 18
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1914
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 294900.0
  • Assessment Land: 152500.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 2 Units
  • Fuel Type: Gas-Natural
  • Sewer: Private
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Wood Fence
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Unfinished
  • # Baths: 2.0
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CookGas, Refrig
  • Unit 1 Baths: 1.0
  • 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: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Family Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 800.0
Unit 2 Information
  • Unit 2 Appl/Equip: CookGas, Refrig
  • Unit 2 Baths: 1.0
  • 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: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Family Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 800.0
Unit 3 Information
  • Unit 3 Handicap Modified: Yes
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 321 South 5th Street

DateEvent & SourcePriceAppreciation
May 6, 2026

Price Change

NJMLS #26014032

$549,000—
May 6, 2026

Price Change

GSMLS #4022338

$549,000—
Apr 22, 2026

Price Change

GSMLS #4022338

$595,000—
DateEvent & SourcePrice
05/06/2026

Price Change

NJMLS #26014032

$549,000
05/06/2026

Price Change

GSMLS #4022338

$549,000
04/22/2026

Price Change

GSMLS #4022338

$595,000

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

Public Records for 321 South 5th Street

Taxable ValueLand$152,500Additions$294,900Total$447,400
Tax Record2024$8,608 ($717 / month)
Home Facts
Total Finished SqFt2,296 SqFtAbove Grade Finished SqFt2,296 SqFtLot Size2,500 SqFtStyleDuplexYear Built1914CountyUNIONAPN04 00654-0000-00018

Schools near 321 South 5th Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Number 15, Christopher Columbus Elementary School
Public - K to 8
Elizabeth High School
Public - 9 to 12
Terence C. Reilly School #7
Public - 2 to 8
T A Edison Career Tech Academy
Public - 9 to 12
Rating
School
Distance
Number 15, Christopher Columbus Elementary School
PublicK to 8

Elizabeth High School
Public9 to 12

Terence C. Reilly School #7
Public2 to 8

T A Edison Career Tech 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.

Neighborhood Map and Transit

Similar Homes

Explore Nearby Homes

More information about 321 South 5th Street, Elizabeth, NJ 07202

321 South 5th Street is a multi-family home for sale in Elizabeth, NJ 07202. This property was listed for sale on April 22, 2026 by CORCORAN SAWYER SMITH, it's currently listed at $549,000. It has been on the market for a total of 30 days and was last sold on January 6, 2006. This listing's school district is Elizabeth Public School District. Nearby schools include Number 15, Christopher Columbus Elementary School, Elizabeth High School and Terence C. Reilly School #7. 321 South 5th Street is a 6-bed, 2-bath, multi-family home built in 1914.

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 CORCORAN SAWYER SMITH, LAURA DOUGHERTY-DRAGO

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: 05/23/2026 05:50 PM. 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: 05/23/2026 05:50 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.