464 Walnut St

Elizabeth, NJ 07201

$949,000
Price
8
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a yard
a front view of a house with a yard and a garage
a view of a house with pool in front of it

Description

Come and see this beautifully renovated 2-Family home in the heart of Elizabeth City downtown, offering modern finishes, spacious layout and double decks in the rear of the house. Everything in this house is new and perfect for investors or owner occupants looking to generate rental income. This spacious multifamily home features 8 bedrooms, 5 full bathrooms and laundry spaces for tenants in the basement. Inside you will find open concept living/dining/kitchen, spacious bedrooms, plenty of closets...Come and see this beautifully renovated 2-Family home in the heart of Elizabeth City downtown, offering modern finishes, spacious layout and double decks in the rear of the house. Everything in this house is new and perfect for investors or owner occupants looking to generate rental income. This spacious multifamily home features 8 bedrooms, 5 full bathrooms and laundry spaces for tenants in the basement. Inside you will find open concept living/dining/kitchen, spacious bedrooms, plenty of closets and new hardwood floors throughout.

Property Details for 464 Walnut Street

Directions
From North Broad Street to Magnolia Ave. and left to Walnut Street
Days On Market
1
LISTING UPDATED: 08/07/2025 05:03 PM

Property Details for 464 Walnut Street

StatusActive
MLS #3979894
Days on Market134
Taxes$13,177 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built9999
Lot Size0.26 AC / 11,325 SF
CountyUnion County

Location

Listing Courtesy of W. CHERY REAL ESTATE, INC., LINUS C. KORIEOCHA
Add your commute

Building Information for 464 Walnut Street

Stories-Residences2Year Built9999Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$5,787 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,689

Property Taxes

$1,098

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 464 Walnut 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: 256
  • Listing Type: Exclusive Right to Sell
  • Town #: 2904.0
  • # Parking Spaces: 6
  • County Or Parish: Union
  • Street Name: Walnut St
  • Zip Code: 07201-1023
  • 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: $13,177
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 684900.0
  • Tax ID For Property: 2904-00256-0000-00013-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Gravel, Off-Street Parking
  • Garage Description: None
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 13
  • Approximate Lot Size: 42 83X135
  • Total Acres: 0.26
  • Construction Date/Year Built: 9999
  • Construction Date/Year Built Des: Approximate, Renovated
Property and Assessments
  • Assessment Bldg: 474600.0
  • Assessment Land: 210300.0
  • Farm Assessment: No
Utilities
  • Cooling: 3 Units, Central Air
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Available, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk
Interior Features
  • Interior Features: Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, Dishwshr, KitExhFn, Microwav, RgOvGas, Refrig, SmokeDet
  • 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: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Living/Dining Room, Master Bedroom
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, Dishwshr, KitExhFn, Microwav, RgOvGas, Refrig, SmokeDet
  • Unit 2 Baths: 3.0
  • Unit 2 Bedrooms: 5
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • 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, Dining Room, Eat-In Kitchen, Kitchen, Living/Dining Room, Master Bedroom
  • Unit 2 Rooms: 8.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $25,000.00
  • Expenses Include: Electric, Gas, Heat, Taxes
  • Net Operating Income: $65,000.00
  • Gross Operating Income: $90,000.00
Rental
Rental Information
  • Home Warranty: false

Property History for 464 Walnut Street

DateEvent & SourcePriceAppreciation
Aug 6, 2025

Listed (Active)

GSMLS #3979894

$949,000—
Jul 15, 2016

Sold

GSMLS #3286228

$125,000—
Mar 2, 2016

Listed (Active)

GSMLS #3286228

$119,900—
DateEvent & SourcePrice
08/06/2025

Listed (Active)

GSMLS #3979894

$949,000
07/15/2016

Sold

GSMLS #3286228

$125,000
03/02/2016

Listed (Active)

GSMLS #3286228

$119,900

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

Schools near 464 Walnut 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
A Hamilton Preparatory Academy
Public - 9 to 12
T Jefferson Arts Academy
Public - 9 to 12
Rating
School
Distance
Number 2, Winfield Scott Elementary School
PublicPK to 8

Elizabeth High School
Public9 to 12

A Hamilton Preparatory Academy
Public9 to 12

T Jefferson Arts 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

Similar Sold Homes

Explore Nearby Homes

More information about 464 Walnut Street, Elizabeth, NJ 07201

464 Walnut Street is a multi-family home for sale in Elizabeth, NJ 07201. This property was listed for sale on August 6, 2025 by W. CHERY REAL ESTATE, INC., it's currently listed at $949,000. It has been on the market for a total of 134 days and was last sold on July 15, 2016. This listing's school district is Elizabeth Public School District. Nearby schools include Number 2, Winfield Scott Elementary School, Elizabeth High School and A Hamilton Preparatory Academy. 464 Walnut Street is a 8-bed, 5-bath, multi-family home built in 9999.

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 W. CHERY REAL ESTATE, INC., LINUS C. KORIEOCHA

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: 12/18/2025 05:39 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 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: 12/18/2025 05:39 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.