478 Walnut St

$575,000
Price
3
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime investment opportunity in the heart of Elizabeth, NJ! This well-kept two-family home offers comfortable living on both levels, with bright interiors and functional layouts ideal for either owner-occupancy or rental income. The property includes a driveway for convenient off-street parking and a private backyard perfect for outdoor relaxation or entertaining. Centrally located near shopping, restaurants, public transportation, and major highways, this home provides the perfect blend of convenience...Prime investment opportunity in the heart of Elizabeth, NJ! This well-kept two-family home offers comfortable living on both levels, with bright interiors and functional layouts ideal for either owner-occupancy or rental income. The property includes a driveway for convenient off-street parking and a private backyard perfect for outdoor relaxation or entertaining. Centrally located near shopping, restaurants, public transportation, and major highways, this home provides the perfect blend of convenience and strong rental potential. Property is being sold in as-is condition. Buyer is responsible for obtaining the Smoke & CO certificate.
  1. Listed by ANDREA ALUMMOOTIL • KELLER WILLIAMS CITY VIEWS REALTY

Property Details for 478 Walnut Street

Directions
GOOGLE MAPS
Days On Market
14
LISTING UPDATED: 11/25/2025 05:08 PM

Property Details for 478 Walnut Street

StatusActive
MLS #3997349
Days on Market46
Taxes$8,011 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1900
Lot Size0.08 AC / 3,484 SF
CountyUnion County

Location

Listing Courtesy of KELLER WILLIAMS CITY VIEWS REALTY, ANDREA ALUMMOOTIL
Add your commute

Building Information for 478 Walnut Street

Stories-Residences2Year Built1900Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$3,509 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,841

Property Taxes

$668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 478 Walnut Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 14
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 256
  • Listing Type: Exclusive Right to Sell
  • Town #: 2904.0
  • Street # Display: 478.0
  • # Parking Spaces: 1
  • 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: $8,011
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 416400.0
  • Tax ID For Property: 2904-00256-0000-00017-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width
Property
Lot Information
  • Lot Identifier: 17
  • Approximate Lot Size: 32X110
  • Total Acres: 0.08
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 259200.0
  • Assessment Land: 157200.0
Utilities
  • Cooling: Ceiling Fan, Window A/C(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, See Remarks
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, See Remarks
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Bedrooms: 1
  • Unit 3 Levels: 3.0
  • Unit 3 Rooms: 2.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 478 Walnut Street

DateEvent & SourcePriceAppreciation
Nov 14, 2025

Temporarily Off Market

GSMLS #3982166

Nov 11, 2025

Listed (Active)

GSMLS #3997349

$575,000
Aug 19, 2025

Listed (Active)

GSMLS #3982166

$600,000
Apr 20, 2004

Sold (Public Record)

Public Record #145528480

$169,000
DateEvent & SourcePrice
11/14/2025

Temporarily Off Market

GSMLS #3982166

11/11/2025

Listed (Active)

GSMLS #3997349

$575,000
08/19/2025

Listed (Active)

GSMLS #3982166

$600,000
04/20/2004

Sold (Public Record)

Public Record #145528480

$169,000

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

Public Records for 478 Walnut Street

Taxable ValueLand$157,200Additions$259,200Total$416,400
Tax Record2024$8,012 ($668 / month)
Home Facts
Total Finished SqFt1,982 SqFtAbove Grade Finished SqFt1,982 SqFtLot Size3,520 SqFtStyleDuplexYear Built1900CountyUNIONAPN04 00256-0000-00017

Schools near 478 Walnut Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
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

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

478 Walnut Street is a multi-family home for sale in Elizabeth, NJ 07201. This property was listed for sale on November 11, 2025 by KELLER WILLIAMS CITY VIEWS REALTY, it's currently listed at $575,000. It has been on the market for a total of 46 days and was last sold on April 20, 2004. This listing's school district is Elizabeth Public School District. Nearby schools include Number 2, Winfield Scott Elementary School, Elizabeth High School and Chessie Dentley Roberts Academy School No. 30. 478 Walnut Street is a 3-bed, 2-bath, multi-family home built in 1900.

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 KELLER WILLIAMS CITY VIEWS REALTY, ANDREA ALUMMOOTIL

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: 12/28/2025 02:14 AM. 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: 12/28/2025 02:14 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.