For Sale55d on market
532-534 Walnut St
Elizabeth, NJ, 07201 • Downtown • Union County
$860,000
Down payment assistance available
6Beds
4Baths
0.11 acLot
2007Built
Property DNA
Enhanced Security
Carbon Monoxide Detector(s) · Smoke Detector(s) · Carbon Monoxide Detector
2-Car Garage
2 Car Width · Built-In Garage
Wood Floors
Quality flooring throughout
This home is getting attention
Listed 55 days ago · 889 views · 36 saves
Market activity
Demand and pricing signals for this listing
889 views
People checking out this listing
36 saves
Buyers have saved this home
55 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 44% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 2007
Excellent investment opportunity! Well-maintained multi-family property offering spacious units with functional layouts and generous room sizes. Features bright living areas, ample bedroom space, and separate utilities. Ideal for investors or owner-occupants looking to generate rental income.Conveniently located near shopping, schools, public transportation, major highways, and just minutes from Newark Liberty International Airport and NYC access. A prime location with strong rental potential.
Standout features identified
Our analysis highlights ample bedroom space, generous room sizes, and spacious units as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,326/month
Principal & Interest$4,179
Property Tax$860
Insurance$287
Down payment20% ($172,000)
3%50%
Est. 6.12% rate · 30yr fixed · $688,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built2007
Heating2 Units, Natural Gas
Cooling2 Units, Central Air
Parking2 Attached Garage spaces
Days on Zillow55 Days
Property
Home typeMulti Family
Sub-typeMulti Family
Year built2007
Stories3
Systems
Heating2 Units, Natural Gas
Cooling2 Units, Central Air
RoofAsphalt Shingle
ConstructionBrick, Stucco, Vinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
Parking2 Car Width, Built-In Garage
Garage2 spaces
BasementYes,Finished,Walk-Out Access
Lot4,791 sqft
Location & Tax
NeighborhoodDowntown
Annual tax$14,049
Parcel0400239000000012
Bathrooms & Fees
Full baths4
Features & details
11 categories of property features
Interior Features
Interior
Bedrooms
Kitchen
Living/Dining Room
Rec Room
Appliances
Dishwasher
Dryer
Exhaust Fan
Range/Oven - Gas
Refrigerator
Washer
Kitchen Exhaust Fan
Flooring
Wood
Heating
2 Units
Natural Gas
Cooling
2 Units
Central Air
Laundry
Laundry Room
Exterior Features
Parking
2 Car Width
Built-In Garage
Construction
Brick
Stucco
Vinyl Siding
Security
Carbon Monoxide Detector(s)
Smoke Detector(s)
Carbon Monoxide Detector
Smoke Detector
Fire Extinguisher
Utilities
Electricity Connected
Natural Gas Connected
Gas
Gas-Natural
Listing insights
Market data and value estimates
StatusFor Sale
Days on market55
Est. value$882,600
Est. rent$2,828/mo
Tax rate2.05%
On marketFeb 18, 2026
PostedFeb 18, 2026
Last sold$465,000
MLS statusActive
MLS updatedFeb 18, 2026
Tour days9
Views889
Favorites36
How are the schools in Elizabeth?
3 schools rated nearby
Location
Elizabeth, NJ, 07201
Price history
3 events
DateEventPrice$/sqftSource
Feb 18, 2026Listed For Sale$860,000—GSMLS
Jun 9, 2008Sold$465,000—Public Record
May 9, 2006Sold$190,000—Public Record
Listed For Sale$860,000
Feb 18, 2026•GSMLS
Sold$465,000
Jun 9, 2008•Public Record
Sold$190,000
May 9, 2006•Public Record
Tax history
11 years of records
YearTax paidAssessed value
Apr 15, 2024$14,049$730,200
Apr 15, 2023—$48,800
Apr 15, 2022$14,923$48,800
Apr 15, 2021$7,316$48,800
Apr 15, 2020$14,066$48,800
Apr 15, 2019$13,929$48,800
Apr 15, 2018$10,454$48,800
Apr 15, 2017$13,541$48,800
Apr 15, 2016$12,736$48,800
Apr 15, 2015$12,354$48,800
Apr 15, 2014$3,155$48,800
Nearby homes
Neighborhood details
Local context around this listing
Elizabeth, NJ • Union County
Nearby neighborhoods
DowntownElizabethportElmoraFrog HollowKeighry HeadMidtownNorth EndPeterstownQuality Hill
Nearby cities
CranfordElizabethLindenPlainfieldRahwayRoselleScotch PlainsSummit
Nearby zip codes
0720107202072060720707208
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