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138-140 Murray St
Elizabeth, NJ 07202
138-140 Murray st Elizabeth · Multifamily Property For Sale
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9 Units
Investment Highlights
- Located in the Elmora section of Elizabeth, offering proximity to shopping, schools, and local amenities.
- Recent system upgrades include a hot water tank replaced in 2023 and an additional hot water unit installed in 2025.
- Utilities are owner-paid with a single meter for both electric and gas services.
- Features a nine-unit rooming house layout with three one-bedroom apartments and six studio units, each equipped with a kitchenette and tile flooring.
- Accommodates more than six parking spaces via a shared driveway arrangement with an adjacent property (142-144 Murray Street).
- The lot spans approximately 0.23 acres and measures 50x200 feet, providing additional development or site improvement possibilities.
Executive Summary
Elmora section - rooming house with 9 units,3 w one bedroom,6-studios. All 9 units with kitchenette, tile floors parking for more than 6 cars. Owner pays for all utilities 1-electric meter,1-gas meter, hot water tank 2023.bb hot water unit 2025, common driveway w #142-144 Murray st to be sold as is. lot size 50x2000
Property Facts
| Price Per Unit | $150,000 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 3,742 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Building Class | C | ||
| Zoning | R - Residential | ||
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 3,742 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | R - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | 04-00006-0000-00658 | Improvements Assessment | $445,100 |
| Land Assessment | $273,100 | Total Assessment | $718,200 |
Property Taxes
Parcel Number
04-00006-0000-00658
Land Assessment
$273,100
Improvements Assessment
$445,100
Total Assessment
$718,200
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