Elizabeth Homes under $1 million

Welcome to Elizabeth, New Jersey – a vibrant city that beautifully blends rich history with modern living. Nestled in the heart of Union County, Elizabeth boasts a diverse community and a variety of amenities that make it an ideal place to call home. With its prime location just minutes from New York City, residents enjoy easy access to urban conveniences while still being able to retreat to the charm of suburban life.

One of the standout features of Elizabeth is its remarkable real estate market, particularly for those looking to find homes under $1 million. Whether you’re a first-time homebuyer or seeking a cozy family residence, Elizabeth offers an array of options to suit your needs. From charming single-family homes with classic architecture to modern townhouses with contemporary finishes, there’s something for everyone in this thriving city.

Elizabeth is also known for its rich cultural heritage, reflected in its eclectic neighborhoods and local eateries. Stroll through the historic districts, where you’ll find beautifully preserved buildings and vibrant street art. Enjoy delicious cuisine from around the world, thanks to the city’s diverse population. Additionally, Elizabeth’s parks and recreational facilities provide ample opportunities for outdoor activities, making it a perfect place for families and nature lovers alike.

With its affordable housing options, dynamic community, and proximity to major urban centers, Elizabeth, NJ is truly a hidden gem waiting to be discovered. Explore the possibilities and find your dream home in this charming city today!

Newest Elizabeth Homes under $1 million

$924,000

8 Beds ⋅ 5 Baths

A must-see multifamily with generous space, abundant parking, and standout outdoor amenities! Well-maintained two-family offering approximately 2,800 sq. ft. across the main floors, plus a finished basement and attic. The first-floor unit features 3 bedrooms and 2 full baths, while the second floor offers 4 bedrooms and 1 bath. The finished basement includes 2 bonus rooms, a kitchenette, and a full bath; the finished attic adds 2 bonus rooms and another full bath providing 7 bedrooms, 4 bonus rooms and 5 baths throughout. Enjoy a private backyard with a full paver patio, a detached 2-car garage, and parking for 4 additional vehicles. An attached workshop with a brick pizza oven and barbecue adds a unique entertaining space. Roof and exterior upgrades complement this well-cared-for property. The first-floor unit will be delivered vacant at closing, making this an excellent opportunity for an owner-occupant seeking rental income or an investor seeking strong rental potential.

1013-1015 Madison Ave, Elizabeth

Listing courtesy of Listing Agent: () from Listing Office: Corcoran Infinity Properties, Edgewater.

$799,999

6 Beds ⋅ 3 Baths

Beautifully renovated 3-unit brownstone offering the perfect blend of classic character and modern updates. The property maintains the charm of its original brick fa ade while featuring thoughtfully renovated interiors throughout. An excellent opportunity for both owner-occupants and investors, with the flexibility to occupy one unit while renting the other two at current market rents to help offset monthly housing expenses. Each unit offers updated finishes and comfortable modern living while maintaining the distinctive character of this classic brownstone. Ample on-street parking and convenient access to public transportation add to the appeal of this exceptional multifamily opportunity.

142 Ripley Pl, Elizabeth

Listing courtesy of Listing Agent: Stanley E. Francois () from Listing Office: Realty One Group Sunrise.

$725,000

This remarkable brick building is rare in the heart of Elizabethport, one of Elizabeth, NJ's fastest-growing neighborhoods. The area has undergone significant redevelopment and continues thriving as a growth and opportunity hub. The property features a spacious 2,300-square-foot commercial space on the first floor. The second floor hosts two apartments, each offering three spacious bedrooms and modern eat-in kitchens. Central air conditioning/heat runs throughout the building. Located just minutes from major highways, shopping centers, Newark Liberty International Airport, IKEA, Jersey Gardens Mall, and other key amenities. Don't miss your chance to secure this exceptional property as a valuable addition to your investment portfolio!

173-175 3rd, Elizabeth

Listing courtesy of Listing Agent: Moshe Wigder () from Listing Office: Better Homes and Gardens Real Estate Elite.

$575,000

4 Beds ⋅ 2 Baths

This two-family home is an excellent opportunity for investors or owner-occupants. The property features a full basement with coin laundry machines and a private backyard, offering added convenience and outdoor space. The house has a vacant unit and is easy to show. Come take a look today!

653 4th Ave, Elizabeth

Listing courtesy of Listing Agent: () from Listing Office: Century 21 Realty Group.

$899,900

8 Beds ⋅ 4 Baths

Legal 4-Family Investment Opportunity! Fully renovated and ready for immediate occupancy, this well-maintained property offers four spacious 2-bedroom, 1-bathroom units, providing an excellent opportunity for both investors and owner-occupants. Three of the four units are currently vacant, allowing a new owner to immediately lease them out and establish their own tenants. The entire property has been renovated, providing updated interiors and a turnkey setup for the next owner. With four legal units, multiple available apartments, and attractive rental potential, this property is an excellent addition to any investment portfolio. Conveniently located near transportation, shopping, dining, and everyday amenities. A great opportunity to acquire a renovated multi-family property with significant upside and immediate rental potential.

33-35 Delaware St, Elizabeth

Listing courtesy of Listing Agent: Hipolito Touron () from Listing Office: Keller Williams Village Square Realty.

$585,000

5 Beds ⋅ 4 Baths

Stop Scrolling! This very large, Colonial style home is VERY deceiving from the outside! This beautifully renovated property is ready for occupancy! Mark your calendar for this weekend! Offering 5 bedrooms and 3.5 bathrooms, a one-car detached garage, a driveway that parks 4 cars, and a lot that extends 150 feet! The layout is set up for everyone to dwell together. You won't believe your eyes! * OPEN HOUSE * SATURDAY, September 19th from 12pm - 2pm and SUNDAY, September 20th from 3pm - 5pm * My multi-lingual team will be onsite to provide a guided tour!

21 Hazard Pl, Elizabeth

Listing courtesy of Listing Agent: Kimberly Fleak () from Listing Office: Coldwell Banker, Wyckoff/Franklin Lakes.

$775,000

8 Beds ⋅ 3 Baths

Exceptional side-by-side two-family property offering an outstanding opportunity for investors and owner-occupants alike. Each spacious unit features 4 generously sized bedrooms, providing excellent rental income potential and flexible living arrangements. Each unit welcomes you with a spacious enclosed front porch, perfect for a sitting area, mudroom, or additional seasonal living space. One unit includes the convenience of an in-unit laundry. The property offers separate utilities, a full basement with abundant storage, and two expansive driveways with parking for approximately 10â€“15 vehiclesâ€”a rare and highly desirable feature in Elizabeth. The roof was replaced approximately one year ago, providing added value and peace of mind for the new owner. **LOW TAXES** - Ideally located near shopping, restaurants, schools, public transportation, major highways, and Newark Liberty International Airport, this property combines convenience with strong investment potential. Whether you're looking to expand your real estate portfolio or live in one unit while generating income from the other, this well-maintained multifamily is a fantastic opportunity in a prime location.

1083-1085 Magnolia Ave, Elizabeth

Listing courtesy of Listing Agent: Nohelys Lugo () from Listing Office: Coldwell Banker, Wayne.

$899,999

5 Beds ⋅ 4 Baths

620 Park Ave, Elizabeth

Listing courtesy of Listing Agent: () from Listing Office: Realty One Group Lifestyle Homes.

$999,000

9 Beds ⋅ 5 Baths

A RARE FIND!!! Welcome to the 2-family home that you've been waiting for in the vibrant city of Elizabeth! Constructed in 2011, this property is ideal for owner-occupants looking to offset expenses with a tenanted top floor, but is equally an excellent choice for investors. Offering over 3,250 s.f. of living space, this special property has a total of nine bedrooms and five full baths. The Unit 1 duplex features four bedrooms and two baths on the upper level, plus a finished ground floor with living/dining area, kitchenette, bedroom and full bath â€“ accessed via an interior staircase or by separate private entrance. Top floor Unit 2 mirrors the Unit 1 upper level layout and is occupied on a M-T-M basis by great tenants that would love to stay. Thoughtfully designed for control over utility use, there are separate furnaces, central air units, and gas/electric meters for each of the three levels. Socialize and host barbecues with friends in the ample backyard and create a delightful garden to enjoy. In an area where on-street parking is scarce, there is covered parking for two cars in the garage and room for an amazing four+ cars in the oversize driveway. Enjoy easy access to parks and sports activities, NYC transportation, the NJ Turnpike, Newark Airport, plus shopping destinations such as Jersey Gardens, IKEA, and the near-by boutique retail and enticing restaurants of downtown Elizabeth. Make it your point to come and see this versatile home today!

543-545 Livingston St, Elizabeth

Listing courtesy of Listing Agent: Elena Schwartz () from Listing Office: Weichert Realtors, Clifton.

$689,999

7 Beds ⋅ 4 Baths

Legal 2 family house with a full finish attic and semi-finish basement. Located in the heart of Elizabeth near Newark Airport, all major highways and close to all Major transportation to NYC. Separate utilities and tons of potential.

109 Franklin St, Elizabeth

Listing courtesy of Listing Agent: Sandy Cuevas () from Listing Office: Weichert Realtors, Jersey City.

$725,000

6 Beds ⋅ 4 Baths

Large Two family home with six bedrooms and four Bathrooms , Finished attic, Finished basement. Large Backyard- great space for entertainment -Great investment Property - Close to NYC transportation . Large two family home with six bedrooms and four Bathrooms , Finished attic, Finished basement. Large Backyard - great space for entertainment -Great investment Property - Close to NYC transportation . Street Parking

632 Monroe Ave, Elizabeth

Listing courtesy of Listing Agent: Martha Torres () from Listing Office: One Stop Realty, LLC.

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Source: New Jersey Multiple Listing Service, Inc.
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