$7,707

closing credit¹

571 Walnut St Elizabeth, NJ 07201

$649,000
7 beds
3 full, 1 partial
Multi-Family

Property details

About 571 Walnut St

YOUR SEARCH ENDS HERE! Location, location, location. This 2-family home is more than just real estate; it's a jackpot waiting to happen! With 7 bedrooms and 3.5 baths across the home, this gem is a commuter's dream and an investor's delight. Nestled just 0.4 miles from the North Elizabeth Train Station, 2 milesfrom Downtown Elizabeth Train Station, and a 5-minute stroll from the NYC bus stop, you can almost hear the sound of your commute getting easier! Need more perks? You're just a hop, skip, and a drive from major highways, Newark International Airport (3 miles perfect for those spontaneous getaways), Ikea(4 miles), and The Mills at Jersey Gardens Mall (3.5 miles shop 'til you drop). And for those looking to settle tenants, no worries! Move-in ready for your next big move be it living or investing.

Highlights

Home typeMulti Family
StatusActive
(Active Attorney Review)
MLS #24030414

Summary

  • MLS Number: 24030414
  • Office Name: Coldwell Banker, Montclair
  • Office Phone: (973) 233-2300
  • Listing Agent: Lourdes Marte

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked 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. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 6:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$649,000

571 Walnut St

$7,707

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 19, 2022
Home Sold
$517,000
Aug 23, 2012
Home Sold
$320,000
Aug 02, 2010
Home Sold
$107,500
Dec 02, 2004
Home Sold
$385,000
Feb 17, 1999
Home Sold
$170,000
Dec 14, 1998
Home Sold
$95,500
Apr 19, 1988
Home Sold
$133,000

Tax history

YearAssessmentProperty Tax
2024$470,400$11,063
2022$35,200$10,763
2021$35,200$10,541
2020$35,200$10,146
2019$35,200$10,047

History based on county public records data.

Nearby schools

6

Hurden Looker School

Public District 3-4

2.0 mi

1261 Liberty Ave

5

Livingston Elementary School

Public District PK-4

2.4 mi

960 Midland Blvd

4

George Washington School

Public District 5-5

2.4 mi

1530 Leslie St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,470. The most common annual income of people living in Elizabeth, NJ is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

46%
<35k
44%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
26%
Single, with Kids
16%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 571 Walnut St in Elizabeth, NJ and zip code 07201. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $649,000.

The number of homes for sale in Elizabeth, NJ increased by 6.8% between November and December 2024. The median list price of listings available in December 2024 was $525,000, while the average time on the real estate market was 102 days.

From Rocket Homes Real Estate and based on county public records data.

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