$675,000 Price Analysis    ♡   Elizabeth City, NJ 07208 9 bed 4 bath 3,499 SqFt ($192/SqFt) 4,792SqFt lot. Built 1920 Listed 2024-05-24, Taxes $9,963 | Ⓧ USDA Ineligible due to location near Elizabeth |
This turnkey multi-family property with 9 bedrooms and 4 bathrooms is an excellent investment opportunity.
* Sale Pending *The modern updates, including an expansion in 2017 to both 1st and 2dn floors larger kitchens with stinless steel appliances, quartz countertops and custom cabinetry, as well as remodeled bathrooms on both 1st and 2nd floors, add significant value and appeal to potential tenants or buyers. The finished attic and partially finished basement with separate entrances provide added versatility and potential for additional rental income. Its prime location near transportation hubs like NJ Transit, bus at the corner, as well as its proximity to Newark Airport, make it extremely convenient for commuters Additionally, the ample parking space for up to 7 cars is a extraordinary asset in an urban setting.This property is a highly desirable option for both investors looking to expand their portfolio and owner-occupants seeking a comfortable living space with the potential for rental income to offset mortgage costs.The property is in a great condition, sold AS-IS.
Seller will provide certificates required to close. ALL OFFERS DUE 6/6 by 12 Noon.- Multiple offers received. NO MORE SHOWINGS
Presented by Johanna Ruiz at
Keller Williams Premier.
Property MLS #3903714 from GardenState
Full Bathrooms: 4
Fire Extinguisher
Smoke Detector
Walk-In Closet
Basement Description: Finished-Partially
Heating Features: Baseboard - Hotwater
Heating Fuel: Gas-Natural
Parking Total: 7
Lot Size Square Feet: 4792
Unit-1 Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, Pantry
Unit-2 Description: Bedrooms, Eat-In Kitchen, Kitchen, Master Bedroom, Pantry, Porch
Unit-1 Furnished Description: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas
Unit-2 Furnished Description: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
Source Listing Status: Under Contract
County: Union
Directions: Take 1&9 North to McClellen St. Then take McClellen to Frelinghuysen Ave. Turn left on to Newark Ave.
Tax Year: 2023
Source Property Type: Multi-Family
Exclusions: 1st Floor Refrigerator -
Home Warranty: No
Zoning: RES
Source System Name: C2C
Coming Soon Date: 2024-06-01
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $23,300 + $8,400 $31,700 | $9,963 |
| 2022 | $23,300 + $8,400 $31,700 | $9,693 |
| 2021 | $23,300 + $8,400 $31,700 | $9,493 |
| 2020 | $23,300 + $8,400 $31,700 | $9,278 |
| 2019 | $23,300 + $8,400 $31,700 | $9,137 |
| 2018 | $23,300 + $8,400 $31,700 | $9,048 |
| 2017 | $23,300 + $8,400 $31,700 | $8,795 |
| 2016 | $23,300 + $8,400 $31,700 | $8,796 |
| 2015 | $23,300 + $8,400 $31,700 | $8,273 |
| 2014 | $23,300 + $8,400 $31,700 | $8,025 |
| 2013 | $23,300 + $8,400 $31,700 | $7,575 |
| 2012 | $23,300 + $8,400 $31,700 | $7,176 |
| 2011 | $23,300 + $8,400 $31,700 | $7,220 |
| 2009 | $23,300 + $8,400 $31,700 | $6,390 |
| 2008 | $23,300 + $8,400 $31,700 | $5,966 |
| 2007 | $23,300 + $8,400 $31,700 | $5,656 |
$675,000
GardenState
Sold 2023-07-03
$980,000
Public Record
Sold 2023-01-18
$500,000
Public Record
Sold 2023-01-04
$500,000
GardenState
Listed 2022-09-19
$499,000
GardenState
Sold 1994-06-03
$160,000
Public Record
Sold 1984-09-01
$65,000
Public Record
Sold 1979-12-01
$47,000
Public Record
Year Built: 1920
Building Exterior Type: Vinyl Siding
Property Age: 104
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: Approximate, Renovated
Year Remodeled: 2017
Cable TV
Fiber Optic Available
Garbage Included
Water Source: Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.