700 Park Ave, Elizabeth City, NJ 07208

$1,249,000
6
BD
5
BA

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List Price
$1,249,000
Price Change
▼ $51,000 1787274126
Days on Market
77
Status
ACTIVE
MLS#
4037152
Bedrooms
6
Bathrooms
5
Full Baths
5
Year Built
1920
County
Union

Property Description

Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!

Additional Information

Subdivision
Old Colony Land Co/Elmore
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
Garage
Detached Garage, See Remarks
Garage Spaces
1
Exterior Features
Deck, Enclosed Porch(es), See Remarks, Sidewalk
Heating
1 Unit, Baseboard - Electric, Forced Hot Air
Cooling
1 Unit, See Remarks
Roof
Asphalt Shingle, See Remarks
Utilities
All Underground
Water
Public Water
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of KELLER WILLIAMS REALTY, Contact: 732-536-9010