700-702 Park Ave, Elizabeth, NJ 07208

$1,300,000
5,328
SqFt

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List Price
$1,300,000
Days on Market
35
Status
ACTIVE
MLS#
NJUN2000610
Living Area
5,328
Style
Other
Year Built
1920
County
Union
School District
Elizabeth Public Schools

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

Area
Elizabeth City (22004)
Taxes
$309145
School District
Elizabeth Public Schools
Garage
Yes
Garage Spaces
1
Heating
Forced Air, Baseboard - Electric
Heating Fuel
Natural Gas
Cooling
Central A/C, Other
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty West Monmouth. Contact: 7325369010