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746-748 NEWARK AVE Elizabeth, NJ 07208
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Key Details
Sold Price $805,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,499 sqft
Price per Sqft $230
MLS Listing ID NJUN2000328
Sold Date 07/31/24
Style Dwelling w/Separate Living Area
Abv Grd Liv Area 3,499
Originating Board BRIGHT
Year Built 1926
Annual Tax Amount $12,294
Tax Year 2024
Lot Size 4,948 Sqft
Acres 0.11
Lot Dimensions 33.00 x 150.00
Property Description
This turnkey multi-family property with 9 bedrooms and 4 bathrooms is an excellent investment opportunity.
The modern updates, including an expansion in 2017 to both 1st and 2dn floors larger kitchens with stainless 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 great 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.
NO MORE SHOWINGS - All offers due 6/6/24 by :12Noon
Location
State NJ
County Union
Area Elizabeth City (22004)
Zoning RES
Rooms
Basement Partially Finished
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Hot Water
Cooling Ceiling Fan(s), Ductless/Mini-Split, Window Unit(s)
Fireplace N
Heat Source None
Exterior
Garage Spaces 6.0
Utilities Available Above Ground
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Driveway, Off Street
Total Parking Spaces 6
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Dwelling w/Separate Living Area
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Elizabeth Public Schools
Others
Tax ID 04-00140-00016
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Conventional, Cash
Listing Terms FHA, Conventional, Cash
Financing FHA,Conventional,Cash
Special Listing Condition Standard
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Bought with Johanna Ruiz • Keller Williams Premier
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