Located in Elizabeth's highly sought-after North End, 611 Jefferson offers a rare combination of location, scale, and upside potential. Just under one mile (.7 to be exact) from the train station and moments from major highways, this well-positioned multi-family property is ideal for commuters, investors, and owner-occupants alike. Situated within… Read More the R-3A zone, which allows for residential properties of up to four units, this property presents an outstanding opportunity for potential conversion to a three & four unit homes, creating significant added value.The home is currently configured as a two-unit residence, with each unit offering an impressive 4-bedroom layout a true rarity in Union County. Additional living space includes a finished attic with 2 bedrooms, 1 full bathroom, and a separate entrance, as well as a finished basement with a full bathroom and summer kitchen with good ceiling height and its own private access, providing exceptional versatility.Completing the property is a large two-car garage and private driveway an especially valuable feature in this densely populated neighborhood where off-street parking is in high demand. 611 Jefferson is a unique opportunity to own a property with strong income potential, flexible use, and long-term upside in one of Elizabeth's most desirable locations. This home has potential for an additional 30k-36k in extra rental income. Read Less
Courtesy of SIGNATURE REALTY NJ.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
12
Lot Size
0.14 Acres
Year Built
1926
MLS Number
4015748
30 Days Snapshot Of 07201
$515k
0%
(avg) sold price
127
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Full, Walkout, Yes
Building
Built in 1926
Cooling
Window A/C(s)
Expenses
Expenses: Insurance, Taxes
Exterior Features
Aluminum Siding
Garage
2 garage spaces, Carport-Detached
Water Features
Gas, Public Water
Heating
Gas-Natural, 2 Units
Lot
Approximate Lot Size: 42X145, 0.14 acres, Level Lot
Parking
5 parking spaces, 1 Car Width
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $13,116, Tax Rate: 2.017
Unit One
1 bathroom, 4 bathrooms, 1,378 sqft, Handicap Accessibility: No, Dishwasher, Microwave Oven, Range/Oven - Gas
Unit Two
1 bathroom, 4 bathrooms, 1,378 sqft, Handicap Accessibility: No, Dishwasher, Microwave Oven, Range/Oven - Gas
Unit Three
1 bathroom, 2 bathrooms, 750 sqft, Handicap Accessibility: No
Utilities
All Underground, Gas-Natural
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