Impeccable 4-family investment property located in the highly desirable Bayway section of Elizabeth, NJ, offering a rare opportunity for both investors and owner-occupants. The building features four well-designed units, each consisting of 1 bedroom, 1 full bathroom, a comfortable living room, and a separate dining area, providing functional and inviting… Read More layouts that are consistently in demand. All units are in excellent, move-in condition and have been meticulously maintained, reflecting true pride of ownership and minimal deferred maintenance. A standout feature of the property is the right-side unit, which includes a fully finished basement, offering additional usable space that can serve as recreation, storage, or extended living adding both flexibility and potential value. Situated in a strong rental corridor with close proximity to major highways, public transportation, shopping, and local amenities, this property benefits from consistent tenant demand and long-term stability. With its solid unit mix, turnkey condition, and prime location, this asset presents an excellent opportunity for immediate cash flow, long-term appreciation, or owner-occupancy with supplemental income, making it a valuable addition to any real estate portfolio. Read Less
Courtesy of NEW AND MODERN GROUP.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
4
Square Ft.
4,796
Lot Size
0.11 Acres
Year Built
1945
MLS Number
4022414
30 Days Snapshot Of 07202
$428k
-10%
(avg) sold price
2
-33%
homes sold
120
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Full, Yes
Building
Built in 1945
Cooling
See Remarks
Exterior Features
Brick, Stucco
Water Features
Public Water
Heating
Gas-Natural, 1 Unit
Lot
Approximate Lot Size: 48X100, 0.11 acres
Parking
On-Street Parking
Property
4,796 sqft building, 4 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $12,152, Tax Rate: 2.017
Unit One
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Unit Three
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Unit Four
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Utilities
Gas-Natural
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