Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market.Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!
| MLS # | NJUN2000614 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 91 |
| Listing Provided By | Keller Williams Realty West Monmouth | Michael Lamie |
| SQ Feet | 2,760 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | MULTI-FAMILY |
| Acreage | 0.12 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric, Other |
| Roof | Asphalt |
|---|---|
| Construction Materials | Other, Vinyl Siding |
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Utilities | Under Ground |
|---|
| Tax Annual Amount | 10589 |
|---|
| State | NJ |
|---|---|
| County | UNION NJ |
| City | ELIZABETH |
| Zip Code | 07208 |
| Area | Elizabeth City (22004) |
| Community Name | ELMORA |
| School District | ELIZABETH PUBLIC SCHOOLS |
| Listing VS Median (in ELMORA) | |
Price: $780,000 low | high Med: $780,000 sqft: 2,760 low | high Med: 2,760 $ / sqft: $283 low | high Med: $283 On site: 91 low | high Med: 91 | |
| State | NJ |
|---|---|
| County | UNION NJ |
| City | ELIZABETH |
| Zip Code | 07208 |
| Area | Elizabeth City (22004) |
| Community Name | ELMORA |
| School District | ELIZABETH PUBLIC SCHOOLS |
| Listing VS Median (in ELMORA) | |
Price: $780,000 low | high Med: $780,000 sqft: 2,760 low | high Med: 2,760 $ / sqft: $283 low | high Med: $283 On site: 91 low | high Med: 91 | |