Elizabeth, NJ 07208,746-748 NEWARK AVE
Elizabeth, NJ 07208,746-748 NEWARK AVE
Elizabeth, NJ 07208,746-748 NEWARK AVE
Elizabeth, NJ 07208,746-748 NEWARK AVE
Elizabeth, NJ 07208,746-748 NEWARK AVE
Elizabeth, NJ 07208,746-748 NEWARK AVE
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$805,000

$675,000

19.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,499 SqFt


SOLD DATE : 07/31/2024

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

Water Access N

Roof Type Shingle

Accessibility None

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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Bright MLS (BMLS)
Listed by Johanna Ruiz • Keller Williams Premier
Bought with Johanna Ruiz • Keller Williams Premier
Nina Bavosa

Agent | License ID: 2080701

+1(908) 510-9094 | nina@ninasellsnj.com

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