$695,000
PENDING

Estimated payment $4,559/month

Total Views 8,577
8 Beds
3 Baths
2,368 Sq Ft
$293 Price per Sq Ft

About This Home

Tremendous opportunity to own this multifamily, income producing property in Elizabethport, NJ. This home is 2368 square feet, and features (2) 3 bedroom apartments on level 1 and 2. A finished 3rd level with a kitchenette, full bath and 2 more bedrooms! The unfinished basement has enormous potential with separate entry to yard. This home has endless possibilities and is a huge money maker!

Listing Agent

Gaetano Marasa

NEUHAUS REALTY INC Brokerage Phone: 732-946-2911 Listed on: 03/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,654

Year Built

  • Built in 1910

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot

Community Details

  • 2,368 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2904-00806-0000-00042-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,654

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 161
  • Directions: Court Street
  • I D: 5342723
  • Modified: 2025-07-01
  • Number Images: 23
  • Attribution Contact: 732-946-2911
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 11
  • Bedrooms: 8
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

  • Exterior Description: Aluminum Siding, Brick, Vinyl Siding
  • Roof Description: Asphalt Shingle

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 317000
  • Assessed Land Value: 132800
  • Assessment: 449800
  • Lot Identifier: 42
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8654
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00806-0000-00042-0000-
  • Tax Rate Amount: 1.924
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,669 $449,800 $132,800 $317,000
2023 $7,669 $24,400 $5,400 $19,000
2022 $7,461 $24,400 $5,400 $19,000
2021 $7,307 $24,400 $5,400 $19,000
2020 $7,142 $24,400 $5,400 $19,000
2019 $7,033 $24,400 $5,400 $19,000
2018 $6,964 $24,400 $5,400 $19,000
2017 $6,770 $24,400 $5,400 $19,000
2016 $6,771 $24,400 $5,400 $19,000
2015 $6,368 $24,400 $5,400 $19,000
2014 $6,177 $24,400 $5,400 $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Pending -- -- --
04/04/2025 04/04/25 Price Changed $695,000 -3.5% $293 / Sq Ft
03/08/2025 03/08/25 For Sale $720,000 +111.8% $304 / Sq Ft
12/09/2020 12/09/20 Sold $340,000 -2.9% --
10/22/2020 10/22/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $350,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $340,000 Title Experts
Deed $240,000 --
Deed $183,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $333,841 FHA
Previous Owner $322,000 New Conventional
Previous Owner $216,000 No Value Available
Source: Public Records

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Source: Garden State MLS

MLS Number: 3949776

Garden State MLS

APN: 04-00001-0000-00100