$749,999
PENDING

Estimated payment $5,219/month

Total Views 2,714
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 3-minute walk to O'Brien Park
  • Elizabeth High School Rated A

About This Home

Incredible investment opportunity! This fully occupied 4-unit multifamily offers strong rental potential in a prime Elizabeth location. Perfect for generating consistent cash flow. Ideal for investors seeking stable income or homeowners looking to live in one unit while renting out the others. Close to public transportation, major highways, shopping, and schools. Don't miss out on this high-demand, income-producing asset! This is an AS-IS sale, buyer to obtain CO/Town Certificates

Listing Agent

Peter Boutros

EXP REALTY, LLC Brokerage Phone: 908-913-8708 Listed on: 05/19/2025

EXP REALTY, LLC

Co-Listing Agent

DANIEL CORREA

EXP REALTY, LLC Brokerage Phone: 908-913-8708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,591

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Additional Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Standard Electricity

Additional Features

  • Unfinished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 2904-00610-0000-00011-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,591

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story, Fourplex
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 316-318
  • Directions: From Route 1&9, take Elizabeth Ave exit, turn left on John St. Property is on the right. GPS works fine
  • I D: 5358379
  • Modified: 2025-08-09
  • Number Images: 39
  • Attribution Contact: 908-913-8708
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 12
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle, Flat

Garage/Parking

  • Garage Description: Detached Garage
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: 45X100
  • Assessed Improvement Value: 527500
  • Assessed Land Value: 178900
  • Assessment: 706400
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 13591
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00610-0000-00011-0000-
  • Tax Rate Amount: 1.924
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 4

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

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Pending -- -- --
05/24/2025 05/24/25 For Sale $749,999 +172.7% --
10/30/2016 10/30/16 Sold $275,000 +1.9% --
07/26/2016 07/26/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $270,000 -- --
Source: Garden State MLS

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Source: Garden State MLS

MLS Number: 3964003

Garden State MLS