$1,200,000

Estimated payment $8,439/month

Total Views 472
7 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Elizabeth High School Rated A
  • Oversized Parking

About This Home

Great investment property. 5-unit building sitting on a 71x100 lot with 2 driveways. Could be a good opportunity for developer to build or may be possible to subdivide right side and build new 2 family. Left side is driveway with 2 car garage with loft above garage, leased to a contractor along with 2 one-bedroom units on 1st floor for $3,500.00, 2nd. studio rented for $900.00 and the other 2 two-bedroom units rented for $1,500.00 each. The right side of the property have 8 parking spaces. The basement is finished. One heating furnace that is 2 years old and heats entire building.

Listing Agent

LEONEL BEXIGA

TOP CHOICE REALTY NETWORK Brokerage Phone: 908-353-8277 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,810

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Stone Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Radiant Heating System
  • Standard Electricity

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $65,988

Listing and Financial Details

  • Assessor Parcel Number 2904-00465-0000-00033-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,810

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 558
  • Directions: Off Route 1&9 North close to Summer St
  • I D: 5379183
  • Modified: 2025-08-18
  • Number Images: 4
  • Attribution Contact: 908-353-8277
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher
  • Total Number Rooms: 16
  • Bedrooms: 7
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 71X100
  • Assessed Improvement Value: 885600
  • Assessed Land Value: 300000
  • Assessment: 1185600
  • Lot Identifier: 33
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 22810
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00465-0000-00033-0000-
  • 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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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
08/18/2025 08/18/25 For Sale $1,200,000 -- --
Source: Garden State MLS

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Source: Garden State MLS

MLS Number: 3981872

Garden State MLS