Skip To Content

746 Newark Ave

Elizabeth City, NJ 07208
  • $675,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 3903714
UPDATED: 166 min ago
$675,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,499
    SQFT
  • $193
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

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.The property is in a great condition, sold AS-IS. Seller will provide certificates required to close. ALL OFFERS DUE 6/6 by 12 Noon.- Multiple offers received. NO MORE SHOWINGS

Monthly Payment Calculator



Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-15T19:46:15.137.
www.trompeterrealestate.com/homes/150899059
Print Image

746 Newark Ave Elizabeth City, NJ 07208

  • Price: $675,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 166 min ago
  • MLS #: 3903714
9
Beds
4
Baths
0
½ Baths
0.11
Acres
3,499
SQFT
$193
$/SQFT
1920
Built
County:
Union
Area:
Elizabeth City
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.The property is in a great condition, sold AS-IS. Seller will provide certificates required to close. ALL OFFERS DUE 6/6 by 12 Noon.- Multiple offers received. NO MORE SHOWINGS
Exterior Features

Approximate Lot Size 33X150 Exterior Description Vinyl Siding Exterior Features Open Porch(es) Garage Description None Number Of Parking Spaces 7 Parking Driveway Description Driveway-Shared Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-Partially Cooling Ductless Split AC Heating Baseboard - Hotwater Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWalk-In Closet Total Number Of Rooms 23 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherMicrowave OvenRange/Oven - Gas Unit1 Baths 0.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 0 Unit1 Room Description BedroomsEat-In KitchenKitchenLiving RoomMaster BedroomPantry Unit1 Rooms 0 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorDishwasherMicrowave OvenRange/Oven - GasRefrigerator Unit2 Baths 0.0 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Levels 0 Unit2 Room Description BedroomsEat-In KitchenKitchenMaster BedroomPantryPorch Unit2 Rooms 0 Unit2 Sq Ft 0

Property Features

Assessment Total 549500 Building Assessment 362900 Easement Yes Easement Description Driveway Exclusions 1st Floor Refrigerator - Expenses Include Garbage Collection Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 186600 Net Operating Income 0 Renovated Year 2017 Services Cable TVFiber Optic AvailableGarbage Included Sewer Public Sewer Tax Amount 12294 Tax Rate Amount 31.430 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities All Underground Water Public Water Water Heater Gas Year Built Description ApproximateRenovated Zoning RES

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 609-459-5100.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-15T19:46:15.137.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3903714-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3903714-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3903714-2.jpg
Logo
Trompeter Real Estate
355 Varick Street
Jersey City NJ, 07302