700-702 PARK AVE, Elizabeth, NJ 07208
700-702 PARK AVE, Elizabeth, NJ 07208
700-702 PARK AVE, Elizabeth, NJ 07208
700-702 PARK AVE, Elizabeth, NJ 07208
700-702 PARK AVE, Elizabeth, NJ 07208
700-702 PARK AVE, Elizabeth, NJ 07208
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Scott Zielinski

Scott Zielinski

+1(856) 264-8671
Listed by Michael Lamie • Keller Williams Realty West Monmouth
$ 1,300,000
Est. payment | /mo

5,328 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

5,328 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,328 sqft

Price per Sqft $243

MLS Listing ID NJUN2000610

Style Other

Abv Grd Liv Area 5,328

Year Built 1920

Annual Tax Amount $309,145

Tax Year 2024

Lot Dimensions 61.14 x 150

Property Sub-Type Detached

Source BRIGHT

Property Description

Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!

Location

State NJ

County Union

Area Elizabeth City (22004)

Zoning MULTIFAMILY

Interior

Hot Water Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling Central A/C, Other

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Other

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage Y

Building

Lot Description Corner, Irregular

Foundation Other

Above Ground Finished SqFt 5328

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Elizabeth Public Schools

Others

Tax ID 04-00084-00005

Ownership Fee Simple

SqFt Source 5328

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Scott Zielinski
Scott Zielinski

Team Leader - Realtor® Associate | License ID: 1645364

+1(856) 264-8671 | scott@zhomesrealestate.com

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700-702 PARK AVE