700-702 Park AVE, Elizabeth, NJ 07208
700-702 Park AVE, Elizabeth, NJ 07208
700-702 Park AVE, Elizabeth, NJ 07208
53
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$1,300,000
Est. payment /mo
5,328 SqFt
Active

700-702 Park AVE Elizabeth, NJ 07208

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Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,328 sqft

Price per Sqft $243

MLS Listing ID 2618226R

Year Built 1920

Annual Tax Amount $19,839

Tax Year 2025

Lot Dimensions 150.00 x 61.14

Property Sub-Type 3 Family

Source CJMLS API

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

Community Curbs, Sidewalks

Rooms

Basement Full, Other Room(s), Utility Room

Interior

Interior Features Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room, See Remarks)

Heating Radiant, Forced Air

Cooling A/C Central - Some, A/C Window Unit(s), Unit 1(A/C Central)

Appliance Water Heater(See Remarks, Gas), Unit 1(Range/Oven)

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es) - Enclosed, Curbs, Deck, Sidewalk

Garage Spaces 1.0

Community Features Curbs, Sidewalks

Utilities Available Underground Utilities

Roof Type See Remarks

Porch Enclosed, Deck

Building

Lot Description Corner Lot, See Remarks, Irregular Lot

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0400084000000005

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2618226R


Central Jersey MLS (CJMLS)
Listed by KELLER WILLIAMS WEST MONMOUTH

NEARBY SCHOOLS & PROPERTIES

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700-702 Park AVE