About 700-702 Park Avenue
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!
Features of 700-702 Park Avenue
| MLS® # | 2618226R |
|---|---|
| Price | $1,249,000 |
| Square Footage | 5,328 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 700-702 Park Avenue |
|---|---|
| City | Elizabeth |
| County | Union |
| State | NJ |
| Zip Code | 07208 |
Amenities
| Utilities | Underground Utilities |
|---|---|
| Parking | Garage, Detached, See Remarks, 3-4 Car Parking |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
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) |
|---|---|
| Appliances | Water Heater(See Remarks,Gas), Unit 1(Range/Oven) |
| Heating | Radiant, Forced Air |
| Cooling | A/C Central - Some,A/C Window Unit(s), Unit 1(A/C Central) |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Other Room(s), Utility Room |
Exterior
| Exterior Features | Porch(es) - Enclosed, Curbs, Deck, Sidewalk |
|---|---|
| Lot Description | Corner Lot, See Remarks, Irregular Lot |
| Roof | See Remarks |
Additional Information
| Days on Market | 55 |
|---|
Listing Details
| Office | KELLER WILLIAMS WEST MONMOUTH |
|---|