Open House 5/5 12pm - 4pm
530 Court St
Elizabeth City, NJ, 07206 $ 699,500
Bedrooms7 Baths5.0 Monthly Estimate*
$ 4,886
Multi-Family Home for sale in Elizabeth City, NJ
for $699,500 with 7 bedrooms and 5 full baths. This home was built in 1930 on a lot size of 0.06.
Turnkey multi family with significant income potential and outstanding amenities situated in the city of Elizabeth. With 5 short term accommodation units generating between $10,000 to $14,000 per month with a management team in place. Daily rental 3 bed $150-211 & 1bed/studio $75-120 per night. Long term rental 2 x 3 bed $2500-3000, 1 bed $1500 & studio $1100-1400 estimated month rental $7600-$10300. Whether you're looking to live mortgage free, expand your portfolio or generate passive income, this property is an excellent choice. Each apartment is meticulously designed with outstanding luxury finishes, offering tenants or guests a modern and comfortable living experience. Bright floors and abundant natural light create an inviting atmosphere throughout and spacious garden perfect for entertaining. The property features a variety of unit layouts, including three 3-bedroom, 1-bathroom apartments on the 1st and 2nd floors, a 1-bedroom apartment on the 3rd floor, and two studio apartments in the basement. Enjoy the convenience of dedicated laundry facilities, ample storage space, Wi-Fi connectivity, 24-hour camera security, and smart locks, ensuring both guest or tenant satisfaction and ease of management. Nestled in a vibrant neighborhood, this property enjoys proximity to Newark Airport & Port, making it an ideal choice for travelers. Additionally, it provides easy access to schools, parks, Jersey Gardens Mall, and a convenient commute to New York City. 2022 taxes under 7k!
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Open House
5/5/2024 12:00 PM - 4:00 PM
530 Court St Elizabeth City, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralInterior Features Carbon Monoxide Detector Fire Extinguisher Smoke Detector Tile Floors Vinyl-Linoleum Floors
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater Radiators - Steam
Cooling Window A/C(s)
Utilities All Underground
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Exterior Features Deck FencVnyl
Zoning R2
Garage Spaces 0
Architectural Style 3-Three Story
Exclusions Open to negotiation
Year Built 1930
Garage None
Township Elizabeth City
Tax Year 2022
Gross Income 9999
County Union
Net Operating Income 999
Operating Expense 9999
Total Rooms 15
Status Active
Directions Trumbull St to East 6th St to Court St.
Open Parking Spaces 0
Total Units 2
Street Name Court St
Tax Annual Amount 6800
Home Warranty Y/N No
Drive On-Street Parking
Days on Market 21
Standard Status Active
Tax Assessed Value 21800
Town # 2904
Tax Lot 9
Farm Assessment No
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InteriorBasement Finished Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Full Baths 5
Half Baths 0
Total Bedrooms 7
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ExteriorLot Features Level Lot
Water Source Public Water
Exterior Description Stucco Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded FeaturesList ByDARRELL BAILEYListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $4,886
- Monthly Property Taxes
- $567
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Elizabeth, NJ
Average List Price $704,020
Percent of Sale Price 1%
About Elizabeth, NJ 129,831 Population
8% Since 2002
$ 46,469 Median Income
36.09 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/8/2024 | $699,500 | | Listed Price |