558 S Broad St Elizabeth, NJ $ 1,080,000
558 S Broad St
$ 1,080,000
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558 S Broad St

Elizabeth, NJ, 07202
$ 1,080,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 6,650

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Multi-Family Home for sale in Elizabeth, NJ

for $1,080,000 with 8 bedrooms and 6 full baths. This home was built in 1925 on a lot size of 0.16.

Remarks: Great investment property. 5-unit building sitting on a 71x100 lot with 2 driveways. Could be a good opportunity for developer to build or may be possible to subdivide right side and build new 2 family. Left side is driveway for 5 cars with 2 car garage with loft above garage, leased to a contractor along with 2 one-bedroom units on 1st floor for $3,600.00, 2nd. studio rented for $1000.00 and the other 2 two-bedroom units rented for $1,500.00 each. The right side of the property have 8 parking spaces. (Bonus) basement is finished. One heating furnace that is 2 years old and heats entire building.

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Multi-Family Active

Price

$ 1,080,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 23,913

Style

3-Three Story

Lot Size

0.16

Year Built

1925

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4024400

Features
General
Sewer Public Sewer
Heating 1 Unit
Cooling None
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle
Garage Spaces 2
Architectural Style 3-Three Story
Year Built 1925
Garage Detached Garage Oversize Garage
Township Elizabeth City
Tax Year 2025
Gross Income 42500
County Union
Net Operating Income 67900
Operating Expense 110400
Total Rooms 18
Full Baths 6
Status Active
Directions Off Route 1&9 North
Open Parking Spaces 14
Number Of Units Total 4
Tax Annual Amount 23913
Drive Additional Parking Blacktop
Standard Status Active
Tax Assessed Value 1185600
Town # 2904
Tax Lot 33
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Interior
Basement Finished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 71X100
Lot Size Acres 0.16
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* Excluded Features
List By
LEONEL BEXIGA

Listing Agent

Top Choice Realty Network

Broker

BEXIGA57@MSN.COM

Email

Affordability Calculator

$8,642
Per Month
77%
23%
0%
Monthly Principal & Interest
$6,650
Monthly Property Taxes
$1,993
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$1,080,000 Listed Price

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558 S Broad St, Elizabeth, NJ, 07202 is a Multi-Family Home for sale at $1,080,000 with a lot size of 0.16. 558 S Broad St has 8 bedrooms, 6.0 baths, and was built in 1925. The property's zip code is 07202 which is in Elizabeth, NJ