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1028 Sheridan Ave Elizabeth, NJ $ 1,040,000
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1028 Sheridan Ave
$ 1,040,000
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1028 Sheridan Ave

Elizabeth, NJ, 07208
$ 1,040,000
Bedrooms8 Baths5.0

Monthly Estimate*

$ 6,567

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Multi-Family Home for sale in Elizabeth, NJ

for $1,040,000 with 8 bedrooms and 5 full baths. This home was built in 1927 on a lot size of 0.1.

**INVESTOR & OWNER-OCCUPANT OPPORTUNITY!** Welcome to 1028 Sheridan Avenue, a well-maintained and updated legal 4-family property featuring four spacious 2-bedroom, 1-bath apartments. Fully occupied and generating strong rental income, with the possibility of one unit being delivered vacant. The property also features an expansive finished attic offering additional bonus space with a bedroom, full bath and kitchenette. Additional highlights include two separate unfinished basements, coin-operated laundry, an oversized two-bay garage, plus two additional off-street parking spaces. Boilers and water heaters were replaced approximately two years ago, offering added peace of mind for the next owner. Updated interiors, excellent income potential and room for future growth make this an outstanding addition to any investment portfolio or an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. Conveniently located near major highways, shopping, dining, schools and transportation. **A rare opportunity to acquire a turnkey 4-family property in Elizabeth!**

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Multi-Family Active

Price

$ 1,040,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 13,465

Style

2-Two Story

Lot Size

0.1

Year Built

1927

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4047597
Features
General
Sewer Public Sewer
Heating 4+ Units Radiant - Hot Water
Cooling Wall A/C Unit(s)
Utilities All Underground
Possession IMMEDIATE
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 2
Architectural Style 2-Two Story
Year Built 1927
Garage Assigned
Township Elizabeth City
Tax Year 2025
Gross Income 91704
County Union
Net Operating Income 67704
Operating Expense 24000
Total Rooms 23
Full Baths 5
Status Active
Directions RIGHT OFF OF NORTH AVENUE WEST. TWO BLOCKS ON THE LEFT
Open Parking Spaces 2
Number Of Units Total 4
Tax Annual Amount 13465
Home Warranty Y/N No
Drive 2 Car Width
Standard Status Active
Tax Assessed Value 667600
Town # 2904
Tax Lot 30
Farm Assessment No
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Interior
Basement Finished-Partially
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
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 Vinyl Siding
Lot Dimensions 35X122.05
Lot Size Acres 0.10
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* Excluded Features
List By
EDWIN DEVIA

Listing Agent

Elite Realtors Of New Jersey

Broker

Affordability Calculator

$7,689
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,567
Monthly Property Taxes
$1,122
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/18/2026$1,040,000 Listed Price

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1028 Sheridan Ave, Elizabeth, NJ, 07208 is a Multi-Family Home for sale at $1,040,000 with a lot size of 0.1. 1028 Sheridan Ave has 8 bedrooms, 5.0 baths, and was built in 1927. The property's zip code is 07208 which is in Elizabeth, NJ

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