589 Cherry St Elizabeth, NJ $ 846,000
589 Cherry St
$ 846,000
Open House 10/11 1pm - 4pm
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589 Cherry St

Elizabeth, NJ, 07208
$ 846,000
Bedrooms6 Baths3.0 Sq 2,526

Monthly Estimate*

$ 5,843

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Multi-Family Home for sale in Elizabeth, NJ

for $846,000 with 6 bedrooms and 3 full baths. This 2,526 square foot home was built in 1999 on a lot size of 0.14.

Excellent investment opportunity in a prime Elizabeth location! Built in 1999, this well-maintained and recently renovated 2-family home offers two spacious 3-bedroom units and excellent rental income potential. The first-floor unit features 3 bedrooms, 1 full bath, living room, dining room, in-unit laundry and storage shed. The second-floor unit offers 3 generously sized bedrooms and 2 full baths, including a primary suite with private en-suite bath and ample closet space, a spacious kitchen with abundant cabinetry and counter space, dining area, bright living room, in-unit laundry, and interior access to a 2-car attached garage. Both units feature central air and forced hot-air heat for year-round comfort. Additional off-street parking adds even more convenience. Ideally situated on a corner lot just 2 blocks from Kean University, with easy access to major highways, public transportation, Newark Liberty International Airport and NYC. A fantastic opportunity for investors or owner-occupants looking to generate strong rental income in a highly desirable and convenient location!

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Open House

10/11/2026 1:00 PM - 4:00 PM
589 Cherry St Elizabeth, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Coming Soon

Price

$ 846,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,739

Style

2-Two Story

Lot Size

0.14

Year Built

1999

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4057135

Features
Interior
Interior Amenities Fire Extinguisher Smoke Detector Tile Floors Vinyl-Linoleum Floors Walk-In Closet
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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General
Sewer Public Sewer
Heating 2 Units
Cooling 2 Units
Utilities All Underground
Possession At closing
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 2
Architectural Style 2-Two Story
Year Built 1999
Garage Attached Garage Built-In Garage
Township Elizabeth City
Tax Year 2025
Gross Income 75000
County Union
Net Operating Income 0
Operating Expense 0
Subdivision Name Elmora / Kean University
Total Rooms 11
Full Baths 3
Status Coming Soon
Directions Morris Ave to Trotters Ln. or Morris Ave to Cherry St.
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 13739
Drive Blacktop
Standard Status Coming Soon
Tax Assessed Value 566400
Town # 2904
Tax Lot 1.01
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Exterior
Exterior Amenities Metal Fence Storage Shed
Lot Features Corner
Water Source Public Water
Exterior Description Brick Vinyl Siding
Building Area Total 2526
Lot Dimensions 61X100
Lot Size Acres 0.14
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* Excluded Features
List By
ALEJANDRA COSCARELLI

Listing Agent

Re/Max Instyle

Broker

Affordability Calculator

$6,988
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$1,145
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/6/2026$846,000 Listed Price

Map


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589 Cherry St, Elizabeth, NJ, 07208 is a Multi-Family Home for sale at $846,000 with 2,526 sqft and a lot size of 0.14. 589 Cherry St has 6 bedrooms, 3.0 baths, and was built in 1999. The property's zip code is 07208 which is in Elizabeth, NJ