Savvy investors and first-time buyers take note 220 Inslee Pl in Elizabeth City, NJ is the kind of multifamily opportunity that checks every box. Spanning nearly 20,000 square feet, this 5 bedroom, 3 bathroom multi-family property sits on a compact 0.06-acre footprint and delivers serious income-generating potential from day one.The layout is purpose-built for the house-hacker or portfolio builder occupy one unit while the rental income from the others helps offset your mortgage, building equity without stretching your budget. Separate utilities keep expenses clean and landlord responsibilities straightforward, a detail that experienced investors know to look for. A gas water heater rounds out the mechanical profile, keeping operating costs manageable.Location adds another layer of appeal situated close to major highways and transit options, the property draws from a broad pool of prospective tenants who value connectivity and convenience. The income potential positions this as a genuine wealth-building opportunity rather than just a place to live. Hardwood floors beneath the existing surfaces hint at the character waiting to be uncovered, and the private outdoor space provides a welcome retreat.Whether you are building your first rental portfolio or looking for an owner-occupied solution that helps offset your housing costs, 220 Inslee Pl presents a compelling opportunity.
Active
$599,999
220 Inslee Pl, Elizabeth City, NJ 07206
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$636,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 2 days
- 142
- 13
Zillow last checked:
Listing updated:
Listed by:
Eliane Longhi 201-704-7048,
Serhant New Jersey Llc,
Paola Bermudez
Source: GSMLS,MLS#: 4048986
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- See Remarks, Natural Gas
Cooling
- See Remarks
Features
- Bedrooms, Kitchen
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None, Off Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 2904008170000000170000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Public Available
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Tax assessed value: $435,100
- Annual tax amount: $8,775
- Date on market: 8/29/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$636,700
$586,000 - $688,000
$2,378/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $599,999-10.4% |
Source: | ||
| 6/24/2025 | Listing removed | $670,000 |
Source: | ||
| 6/7/2025 | Listed for sale | $670,000+112.7% |
Source: | ||
| 7/19/2019 | Sold | $315,000+0.3% |
Source: | ||
| 7/2/2019 | Pending sale | $314,000 |
Source: JILL GUZMAN REALTY #3559557 Report a problem | ||
| 5/24/2019 | Listed for sale | $314,000+318.7% |
Source: JILL GUZMAN REALTY #3559557 Report a problem | ||
| 10/8/1998 | Sold | $75,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,371 | $435,100 +2178% |
| 2023 | -- | $19,100 |
| 2022 | $5,841 +104% | $19,100 |
| 2021 | $2,863 -48% | $19,100 |
| 2020 | $5,505 +1% | $19,100 |
| 2019 | $5,452 +33.2% | $19,100 |
| 2018 | $4,092 -22.8% | $19,100 |
| 2017 | $5,300 +6.3% | $19,100 |
| 2016 | $4,985 +3.1% | $19,100 |
| 2015 | $4,835 +5.9% | $19,100 |
| 2014 | $4,565 +5.6% | $19,100 |
| 2013 | $4,324 -0.6% | $19,100 |
| 2012 | $4,351 +7.6% | $19,100 |
| 2011 | $4,044 +5% | $19,100 |
| 2010 | $3,850 +7.1% | $19,100 |
| 2009 | $3,595 | $19,100 |
| 2008 | -- | $19,100 |
| 2007 | $3,408 | $19,100 |
| 2006 | -- | $19,100 |
| 2005 | -- | $19,100 |
| 2004 | -- | $19,100 |
| 2003 | -- | $19,100 |
| 2002 | -- | $19,100 |
| 2001 | -- | $19,100 |
Find assessor info on the county website
Monthly payment
Est. payment







