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  • $846,000

    589 Cherry St, Elizabeth City, NJ 07208

    6beds
    2,526sqft
    : 
    $5,686/mo
    Get pre-qualified
    Multi Family
    Built in 1999
    -- sqft lot
    $-- Zestimate®
    $335/sqft
    $-- HOA

    What's special

    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!
    4 days
    245
    29

    Zillow last checked:

    Listing updated:

    Listed by:

    Alejandra Coscarelli 609-303-3456,

    Re/Max Instyle

    Source: GSMLS,MLS#: 4057135MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • 2 Units, Natural Gas
      Cooling
      • 2 Units
      Appliances
      • Included: Dishwasher, Dryer, Exhaust Fan, Range/Oven - Gas, Refrigerator, Washer, Microwave Oven, Gas Water Heater
      • Laundry: Laundry Room
      Features
      • Walk-In Closet(s), Bedrooms, Family Room, Kitchen, Living/Dining Room, Storage, Dining Room, Eat-In Kitchen, Living Room
      • Flooring: Tile, Vinyl-Linoleum Floors
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,526
      • Total interior livable area: 2,526 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Asphalt, Attached Garage, Built-In Garage
      • Attached garage spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Metal Fence
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 61 x 100
      • Features: Corner Lot
      Details
      • Additional structures: Storage Shed
      • Parcel number: 2904000980000000010001

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1999

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
      • Subdivision: Elmora / Kean University
      Location
      • Region: Elizabeth

      Financial & listing details

      • Price per square foot: $335/sqft
      • Tax assessed value: $566,400
      • Annual tax amount: $13,739
      • Date on market: 10/11/2026
      • Total actual rent: 6250
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/11/2026Listed for sale$846,000+45.9%$335/sqft
        Source: GSMLS #4057135 Report a problem
        12/30/2021Listing removed--
        Source: GSMLS #3723898 Report a problem
        10/5/2021Listed for sale$580,000$230/sqft
        Source: GSMLS #3723898 Report a problem
        7/21/2021Listing removed--
        Source: GSMLS #3723898 Report a problem
        7/12/2021Price change$580,000+5.5%$230/sqft
        Source: GSMLS #3723898 Report a problem
        6/29/2021Listed for sale$550,000$218/sqft
        Source: GSMLS #3723898 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        73 / 100
        Very Walkable
        52 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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