Fully finished basementAdditional usable spaceSeparate dining areaWell-designed units
Impeccable investment property located in the highly desirable Bayway section of Elizabeth, NJ, offering a rare opportunity for both investors and owner-occupants. The building features four well-designed units, each consisting of 1 bedroom, 1 full bathroom, a comfortable living room, and a separate dining area, providing functional and inviting layouts that are consistently in demand. All units are in excellent, move-in condition and have been meticulously maintained, reflecting true pride of ownership and minimal deferred maintenance. A standout feature of the property is the right-side unit, which includes a fully finished basement, offering additional usable space that can serve as recreation, storage, or extended living adding both flexibility and potential value. Situated in a strong rental corridor with close proximity to major highways, public transportation, shopping, and local amenities, this property benefits from consistent tenant demand and long-term stability. With its solid unit mix, turnkey condition, and prime location, this asset presents an excellent opportunity for immediate cash flow, long-term appreciation, or owner-occupancy with supplemental income, making it a valuable addition to any real estate portfolio.
122 days
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148
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6
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Zillow last checked:
Listing updated:
Listed by:
Ami Yazmin Cruz908-312-5113,
New And Modern Group
Source: GSMLS,MLS#: 4022414
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Heating
1 Unit, Natural Gas
Cooling
See Remarks
Appliances
Included: See Remarks
Features
Bedrooms, Dining Room, Kitchen, Living Room
Basement: Yes,Finished,Full
Has fireplace: No
Interior area
Total structure area: 4,796
Total interior livable area: 4,796 sqft
Property
Parking
Parking features: On Street
Lot
Size: 4,791 Square Feet
Dimensions: 48 x 100
Details
Parcel number: 2904004960000000040000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick, Stucco
Roof: Asphalt Shingle
Condition
Year built: 1945
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected
Community & HOA
Location
Region: Elizabeth
Financial & listing details
Price per square foot: $175/sqft
Tax assessed value: $602,500
Annual tax amount: $12,152
Date on market: 4/22/2026
Total actual rent: 6236
Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas