Impeccable 4-family 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.
Listed By
Agency Name: NEW AND MODERN GROUP
Agency Contact: 908-312-5113
Shown By
Agent Name: Joseph C Gantert
Agent Phone: Cell: (267) 342-0511
Agency Title: RealtyMark
Estimated Payment
$ 3,127.14 per month $1,869.48 Principal & Interest $1,012.67 Property Tax $245.00 Homeowner's Insurance
718 Thomas St | MLS# 4022414
This multi-family property located at 718 Thomas St, Elizabeth, NJ 07202 is currently listed for sale with an asking price of $839,999. Search Elizabeth real estate on jgantert.realtymark.net today.