700-702 Park Ave
Elizabeth City, NJ 07208
Price: $1,300,000
GSMLS: 4037152Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 5 Full
Garage: 1-Car
Year Built: 1920
Acres: 0.00
Property Tax: $19,839
Description
Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that promises a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!
General Info
Style:
3-Three Story
SqFt Building:
5,328
Total Rooms:
17
Basement:
Yes - Finished, Full
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
Roof:
Asphalt Shingle, See Remarks
Exterior:
See Remarks, Vinyl Siding
Lot Size:
61.14X150 X IRR
Lot Desc:
Corner, Irregular Lot
Parking
Garage Capacity:
1-Car
Description:
Detached Garage, See Remarks
Parking:
Driveway-Exclusive, On-Street Parking, See Remarks
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
3
Total Rooms:
9
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living Room, Pantry
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Baseboard - Electric, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
1 Unit, See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
Old Colony Land Co/E
Financial Considerations
List Price:
$1,300,000
Tax Amount:
$19,839
Land Assessment:
$303,600
Build. Assessment:
$680,000
Total Assessment:
$983,600
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4037152
List Date:
06-26-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS REALTY
Listing Agent:
Michael Lamie
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MountainClubNJ.com
