1024 Sheridan Ave, Elizabeth City NJ 07208-3048

$975,000
Active
Elizabeth City
Bedrooms
9

About this home

Excellent investment opportunity in Elizabeth! This well-maintained 4-family property features four spacious 2-bedroom, 1-bath units with strong rental potential. One unit is currently vacant, offering an excellent opportunity for an owner-occupant or investor to place a new tenant at market rent.The property also features a finished basement with a full bathroom and additional usable space, providing added flexibility and potential. Major improvements include a newer roof with solar panels and updated central air throughout the property.Parking is a major plus, with a 2-car garage and 2 additional off-street parking spaces in the rear. With four desirable units, significant updates, ample parking, and excellent income potential, this property is a great addition to any investment portfolio or an ideal opportunity for an owner-occupant looking to offset housing costs with rental income.Conveniently located near major highways, public transportation, shopping, dining, and other local amenities. Don't miss this opportunity to own a solid income-producing multifamily property in Elizabeth!

Taxes & fees

Annual property tax
$13,465
Tax year
2025
Tax rate
2.017

Property details

Year Built
1927
Roof (*text)
Asphalt Shingle
Lot Size Area
0.10
MLS #
4045703

Features & amenities

Year Built (*numeric)
1927
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
10
Basement (*text)
Yes
Cooling (*text)
4+ Units
Garage spaces
2
Heating
4+ Units
Lot dimensions
35X122.05
Property Location

40.68737, -74.20773

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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