$920,000
$979,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
4 Baths
3,849 SqFt
SOLD DATE : 04/28/2023
Key Details
Sold Price $920,000
Property Type Multi-Family
Sub Type Four Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,849 sqft
Price per Sqft $239
Municipality Elizabeth (ELI)
MLS Listing ID 22300751
Sold Date 04/28/23
Bedrooms 10
Full Baths 4
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1908
Annual Tax Amount $19,204
Tax Year 2022
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 84.1 x 120
Property Sub-Type Four Family
Property Description
Welcome to 620-626 Maple Avenue. This family owned and occupied beautiful brick building contains 4-Units and was once owned by the pre-prohibition era Rising Sun Brewing Co. which operated from 1887 to 1920.
This building is located on an oversized lot in the Bayway section of Elizabeth, New Jersey.
This spacious 4-Family home is perfect for investors or owner-occupants looking to generate rental income.
The first floor of the home has two units, each with a Kitchen, Living Room, 2 Bedrooms, and Full Bathroom. The units are similar in layout and feature open floor plans.
The second floor is where another two units are located. Both units are identical in layout and feature a Kitchen, Living Room, 3 Bedrooms and a Full Bath. Between both units is a long storage hallway that stretches the entirety of the building. Use this space for possible separation between current bedroom layout.
The home also has a full, unfinished basement with high ceilings, providing ample storage space or the opportunity to add additional living space.
The lot comes with its own driveway where there are 4 Detached Garages and ample space for multiple cars to be parked right on the property.
This Multi-Family also features a large yard on the opposite side of the driveway which provides the potential possibility to develop another 2-3 Family Dwelling to create additional opportunity/income.
620-626 Maple Avenue is located in a great location, with easy access to public transportation and major roadways. This Multi-Family is just a short distance from the Ports and access to the Goethals Bridge. Don't miss this opportunity to own this income-generating property.
Location
State NJ
County Union
Area None
Direction Follow I-95 N to NJ-439 W/Bayway Ave in Elizabeth. Take exit 13 from I-95 N. Continue on NJ-439 W/Bayway Ave. Drive to Maple Ave.
Rooms
Basement Full
Interior
Interior Features Attic
Heating Radiant, Oil Above Ground
Cooling Multi Units
Exterior
Exterior Feature Fence, Lighting
Parking Features Paved, See Remarks, On Street, Detached, Oversized, Storage
Garage Spaces 4.0
Roof Type Tar Roll,Flat
Garage No
Private Pool No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Fence,Lighting
New Construction No
Others
Senior Community No
Tax ID 04-00004-0000-00903
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Bought with NON MEMBER
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