Elizabeth, NJ 07202,620 Maple Avenue
Elizabeth, NJ 07202,620 Maple Avenue
Elizabeth, NJ 07202,620 Maple Avenue
Elizabeth, NJ 07202,620 Maple Avenue
Elizabeth, NJ 07202,620 Maple Avenue
Elizabeth, NJ 07202,620 Maple Avenue
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$920,000

$979,000

6.0%
Est.Price: ?

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Est. payment /mo

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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Monmouth Ocean MLS (MOMLS)
Listed by RE/MAX Central
Bought with NON MEMBER
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36 Monmouth Street, Bank, NJ, 07701, United States

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