512-PT514 Madison Ave
Elizabeth City, NJ 07201
Price: $700,000
GSMLS: 3986286Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1900
Acres: 0.14
Property Tax: $10,431
Description
Exceptional Investment Opportunitysolid Three-family Property Situated On An Oversized Lot In A Prime Area Of Town. Each Unit Offers 2 Bedrooms, A Full Kitchen, And A Full Bath. The Exterior Has Been Fully Updated, Minimizing Upfront Capital Expenditures. Interiors Require Renovation Ideal For Value-add Investors Looking To Maximize Cash Flow Or Reposition For Resale. Strong Rental Upside With Multiple Income Streams. Strategically Located Near Nyc, Major Airports, And Key Transit Hubs. Rare To Find This Combination Of Location, Lot Size, And Potential. Act Quickly This Won't Last.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Composition Shingle
Lot Size:
55X108
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
Blacktop, Common, Driveway-Shared
Spaces Available:
6
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Living/Dining Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat
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:
Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas In Street
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$700,000
Tax Amount:
$10,431
Land Assessment:
$206,600
Build. Assessment:
$335,600
Total Assessment:
$542,200
Tax Rate:
1.92
Tax Year:
2024
Listing Information
MLS ID:
3986286
List Date:
09-11-2025
Days On Market:
0
Listing Broker:
CHRISTIE'S INT. REAL ESTATE GROUP
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com
