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$ 899,000
Est. payment /mo
Under Contract
611-613 Jefferson Ave Elizabeth City, NJ 07201
12 Beds
4 Baths
3,506 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,506 sqft
Price per Sqft $256
MLS Listing ID 4015748
Style 3-Three Story
Bedrooms 12
Full Baths 4
Year Built 1926
Annual Tax Amount $13,116
Tax Year 2025
Lot Size 6,098 Sqft
Property Description
Located in Elizabeth's highly sought-after North End, 611 Jefferson offers a rare combination of location, scale, and upside potential. Just under one mile (.7 to be exact) from the train station and moments from major highways, this well-positioned multi-family property is ideal for commuters, investors, and owner-occupants alike. Situated within the R-3A zone, which allows for residential properties of up to four units, this property presents an outstanding opportunity for potential conversion to a three & four unit homes, creating significant added value.The home is currently configured as a two-unit residence, with each unit offering an impressive 4-bedroom layout a true rarity in Union County. Additional living space includes a finished attic with 2 bedrooms, 1 full bathroom, and a separate entrance, as well as a finished basement with a full bathroom and summer kitchen with good ceiling height and its own private access, providing exceptional versatility.Completing the property is a large two-car garage and private driveway an especially valuable feature in this densely populated neighborhood where off-street parking is in high demand. 611 Jefferson is a unique opportunity to own a property with strong income potential, flexible use, and long-term upside in one of Elizabeth's most desirable locations. This home has potential for an additional 30k-36k in extra rental income.
Location
State NJ
County Union
Zoning R-3A
Rooms
Basement Finished, Full, Walkout
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Carport-Detached
Garage Spaces 2.0
Utilities Available All Underground, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by SIGNATURE REALTY NJ