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700-702 Park Avenue, Elizabeth, NJ, 07208

$1,300,000

6

Beds

5

Bathrooms

5,328

Building Sqft

0.21

Acres

9,148

Lot Sqft

About 700-702 Park Avenue

Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don’t miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!

Features of 700-702 Park Avenue

MLS® #
22619362
Bedrooms
6
Bathrooms
5
Full Baths
5
Acres
0.21
Type
Multi-Family
Price
$1,300,000
Square Footage
5,328
Year Built
1920
Sub-Type
Three Family

Additional Features

Subdivision
None

Exterior

Lot Description
[]

Community Information

Address
700-702 Park Avenue
Subdivision
None
City
Elizabeth
County
Union
State
NJ
Zip Code
07208

Listing Information

Agent Name
Lara Jaber
Agent Office
Keller Williams Realty West Monmouth

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(718) 987-7900