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Home For Sale In Elizabeth City, New Jersey
608-610 Monroe Ave, New Jersey, 07201

Home For Sale In Elizabeth City, New Jersey

house for sale
Listed: 06/17/24

608-610 Monroe Ave, New Jersey, 07201

6 Bed:
3 Bath:
Save
Price
$ 650,000

About This House

Exceptional Investment Opportunity: Spacious 2-Family Property with Bonus Apartment This impressive 2-family property is a rare find for investors seeking lucrative opportunities. Each apartment boasts expansive living spaces with ample natural sunlight, creating a warm and inviting atmosphere for tenants. Additionally, the property features a bonus attic apartment with a separate entrance, offering a spacious 1 bedroom and 1 bathroom setup, perfect for generating extra rental income.All tenants are currently on month-to-month leases, providing flexibility and potential for value add. The large, empty basement with high ceilings offers endless possibilities for further development or additional storage space. Situated near the main highway 1-9 and within close proximity to all major transportation options, including trains and buses. Furthermore, the property's location …  Full description

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Elizabeth Housing & Living

Household Income

Median household income: $45,186
Number of households: 40,219
The average household income in Elizabeth, NJ grew from $43,831 to $45,186 in the past year. This data is an estimate based upon 40,219 households in Elizabeth, NJ.
The chart below presents how household income is distributed in Elizabeth, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elizabeth, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Elizabeth, NJ equals $3k+ , which is more than the national average.