$550,000

614 12 4Th Ave, Elizabeth City, NJ 07202

4 beds |
3 baths

Multi-Family Home
Built in 1900
1,307sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Check out this amazing income-generating multifamily home! Why pay a mortgage when your house can pay it for you? Welcome to 614 1/2 Fourth Ave, a rare and versatile multi-family opportunity tucked away in one of Elizabeth's most convenient pockets - Peterstown. Whether you are looking to "house-hack" by living in one unit and renting the other, or you're an investor looking for a turn-key addition to your portfolio, this property delivers on every level. Two Modern Units: Bright, airy, and updated apartments featuring open layouts, contemporary kitchens with quartz counters, and stylish flooring. Bonus Value: The fully finished basement is a total game-changer! Perfect for a home office, recreation room, or massive storage area, adding significant usable square footage to the property. Separate Utilities: Ease of management with separate meters, making this a low-stress investment. All with an incredibly low property tax! Commuter's Dream: Located just minutes from the Elizabeth Train Station (Direct to NYC) and Newark Liberty International Airport. High Rental Demand: Situated near major employers, local hospitals, and the Jersey Gardens shopping hub. INVESTOR ALERT: This isn't just a home; it's a strategic asset. With a finished basement and two renovated units, the rental upside here is massive for the Elizabeth market. Don't wait for the "Sold" sign. Multi-family homes of this caliber with the added bonus of a finished basement are a rare find in today's market.

Listing Status:: Active
Data Last Updated:: May 10, 2026 at 6:40AM
Listing Office:: REAL : 855-450-0442
MLS ID:: 4012588

Basement: FinishedFullWalkout
A/C: Window A/C(s)
Heating: Baseboard - HotwaterGas-Natural

General: Vinyl SidingDeck
Parking: Parking spaces: 0

Roofing: Asphalt Shingle

County: Union

Driveway: On-Street Parking
Zoning: 2904-00540-0000-00012-0000-

Utilities: Gas-Natural
Water: Public Water
Sewer: Public Sewer

This listing courtesy of REAL

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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