718 Thomas St, Elizabeth City, NJ 07202

• 4 beds |
• 4 baths

Property Description

Impeccable 4-family investment property located in the highly desirable Bayway section of Elizabeth, NJ, offering a rare opportunity for both investors and owner-occupants. The building features four well-designed units, each consisting of 1 bedroom, 1 full bathroom, a comfortable living room, and a separate dining area, providing functional and inviting layouts that are consistently in demand. All units are in excellent, move-in condition and have been meticulously maintained, reflecting true pride of ownership and minimal deferred maintenance. A standout feature of the property is the right-side unit, which includes a fully finished basement, offering additional usable space that can serve as recreation, storage, or extended living adding both flexibility and potential value. Situated in a strong rental corridor with close proximity to major highways, public transportation, shopping, and local amenities, this property benefits from consistent tenant demand and long-term stability. With its solid unit mix, turnkey condition, and prime location, this asset presents an excellent opportunity for immediate cash flow, long-term appreciation, or owner-occupancy with supplemental income, making it a valuable addition to any real estate portfolio.

Listing Status:

Active

Data Last Updated:

April 25, 2026 at 5:43AM

Listing Office:

NEW AND MODERN GROUP : 201-256-1422

MLS ID:

4022414

Interior

• Basement: FinishedFull
• A/C: See Remarks
• Heating: 1 UnitGas-Natural

Exterior

• General: BrickStucco
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Union

Lot

• Driveway: On-Street Parking
• Zoning: 2904-00496-0000-00004-0000-

Utilities

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