334 1St Ave, Elizabeth City NJ 07206-1653

$899,999
Active
Elizabeth City
Bedrooms
10

About this home

The perfect rooming house does exist and this exceptional investment property is proof. Offering strong, consistent cash flow and an impressive level of maintenance and upgrades, this property is a true turnkey opportunity for investors looking to add a high-performing asset to their portfolio. Meticulously maintained and thoughtfully improved by the current owner, the property features 8 rooming units, 6 bathrooms, a large finished basement, parking, central A/C, forced hot-air heating, and much more. Every detail has been cared for, creating a property that not only performs financially but also stands out in quality and presentation. The owner occupies first floor principal unit counts with 2 bedrooms, which has been beautifully upgraded with a modern kitchen, renovated bathroom, and tasteful finishes throughout, offering comfortable and stylish living space while adding even more value to the property.Location is another major advantage. Situated conveniently near major highways, Newark Airport, shopping centers, and public transportation, the property offers easy access to everything helping support strong rental demand and year-round occupancy. Whether you're an experienced investor looking to expand your portfolio or searching for a proven income-producing property, this is an opportunity that deserves your attention. Don?t miss your opportunity to own this exceptional income producing asset. Schedule showing today this could be your next great investment.

Taxes & fees

Annual property tax
$11,125
Tax year
2025
Tax rate
2.017

Property details

Year Built
1905
Roof (*text)
See Remarks
MLS #
4048584

Features & amenities

Year Built (*numeric)
1905
Basement
Yes
Roofing (*text)
See Remarks
Days on market
0
Basement (*text)
Yes
Cooling (*text)
1 Unit, Central Air
Heating
1 Unit, Forced Hot Air
Lot dimensions
39.24X98XIRR
Property Location

40.65082, -74.19597

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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