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558 Court St

Elizabeth City, NJ 07206
  • $1,300,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 3944205
$1,300,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

Fantastic investment opportunity! 4-family home on oversized 7,501 sqft lot with potential for development/subdivision (subject to zoning approval). Strong cash flow with 4 separate units averaging $2,112/month in rent. Additional income potential renting 4 parking spaces. Conveniently located near schools, shopping, and transit.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-22T23:46:15.997.
www.baerhomes.com/homes/159989278
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558 Court St Elizabeth City, NJ 07206

  • Price: $1,300,000
  • Status: Active
  • On Site: 108 Days
  • MLS #: 3944205
8
Beds
4
Baths
0
½ Baths
0.17
Acres
1920
Built
County:
Union
Area:
Elizabeth City
Property Description
Fantastic investment opportunity! 4-family home on oversized 7,501 sqft lot with potential for development/subdivision (subject to zoning approval). Strong cash flow with 4 separate units averaging $2,112/month in rent. Additional income potential renting 4 parking spaces. Conveniently located near schools, shopping, and transit.
Exterior Features

Approximate Lot Size 75X100 Exterior Description Vinyl Siding Garage Description None Number Of Parking Spaces 4 Parking Driveway Description Driveway-Exclusive Roof Description Composition Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Central Air Heating Cent Register Heat Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 3000 Unit1 Sq Ft 695 Unit2 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanRange/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 695 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 695 Unit4 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanRange/Oven - GasRefrigerator Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsKitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 695

Property Features

Assessment Total 692200 Building Assessment 474700 Easement No Expenses Include Cold WaterTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 101976 Land Assessment 217500 Net Operating Income 80189 Renovated Year 2023 Sewer Public Sewer Tax Amount 12467 Tax Rate Amount 1.924 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 21787 Unit Style 2-Two Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2135 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2100 Unit2 Security Deposit 3050 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2163 Unit3 Security Deposit 3058 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 2050 Unit4 Security Deposit 3075 Utilities ElectricGas-Natural Water Public Water Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-905-1114.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-22T23:46:15.997.
 
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South Nyack NY, 10960