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Sold for $615,000
  • $615,000

    217 3rd St, Elizabeth, NJ 07206

    6beds
    --sqft
    MultiFamily
    Built in 2018
    -- sqft lot
    $842,200 Zestimate®
    $--/sqft
    $2,927 Estimated rent

    Home value

    $842,200

    $783,000 - $901,000

    $2,927/mo

    Zestimate® history
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    $2,927/mo

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    $4,309/mo

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    $4,309/mo

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    What's special

    Once in a lifetime opportunity fully renovated building Two 3 bedroom large modern apartments on 2nd and 3rd floors 1st floor retail space all renovated 3 years located close to downtown Elizabeth cash flow to the tune of close to 60k annually or live rent free expense free and still profit. Apartments fully renovated and rented with good stable tenants in place. Store front structure and roughing's in tact finishes by new owner or give tenant option to come in and finish according to needs of their business currently being used as storage for furniture store across the street Ideal location ample parking on street then 6 dedicated off street parking in rear of building. Rear Space also has potential for expansion building for an even higher monthly return. Inspections and appraisals recently completed and repairs made for CCO already in hand all we need is you. be centrally located close to the ports malls Newark Airport New York City and anywhere in the state travel within 45 minutes Plenty of transportation available and lots of culture close to restaurants theaters night clubs and lounges best of all worlds Separate Utilities with Central Air For Each Unit and Dry accessible basement available for storage for storefront Add doors to your portfolio or begin building with this solid foundation open to all interested parties no serious inquires will be ignored this is your time step up to the plate and be recognized get your piece of the American Dream

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1

    Property

    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: 0400811000000049

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2018

    Community & neighborhood

    Location
    • Region: Elizabeth

    Price history

    DateEventPrice
    4/9/2025Sold$615,000+2.5%
    Source: Public Record Report a problem
    2/8/2023Listing removed--
    Source: RE/MAX International Report a problem
    9/14/2022Price change$600,000-4%
    Source: GSMLS #3797659 Report a problem
    7/21/2022Listed for sale$625,000+4.2%
    Source: GSMLS #3797659 Report a problem
    3/16/2022Listing removed--
    Source: RE/MAX International Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,342 $589,500
    2024$11,342 $589,500 +1242.8%
    2023-- $43,900

    Find assessor info on the county website

    Neighborhood: Elizabethport

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $842,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $842,200