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325-327 John St

5 Unit Apartment Building $1,685,616 CAD ($337,123 CAD/Unit) 7% Cap Rate Elizabeth, NJ 07202

Apartment Buildings New Jersey Elizabeth 325-327 John St, Elizabeth, NJ 07202

Investment Highlights

  • 3 Minutes from Elizabeth NJ Transit
  • 7 Minutes from Newark Airport
  • Right off of Rt 1&9
  • 10 Minutes from the mills at Jersey Gardens

Executive Summary

Presenting a 5-unit brick apartment building. 4 units comprise 2 bedrooms, living and dining areas, and a bathroom each. The 5th unit features 2 bedrooms, living and dining spaces, a studio, and a bathroom. Additionally there is a parking lot in the back consisting of 6 parking spaces for tenants. Conveniently situated just a three-minute drive from Elizabeth NJ Transit, one-minute from Route 1&9 with Newark Airport Terminal just seven minutes away and The Mills at Jersey Gardens a ten-minute drive

Property Facts

Price $1,685,616 CAD Apartment Style Low Rise
Price Per Unit $337,123 CAD Building Class C
Sale Type Investment Lot Size 0.11 AC
Cap Rate 7% Building Size 5,726 SF
No. Units 5 No. Stories 3
Property Type Multifamily Year Built 1976
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,685,616 CAD
Price Per Unit $337,123 CAD
Sale Type Investment
Cap Rate 7%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,726 SF
No. Stories 3
Year Built 1976
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
3+1 1 - -
1 of 1
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 04-00009-0000-00848 Improvements Assessment $1,113,161 CAD
Land Assessment $420,378 CAD Total Assessment $1,533,539 CAD

PROPERTY TAXES

Parcel Number
04-00009-0000-00848
Land Assessment
$420,378 CAD
Improvements Assessment
$1,113,161 CAD
Total Assessment
$1,533,539 CAD

zoning

Zoning Code R-2
R-2
(732) 750-4663 x102

  • Listing ID: 32557542

  • Date on Market: 2024-07-23

  • Last Updated:

  • Address: 325-327 John St, Elizabeth, NJ 07202

The Multifamily Property at 325-327 John St, Elizabeth, NJ 07202 is currently available For Sale. Contact Century 21 Main Street Realty for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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325-327 John St
(732) 750-4663 x 102

325-327 John St

1/3

Barbara Sancilardi

(732) 750-4663

x102

(732) 750-4663 x102

Joseph Cimilluca

(732) 750-4663

(732) 750-4663

Giuseppe Margiottiello

(973) 690-5663

(973) 690-5663

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