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589 Cherry StElizabeth City, NJ 07208

Elmora / Kean University · Union County

$846,000List price
6Beds
3Baths
2,526Sq Ft
1999Year built
0.14Acre lot
2Garage
2Stories
5 days agoOn market

Description

Excellent investment opportunity in a prime Elizabeth location! Built in 1999, this well-maintained and recently renovated 2-family home offers two spacious 3-bedroom units and excellent rental income potential. The first-floor unit features 3 bedrooms, 1 full bath, living room, dining room, in-unit laundry and storage shed. The second-floor unit offers 3 generously sized bedrooms and 2 full baths, including a primary suite with private en-suite bath and ample closet space, a spacious kitchen with abundant cabinetry and counter space, dining area, bright living room, in-unit laundry, and interior access to a 2-car attached garage. Both units feature central air and forced hot-air heat for year-round comfort. Additional off-street parking adds even more convenience. Ideally situated on a corner lot just 2 blocks from Kean University, with easy access to major highways, public transportation, Newark Liberty International Airport and NYC. A fantastic opportunity for investors or owner-occupants looking to generate strong rental income in a highly desirable and convenient location!

Property Information

Property type
Residential Income
Sub-type
Multi Family
Style
2-Two Story
Year built
1999
Stories
2
Living area
19,998 Sq Ft
Lot size
0.14 acres
Garage spaces
2
Days on market
5
MLS® Listing#
4057135

Property Features

Interior
Walk-In Closet(s)
Appliances
Gas Water Heater
Heating
Natural Gas
Flooring
Tile · Vinyl
Parking
Attached
Lot features
Corner Lot
Construction
Brick · Vinyl Siding
Roof
Asphalt
Security
Smoke Detector(s)
Utilities
Underground Utilities
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$13,739Tax year 2025
Assessed value
$566,400
Parcel number
2904-00098-0000-00001-0001-

Directions

Morris Ave to Trotters Ln. or Morris Ave to Cherry St.

Open Houses

Listing Courtesy: RE/MAX INSTYLE - 6093033456

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