353 Fay Avenue

Elizabeth, NJ 07202

$698,000
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Location,location! This property is originally a two-family home that has been converted into three legal units. On the first floor, you'll find a three-bedroom unit with a renovated bathroom and kitchen. The convenience of having laundry inside the unit adds to its appeal. The second floor features a two-bedroom unit with one bathroom and an eating kitchen. Please note that the third unit shares an entrance with the second unit. Moving up to the third floor, you'll find another two-bedroom unit...Location,location! This property is originally a two-family home that has been converted into three legal units. On the first floor, you'll find a three-bedroom unit with a renovated bathroom and kitchen. The convenience of having laundry inside the unit adds to its appeal. The second floor features a two-bedroom unit with one bathroom and an eating kitchen. Please note that the third unit shares an entrance with the second unit. Moving up to the third floor, you'll find another two-bedroom unit with a renovated bathroom and kitchen. However, it's important to mention that the utilities for the third floor are shared with the second floor. The buyer will need to add an extra gas and electrical meter for the third floor. The basement of the property is finished and includes two rooms and a fully renovated bathroom. This property will be delivered fully vacant and is being sold in "as is" condition. Once all the units are rented out at market value, the total monthly rent potential of this property is $7,500
  1. Listed by LUISA PAUTA CARDONA • WORLD CLASS REALTY GROUP

Property Details for 353 Fay Avenue

Directions
South Elmora to Fay ave
Days On Market
126

Location

Listing Courtesy of WORLD CLASS REALTY GROUP, LUISA PAUTA CARDONA
Add your commute
LISTING UPDATED: 04/18/2024 11:39 AM

Property Details for 353 Fay Avenue

StatusUnder Contract
MLS #3878057
Days on Market126
Taxes$11,471 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built9999
Lot Size0.06 AC / 2,613 SF
CountyUnion County

Location

Listing Courtesy of WORLD CLASS REALTY GROUP, LUISA PAUTA CARDONA
Add your commute

Building Information for 353 Fay Avenue

Stories-Residences3Year Built9999Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,765 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,809

Property Taxes

$956

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 353 Fay Avenue

Summary
Location and General Information
  • Active Days on Market: 96
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 355
  • Listing Type: Exclusive Right to Sell
  • Town #: 2904.0
  • Street # Display: 353.0
  • # Parking Spaces: 4
  • County Or Parish: Union
  • Street Name: Fay Ave
  • Zip Code: 07202-1813
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $11,471
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 36500.0
  • Tax ID For Property: 2904-00355-0000-00039-0000-
  • Tax Rate Amount: $31
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Driveway-Shared
Property
Lot Information
  • Lot Identifier: 39
  • Approximate Lot Size: 28.10X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 9999
Property and Assessments
  • Assessment Bldg: 29400.0
  • Assessment Land: 7100.0
Utilities
  • Cooling: Wall A/C Unit(s)
  • Utilities: All Underground
  • Water: Public Water
  • Heating: 2 Units, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Attic, Bedrooms, Kitchen
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 353 Fay Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 353 Fay Avenue

Taxable ValueLand$7,100Additions$29,400Total$36,500
Tax Record2022$11,161 ($930 / month)
Home Facts
Total Finished SqFt2,379 SqFtAbove Grade Finished SqFt2,379 SqFtLot Size2,810 SqFtStyleTriplexYear Built1890CountyUNIONAPN04 00355-0000-00039

Schools near 353 Fay Avenue

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
No 4 John Battin Elementary School
PublicK to 8

Elizabeth High School
Public9 to 12

No 22 William F Halloran
PublicPK to 8

John E Dwyer Tech Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WORLD CLASS REALTY GROUP, LUISA PAUTA CARDONA

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/28/2024 07:03 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.