43 Sayre Street

Elizabeth, NJ 07208

$780,000
Price
5
Beds
3
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unparalleled Passive Income Potential in Prime Elizabeth LocationSavvy investors, this is the multifamily gem you've been searching for! 2-unit property in the heart of Elizabeth offers unbeatable passive income potential. Eac unit currently rents for $3,000 per month, providing a combined monthly rental income of $6,000. The property also features 7 parking spaces that potentially can generate an additional $1,400 in monthly revenue, bringing the total monthly income to an impressive $7,400! This...Unparalleled Passive Income Potential in Prime Elizabeth LocationSavvy investors, this is the multifamily gem you've been searching for! 2-unit property in the heart of Elizabeth offers unbeatable passive income potential. Eac unit currently rents for $3,000 per month, providing a combined monthly rental income of $6,000. The property also features 7 parking spaces that potentially can generate an additional $1,400 in monthly revenue, bringing the total monthly income to an impressive $7,400! This home boasts a fantastic location and numerous desirable features. Unit 1 offers 3 bedrooms and 2 bathrooms, while Unit 2 provides 2 bedrooms and 1.5 bathrooms. Both units feature open-concept layouts with ample natural light, updated kitchens showcasing stainless steel appliances, granite countertops, and generous storage space. The fully finished basement adds even more versatile living and storage space, perfect for additional bedrooms, a home office, or a recreational area. Completing this exceptional property is a 3-car detached garage, providing abundant off-street parking and secure storage. DELIVERED FULLY VACANTSituated in a prime Elizabeth location, this property offers easy access to major highways, public transportation, and a wealth of shopping, dining, and entertainment options. Don't miss your chance to own this exceptional income-generating asset. Schedule your private tour today!
  1. Listed by CLAUDIA BROMBAUER • SIGNATURE REALTY NJ

Property Details for 43 Sayre Street

Directions
Morris Ave to Sayre Street
Days On Market
0

Location

Listing Courtesy of SIGNATURE REALTY NJ, CLAUDIA BROMBAUER
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LISTING UPDATED: 04/17/2024 08:58 PM

Property Details for 43 Sayre Street

StatusActive
MLS #3896570
Days on Market15
Taxes$13,169 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built9999
Lot Size0.14 AC / 6,098 SF
CountyUnion County

Location

Listing Courtesy of SIGNATURE REALTY NJ, CLAUDIA BROMBAUER
Add your commute

Building Information for 43 Sayre Street

Stories-Residences2Year Built9999Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$5,354 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,257

Property Taxes

$1,097

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 43 Sayre Street

Summary
Location and General Information
  • Renovated Year: 2023
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 171
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Beige
  • Town #: 2904.0
  • Street # Display: 43.0
  • # Parking Spaces: 7
  • County Or Parish: Union
  • Street Name: Sayre St
  • Zip Code: 07208-3652
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $13,169
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 41900.0
  • Tax ID For Property: 2904-00171-0000-00031-0000-
  • 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: 1 Car Width, Additional Parking, See Remarks
  • # Garage Spaces: 3
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Irregular Lot
  • Lot Identifier: 31
  • Approximate Lot Size: 33X180
  • Total Acres: 0.14
  • Construction Date/Year Built: 9999
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 32500.0
  • Assessment Land: 9400.0
Utilities
  • Cooling: Ceiling Fan, Wall A/C Unit(s)
  • Water: Public Water
  • Heating: 2 Units, Baseboard - Hotwater
  • 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, Full
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 2.0
  • 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: 3000.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Laundry Room, Living Room
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 3000.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.5
  • 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: 3000.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 3000.0
  • Unit 2 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 43 Sayre Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 43 Sayre Street

Taxable ValueLand$9,400Additions$32,500Total$41,900
Tax Record2022$12,813 ($1,068 / month)
Home Facts
Total Finished SqFt2,482 SqFtAbove Grade Finished SqFt2,482 SqFtLot Size5,942 SqFtStyleDuplexCountyUNIONAPN04 00171-0000-00031

Schools near 43 Sayre Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
No 27 Dr Antonio Pantoja
PublicPK to 8

Elizabeth High School
Public9 to 12

A Hamilton Preparatory Academy
Public9 to 12

No 26 Edreira Academy
PublicPK to 8

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.

Similar Homes

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Similar Sold Homes

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43 Sayre Street is a multi-family home for sale in Elizabeth, NJ 07208. This property was listed for sale on April 17, 2024 by SIGNATURE REALTY NJ, it's currently listed at $780,000. It has been on the market for a total of 15 days and was last sold on June 2, 2023. This listing's school district is Elizabeth Public School District. Nearby schools include No 27 Dr Antonio Pantoja, Elizabeth High School and A Hamilton Preparatory Academy. 43 Sayre Street is a 5-bed, 3.5-bath, multi-family home built in 9999.

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 SIGNATURE REALTY NJ, CLAUDIA BROMBAUER

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 05/02/2024 08:51 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.