530 Court Street
530 Court Street
$699,500
7
5
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Open: 5/5 12:00PM - 04:00PM
Description
Turnkey multi family with significant income potential and outstanding amenities situated in the city of Elizabeth. With 5 short term accommodation units generating between $10,000 to $14,000 per month with a management team in place. Daily rental 3 bed $150-211 & 1bed/studio $75-120 per night. Long term rental 2 x 3 bed $2500-3000, 1 bed $1500 & studio $1100-1400 estimated month rental $7600-$10300. Whether you're looking to live mortgage free, expand your portfolio or generate passive income, this...Turnkey multi family with significant income potential and outstanding amenities situated in the city of Elizabeth. With 5 short term accommodation units generating between $10,000 to $14,000 per month with a management team in place. Daily rental 3 bed $150-211 & 1bed/studio $75-120 per night. Long term rental 2 x 3 bed $2500-3000, 1 bed $1500 & studio $1100-1400 estimated month rental $7600-$10300. Whether you're looking to live mortgage free, expand your portfolio or generate passive income, this property is an excellent choice. Each apartment is meticulously designed with outstanding luxury finishes, offering tenants or guests a modern and comfortable living experience. Bright floors and abundant natural light create an inviting atmosphere throughout and spacious garden perfect for entertaining. The property features a variety of unit layouts, including three 3-bedroom, 1-bathroom apartments on the 1st and 2nd floors, a 1-bedroom apartment on the 3rd floor, and two studio apartments in the basement. Enjoy the convenience of dedicated laundry facilities, ample storage space, Wi-Fi connectivity, 24-hour camera security, and smart locks, ensuring both guest or tenant satisfaction and ease of management. Nestled in a vibrant neighborhood, this property enjoys proximity to Newark Airport & Port, making it an ideal choice for travelers. Additionally, it provides easy access to schools, parks, Jersey Gardens Mall, and a convenient commute to New York City. 2022 taxes under 7k!
- Listed by DARRELL BAILEY • EXP REALTY, LLC
- Listed by RAEEMAH REDD • EXP REALTY, LLC
Property Details for 530 Court Street
Directions
Trumbull St to East 6th St to Court St.
Days On Market21
Open Houses
Sunday, May 5th
12:00 PM - 4:00 PM
Location
LISTING UPDATED: 04/29/2024 05:52 PM
Property Details for 530 Court Street
Status | Active |
---|---|
MLS # | 3894886 |
Days on Market | 26 |
Taxes | $6,800 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 1930 |
Lot Size | 0.06 AC / 2,613 SF |
County | Union County |
Location
Building Information for 530 Court Street
Stories-Residences2Year Built1930Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$4,384 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 530 Court Street
Property History for 530 Court Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 530 Court Street
Taxable ValueLand$5,400Additions$16,400Total$21,800
Tax Record2022$6,666 ($556 / month)
Home Facts
Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtLot Size2,500 SqFtStyleDuplexYear Built1914CountyUNIONAPN04 00669-0000-00009
Schools near 530 Court Street
This home is within Elizabeth Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Number 20, John Marshall Elementary School PublicK to 8 | ||
Elizabeth High School Public9 to 12 | ||
Jerome Dunn Academy No 9 PublicK to 8 | ||
REP ACADEMY SCHOOL NO.8 PublicK 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.
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