541 Jefferson Avenue

Elizabeth, NJ 07201

$999,000
Price
10
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing the ultimate investment income-producing opportunity in a prime location! This updated 3-family house features a finished full walkout basement making it the perfect addition to your portfolio. Situated on a double lot 50x145 with the potential to be subdivided and built into another multifamily unit or extended to make the existing property even bigger. For those looking to maximize their investment, the option to knock down and build 6 units (or more) makes this property truly limitless...Introducing the ultimate investment income-producing opportunity in a prime location! This updated 3-family house features a finished full walkout basement making it the perfect addition to your portfolio. Situated on a double lot 50x145 with the potential to be subdivided and built into another multifamily unit or extended to make the existing property even bigger. For those looking to maximize their investment, the option to knock down and build 6 units (or more) makes this property truly limitless in its potential. Close to NYC transportation, Schools, Airports, Hospitals, and universities. Don't miss out on this rare chance to create the investment of your dreams
  1. Listed by JONATHAN JIMENEZ CARDONA • LIFESTYLE INTERNATIONAL REALTY

Property Details for 541 Jefferson Avenue

Directions
North Ave to Jefferson Ave
Days On Market
82

Location

Listing Courtesy of LIFESTYLE INTERNATIONAL REALTY, JONATHAN JIMENEZ CARDONA
Add your commute
LISTING UPDATED: 04/29/2024 10:37 AM

Property Details for 541 Jefferson Avenue

StatusActive
MLS #3885095
Days on Market100
Taxes$15,746 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1890
Lot Size0.17 AC / 7,405 SF
CountyUnion County

Location

Listing Courtesy of LIFESTYLE INTERNATIONAL REALTY, JONATHAN JIMENEZ CARDONA
Add your commute

Building Information for 541 Jefferson Avenue

Stories-Residences3Year Built1890Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$6,764 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$1,312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 541 Jefferson Avenue

Summary
Location and General Information
  • Active Days on Market: 69
  • Renovated Year: 2023
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 254
  • Listing Type: Exclusive Right to Sell
  • Town #: 2904.0
  • # Parking Spaces: 10
  • County Or Parish: Union
  • Street Name: Jefferson Ave
  • Zip Code: 07201-1123
  • 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: $15,746
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 50100.0
  • Tax ID For Property: 2904-00254-0000-00009-0000-
  • 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: 2 Car Width
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 9
  • Approximate Lot Size: 50X145
  • Total Acres: 0.17
  • Construction Date/Year Built: 1890
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 37700.0
  • Assessment Land: 12400.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
  • 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
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 1 Rooms: 9.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 4
  • 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
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 2 Rooms: 8.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 8.0
  • 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 541 Jefferson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 541 Jefferson Avenue

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Elizabeth High School
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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541 Jefferson Avenue is a multi-family home for sale in Elizabeth, NJ 07201. This property was listed for sale on February 7, 2024 by LIFESTYLE INTERNATIONAL REALTY, it's currently listed at $999,000. It has been on the market for a total of 100 days and was last sold on December 13, 2016. This listing's school district is Elizabeth Public School District. Nearby schools include Number 6, Marquis Delafayette Elementary School, Elizabeth High School and Chessie Dentley Roberts Academy School No. 30. 541 Jefferson Avenue is a 10-bed, 4-bath, multi-family home built in 1890.

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 LIFESTYLE INTERNATIONAL REALTY, JONATHAN JIMENEZ 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 05/17/2024 02:30 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.