3 months on rocket

643 Elizabeth Ave, Elizabeth City, NJ, 07206

$775,000

Home List Price

$9,203*

Closing Credit

2 Bedrooms
3 Full Baths, 1 Partial
Multi

Location

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643 Elizabeth Ave, Elizabeth$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1950
HeatingMulti Unit(s), Natural Gas
CoolingCentral Air
BasementYes
MLS #3919755
Lot Size0.06 Acres
StatusActive

About 643 Elizabeth Ave

Explore a prime investment opportunity at 643 Elizabeth Ave! This mixed-use property features a thriving dental office on the first unit along with a separate entrance to the finished basement, and a residential 2 bed 2 bath apartment spanning the spacious second and third levels. Residential tenant is on a month to month lease while the dental office is on a long term lease, offering both opportunity and long term security. Situated on strategic location near transportation, shops, and dining, this property is tailor-made for astute investors seeking a profitable addition to their portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1950

Listing Office:

  • Office Name: COMPASS NEW JERSEY LLC
  • Office Phone: (973) 310-7360

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Sidewalk

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Between 6th and 7th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
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Housing Market Comparison

See how this home compares to others in Elizabeth, NJ.

Med. Sold Price

$425K

# of Sold Homes

15

643 Elizabeth Ave vs Elizabeth

92 DAYS ON ROCKET

$775,000

+$350K More

KEY TAKEAWAY

This property is $350K more than the Median Sold Price in Elizabeth, NJ.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #3919755

Listing Office:

  • Office Name: COMPASS NEW JERSEY LLC
  • Office Phone: (973) 310-7360

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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

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Last updated on: 11/21/2024, 11:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-275025
3
/10
  • School #4

  • 1602 Dill Ave

  • 2.13 miles

  • Public District Grades PK-5

school-card-donut-275026
4
/10
  • Harrison Elementary School

  • 310 Harrison Ave

  • 2.67 miles

  • Public District Grades 1-4

school-card-donut-275027
3
/10
  • Dr. Charles C. Polk School

  • 1100 Warren St

  • 2.82 miles

  • Public District Grades 1-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,624. Typical income of Elizabeth, NJ residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Union County›Elizabeth›07206›643 Elizabeth Ave

This home is located at 643 Elizabeth Ave in Elizabeth City, NJ and zip code 07206. This home, which was built in 1950, sits on a 0.06 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $775,000.

In October 2024 more than 8 listings in Elizabeth, NJ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Elizabeth, NJ between September 2024 and October 2024 increased by 20.7%.

From Rocket Homes Real Estate and based on county public records data.

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