718 Thomas St, Elizabeth City, NJ 07202

$839,999
4
BD
4
BA

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List Price
$839,999
Days on Market
159
Status
ACTIVE
MLS#
4022414
Bedrooms
4
Bathrooms
4
Full Baths
4
Lot Size (Acres)
0.11
Year Built
1945

Property Description

Impeccable investment property located in the highly desirable Bayway section of Elizabeth, NJ, offering a rare opportunity for both investors and owner-occupants. The building features four well-designed units, each consisting of 1 bedroom, 1 full bathroom, a comfortable living room, and a separate dining area, providing functional and inviting layouts that are consistently in demand. All units are in excellent, move-in condition and have been meticulously maintained, reflecting true pride of ownership and minimal deferred maintenance. A standout feature of the property is the right-side unit, which includes a fully finished basement, offering additional usable space that can serve as recreation, storage, or extended living adding both flexibility and potential value. Situated in a strong rental corridor with close proximity to major highways, public transportation, shopping, and local amenities, this property benefits from consistent tenant demand and long-term stability. With its solid unit mix, turnkey condition, and prime location, this asset presents an excellent opportunity for immediate cash flow, long-term appreciation, or owner-occupancy with supplemental income, making it a valuable addition to any real estate portfolio.

Additional Information

Area
Elizabeth City
Basement Desc
Finished, Full
Utilities
Gas-Natural
Taxes
$12,152
Exterior
Brick, Stucco
Water
Public Water
Basement
Yes
Cooling
See Remarks
Roof
Asphalt Shingle
Show Address
Yes

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Calculator source: Real Geeks

Listing Courtesy Of NEW AND MODERN GROUP, Contact: 908-312-5113

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