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243 Ellis Ave

Irvington Twp., NJ 07111
  • $550,000
  • STATUS: Active
  • ON SITE: 176 Days
  • MLS #: 3907431
UPDATED: 64 min ago
$550,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to a prime investment opportunity in Irvington, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 4 bedrooms, and 3 bathrooms, three car garage and a driveway. Very spacious bedrooms for tenant comfort! The full basement is awaiting your finishing touches. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Imagine the rental income you could generate from two legal units plus the possibility of a basement apartment. Don't miss the chance to add this property to your rental portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-06T11:46:31.753.
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243 Ellis Ave Irvington Twp., NJ 07111

  • Price: $550,000
  • Status: Active
  • On Site: 176 Days
  • Updated: 64 min ago
  • MLS #: 3907431
4
Beds
3
Baths
0
½ Baths
N/A
Acres
County:
Essex
Area:
Irvington Twp.
Property Description
Welcome to a prime investment opportunity in Irvington, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 4 bedrooms, and 3 bathrooms, three car garage and a driveway. Very spacious bedrooms for tenant comfort! The full basement is awaiting your finishing touches. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Imagine the rental income you could generate from two legal units plus the possibility of a basement apartment. Don't miss the chance to add this property to your rental portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
Exterior Features

Approximate Lot Size 38.69 X IRREG. Exterior Description Wood Garage Description Detached GarageOversize Garage Number Of Parking Spaces 4 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Wall A/C Unit(s) Heating Baseboard - Electric Total Number Of Rooms 14 Unit1 Appliances Equipment Microwave OvenRange/Oven - GasRefrigerator Unit1 Baths 2.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 1100 Unit2 Appliances Equipment Microwave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving Room Unit2 Rooms 7 Unit2 Sq Ft 1100

Property Features

Assessment Total 111500 Building Assessment 92600 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 9999 Land Assessment 18900 Net Operating Income 9999 Tax Amount 6771 Tax Rate Amount 6.073 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 9999 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1100 Unit2 Security Deposit 0

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Signature Realty Nj: 973-855-2645.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-06T11:46:31.753.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527