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Property Description

Welcome to 620-626 Maple Avenue. This family owned and occupied beautiful brick building contains 4-Units and was once owned by the pre-prohibition era Rising Sun Brewing Co. which operated from 1887 to 1920.

This building is located on an oversized lot in the Bayway section of Elizabeth, New Jersey.

This spacious 4-Family home is perfect for investors or owner-occupants looking to generate rental income.

The first floor of the home has two units, each with a Kitchen, Living Room, 2 Bedrooms, and Full Bathroom. The units are similar in layout and feature open floor plans.

The second floor is where another two units are located. Both units are identical in layout and feature a Kitchen, Living Room, 3 Bedrooms and a Full Bath. Between both units is a long storage hallway that stretches the entirety of the building. Use this space for possible separation between current bedroom layout.

The home also has a full, unfinished basement with high ceilings, providing ample storage space or the opportunity to add additional living space.

The lot comes with its own driveway where there are 4 Detached Garages and ample space for multiple cars to be parked right on the property.

This Multi-Family also features a large yard on the opposite side of the driveway which provides the potential possibility to develop another 2-3 Family Dwelling to create additional opportunity/income.

620-626 Maple Avenue is located in a great location, with easy access to public transportation and major roadways. This Multi-Family is just a short distance from the Ports and access to the Goethals Bridge. Don't miss this opportunity to own this income-generating property.

Overview

Property Status
Sold
Lot Size
10,018.8 Sq.Ft.
MLS ID
22300751
Property Type
Multi-Family
Year Built
1908

Features & Amenities

Stories
3
Garage Spaces
4.0
Water Source
Public
Roof
Tar Roll, Flat
Lot Features
Level
Parking
Paved, See Remarks, On Street, Detached, Oversized, Storage
Heat Type
Radiant, Oil Above Ground
Air Conditioning
Multi Units
Sewer
Public Sewer
Other Exterior Features
Fence, Lighting
Sales Price
$920,000
Real Estate Tax
$19,204/yr

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620 Maple Avenue

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    License #2075152

    (908) 692-9227
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