Property
Elizabeth City, NJ 07201 514 Madison Ave
$700,000
Pending
9 more
Presented By: CHRISTIE'S INT. REAL ESTATE GROUP; 201-615-5188
Beds • 6- Baths • 3
Beds • 6
Baths • 3Home Details
Exceptional Investment OpportunitySolid three-family property situated on an oversized lot in a prime area of town. Each unit offers 2 bedrooms, a full kitchen, and a full bath. The exterior has been fully updated, minimizing upfront capital expenditures. Interiors require renovation ideal for value-add investors looking to maximize cash flow or reposition for resale. Strong rental upside with multiple income streams. Strategically located near NYC, major airports, and key transit hubs. Rare to find this combination of location, lot size, and potential. Act quickly this won't last.
Presented By: CHRISTIE'S INT. REAL ESTATE GROUP; 201-615-5188
Interior Features for 514 Madison Ave
Bedrooms
Total Bedrooms6
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas
Unit 2 Appl/EquipCarbMDet, CookGas
Unit 3 Appl/EquipCarbMDet, CookGas
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms4
Unit 1 Rooms5
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Living/Dining Room, Porch
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen
General for 514 Madison Ave
Architectural Style3-Three Story
CoolingWindow A/C(s)
CountyUnion
DirectionsGPS 514 Elizabeth
DriveBlacktop, Common, Driveway-Shared
EasementUnknown
Full Baths3
GarageNone
Gross Income
HeatingRadiators - Hot Water
Net Operating Income
Number Of Units Total3
Open Parking Spaces6
Operating Expense
Possession60-90
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount10431
Tax Assessed Value542200
Tax Lot20
Tax Year2024
Total Rooms11
Town #2904
TownshipElizabeth City
UtilitiesGas In Street
Year Built1900
Exterior for 514 Madison Ave
Exterior DescriptionComposition Shingle
Lot Dimensions55X108
Lot Size Acres0.14
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner