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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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589 Cherry St , Elizabeth City, NJ 07208
$846,000
Est. Payment: $4,616.97/mo
6 Bed
3 Bath
2526 Sqft
0.14 Acres
Status: active | Days on site: 5
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Susan Maryanski
Operator

House Description

Excellent investment opportunity in a prime Elizabeth location! Built in 1999, this well-maintained and recently renovated 2-family home offers two spacious 3-bedroom units and excellent rental income potential. The first-floor unit features 3 bedrooms, 1 full bath, living room, dining room, in-unit laundry and storage shed. The second-floor unit offers 3 generously sized bedrooms and 2 full baths, including a primary suite with private en-suite bath and ample closet space, a spacious kitchen with abundant cabinetry and counter space, dining area, bright living room, in-unit laundry, and interior access to a 2-car attached garage. Both units feature central air and forced hot-air heat for year-round comfort. Additional off-street parking adds even more convenience. Ideally situated on a corner lot just 2 blocks from Kean University, with easy access to major highways, public transportation, Newark Liberty International Airport and NYC. A fantastic opportunity for investors or owner-occupants looking to generate strong rental income in a highly desirable and convenient location!

Highlights

Listed by ALEJANDRA COSCARELLI , MP RE/MAX INSTYLE , 609-303-3456. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1999

County

Union

Neighborhood

Elmora / Kean University

Listing ID

4057135

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:2 Units
Fireplaces:
Other:
  • ▪ Additional:Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet
Water:Public Water

Exterior Features

Lot:Corner
Lot Dimensions:61X100
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Metal Fence, Storage Shed, Brick, Vinyl Siding, Blacktop
Sewer:Public Sewer
Parking Features:Attached Garage,Built-In Garage
Principal Interest
$4,617
Taxes
$1,145

Home Price

$846,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$169,200
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,616.97

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,616.97 $1,144.92 $0.00 $5,761.89
Yearly $55,403.63 $13,739.00 $0.00 $69,142.63
Total $1,662,108.86 $412,170.00 $0.00 $2,074,278.86

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Elizabeth City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T23:38:27.000Z

© 2026 Garden State MLS