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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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1024 Sheridan Ave Unit 4 , Elizabeth City, NJ 07208
$975,000
Est. Payment: $5,021.27/mo
9 Bed
5 Bath
0 Sqft
Status: Under Contract | Days on site: 18
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356901 - 301263
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Susan Maryanski
Operator

House Description

Excellent investment opportunity in Elizabeth! This well-maintained 4-family property features four spacious 2-bedroom, 1-bath units with strong rental potential. One unit is currently vacant, offering an excellent opportunity for an owner-occupant or investor to place a new tenant at market rent.The property also features a finished basement with a full bathroom and additional usable space, providing added flexibility and potential. Major improvements include a newer roof with solar panels and updated central air throughout the property.Parking is a major plus, with a 2-car garage and 2 additional off-street parking spaces in the rear. With four desirable units, significant updates, ample parking, and excellent income potential, this property is a great addition to any investment portfolio or an ideal opportunity for an owner-occupant looking to offset housing costs with rental income.Conveniently located near major highways, public transportation, shopping, dining, and other local amenities. Don't miss this opportunity to own a solid income-producing multifamily property in Elizabeth!

Highlights

Listed by EDWIN DEVIA , MP ELITE REALTORS OF NEW JERSEY , 973-994-9009. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1927

County

Union

Listing ID

4045703

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:5
  • Full Bathrooms:5
Air Cond:4+ Units
Fireplaces:
Basement:Finished,Partial
Water:Public Water

Exterior Features

Lot Dimensions:35X122.05
Roof:Asphalt Shingle
Others:
  • Additional:Vinyl Siding, 2 Car Width, Additional Parking
Sewer:Public Sewer
Parking Features:Assigned,Detached Garage,On-Street Parking
Principal Interest
$5,021
Taxes
$1,122

Home Price

$975,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$195,000
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:
$5,021.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,021.27 $1,122.08 $0.00 $6,143.36
Yearly $60,255.29 $13,465.00 $0.00 $73,720.29
Total $1,807,658.64 $403,950.00 $0.00 $2,211,608.64

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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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: 2026-09-05T10:59:24.000Z

© 2026 Garden State MLS