For Multi Family

863 Lafayette St,Elizabeth City, NJ 07201-2730

January 3, 2026

The investment property you’ve been looking for, with 6 bedrooms and 3 full bathrooms, a finished basement, and garages renting for $250 each one. Completely remodeled bathrooms and kitchens with granite countertops and stainless steel appliances. New Electricity, plumping, windows and floors. Located near public schools, public transportation to Newark and New York City, and close to shops, restaurants, and the Jersey Gardens Mall.

Property ID:PT-25227762-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 770,000 $

Bedrooms:6

Year Built:9999

Listing Details

Status: Active

Location

County: Union

Lotsize: 25X85

Lot Identifier: 1

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Finished, Full, Walkout

Acreage: 0.05

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 12

Easement/Desc: Unknown

Exterior Description: Stone, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: AT CLOSING

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 9990

Unit 1 Rent: 2650

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 9999

Unit 2 Rent: 2200

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

Unit 2 Security Deposit: 2200

Garage Description: Detached Garage

Number of Garage Spaces: 2

Block Identifier: 584

County Number: 29

Town Number: 2904

Easement: Unknown

Parking/Driveway Description: 2 Car Width

Block Identifier: 584

County Number: 29

Town Number: 2904

Possession: AT CLOSING

Taxes, Fees & Assessments

Gross Operating Income: 44444

Net Operating Income: 121212

Tax ID For Property: 2904-00584-0000-00001-0000-

Tax Amount: $8,788.00

Tax Year: 2024

Tax Rate: 1.924%

Tax Rate Year: 2025

Land Assessment: $148,100.00

Building Assessment: $308,700.00

Total Assessment: $456,800.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground, Gas-Natural

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Listing Details

863 Lafayette St,Elizabeth City, NJ 07201-2730

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