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Billy Noguera

billy.noguera@exprealty.com +1(646) 413-2543

$ 679,000

Est. payment -/mo

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Price Dropped by $20K

32 Cedar Ave Elizabeth City, NJ 07202

5 Beds

3.5 Baths

2,613 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Elmora

MLS Listing ID 4022672

Style A-Frame

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1990

Annual Tax Amount $7,924

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Single Family

Property Description

Welcome to this exceptional investment opportunity. This versatile property was fully renovated in 2024 and features a fresh interior throughout.The layout is thoughtfully designed with 5 spacious bedrooms, 2 full kitchens, and 3 separate living rooms, creating three fully self contained units.Theprimary unit offers 3 bedrooms, providing a perfect residence for an owner occupant while the two additional units generate significant supplemental income.The property is currently operating as 3 active Airbnb spaces with a proven track record of short term rental success. Outside, you will find a private drivewayand a backyard designed for entertaining, which are rare features in this competitive market.Investors will appreciate the low property taxes of only $7,900 peryear, a factor that significantly maximizes net returns.The location offers unmatched convenience for commuters and travelers alike. Residents enjoyimmediate access to NYC bound buses and NJ Transit trains, making it a true car free destination. The property is minutes from Newark Liberty InternationalAirport and provides direct access to Routes 1/9, the NJ Turnpike, and the Garden State Parkway. Its proximity to the Prudential Center and MetLife Stadium ensures high desirability in Union County's largest city.

Location

State NJ

County Union

Zoning T2

Rooms

Basement Finished

Kitchen Eat-In Kitchen

Interior

Heating Gas-Natural

Cooling 1 Unit, Central Air

Fireplaces Number 1

Fireplaces Type Living Room, Non-Functional

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Pool Above Ground, Heated

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Private Pool Yes

Building

Lot Description Level Lot

Sewer Public Available

Water Public Water

Architectural Style A-Frame

Others

Senior Community No

Ownership Fee Simple

Listed by RE/MAX SELECT

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