571 Jackson Ave | Elizabeth, NJ 07201
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571 Jackson Ave
Elizabeth, NJ 07201
Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Building Size | 6,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 0.67/1,000 SF |
| Lot Size | 0.10 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 6,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 0.67/1,000 SF |
ABOUT 571 JACKSON AVE , ELIZABETH, NJ 07201
VALUE ADD Opportunity - 7 units income producing with upside. Property has 2 buildings with 2 addresses 571 Jackson Ave. & 1033 Augusta St. on 1 tax lot: 571 Jackson Ave. Brick corner building has 4 two bedroom apartments. 1033 Augusta has two apartments 2 Bedroom each with one studio attached. Parking between both buildings for up to 4 cars. All utilities are separate. Schedule your showing today! Existing 6.5% with potential to 8.5% cap.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
PROPERTY TAXES
| Parcel Number | 04-00008-0000-00971 | Improvements Assessment | $653,200 |
| Land Assessment | $350,000 | Total Assessment | $1,003,200 |
PROPERTY TAXES
Parcel Number
04-00008-0000-00971
Land Assessment
$350,000
Improvements Assessment
$653,200
Total Assessment
$1,003,200
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