This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
353 Fay Ave, Elizabeth, NJ 07202
$698,000
353 Fay Ave, Elizabeth, NJ 07202View this property at 353 Fay Ave, Elizabeth, NJ 07202
353 Fay AveElizabethNJ07202
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
Property Description
Attention! Fantastic opportunity in LOCATION,LOCATION! A legal three-family property is up for sale. Features include:- First floor: Spacious three-bedroom unit with renovated bathroom and kitchen. In-unit laundry adds convenience.- Second floor: Charming two-bedroom unit with one bathroom and an eating kitchen. Third unit shares entrance.- Third floor: Delightful two-bedroom unit with renovated bathroom and kitchen. Utilities shared with second floor.- Basement: Finished with one room and fully renovated bathroom.This property will be delivered with the third and first floors vacant, sold in "as is" condition. Second floor has a lease for $1,800 on a one-year lease. Once all units are rented at market value, the monthly rent potential is $6,500.Don't miss out on this amazing opportunity! Act now and add this listing to the market for sale.Property is being sold as is
Full Property Details
Full Property Details for 353 Fay Ave
General
- Price: $698,000
- Taxes: $11,471 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3903290
- Updated: 5/22/2024
- Added to Site: 25 day(s) ago
Interior
- Number of Rooms: 17
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Location
- County: Union
- Driving Directions: South Elmora to Fay Ave
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Attic, Bedrooms, Kitchen
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 28.10 x 100
- Driveway/Sidewalk: 1 Car Width, Driveway-Shared
Financial Considerations
- Assessment Amount: $368,500
- Land Assmt: $177,000
- Tax Amount: $11,471
- Tax Year: 2023
Disclosures and Reports
- Block: 355
- Lot Number: 39
Listed by World Class Realty Group
Get Pre-Approved Today
Schools
Schools serving 353 Fay Ave
School District:Elizabeth Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
300 S Broad St, Elizabeth, NJ 07202 | K-8 | 0.5 mi | |
447 Richmond St, Elizabeth, NJ 07202 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 353 Fay Ave
Date
Details
Price
Change
Source
5/22/2024
Listed
$698,000
277.3%
MLS
3/21/2018
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 353 Fay Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,161
2%
$36,500
—
2021
$10,931
4%
$36,500
—
2019
$10,521
1%
$36,500
—
2018
$10,418
3%
$36,500
—
2017
$10,128
—
$36,500
—
2016
$10,128
6%
$36,500
—
2015
$9,526
9%
$36,500
—
2013
$8,723
—
$36,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 353 Fay Ave
353 Fay Ave, Elizabeth, NJ 07202 (MLS# 3903290) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 353 Fay Ave is currently listed for $698,000 and was received on May 22, 2024. Want to learn more about 353 Fay Ave? Do you have questions about finding other Multi-Family real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.