This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/31
$846,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/31
Property Description
Excellent investment opportunity in a prime Elizabeth location! Built in 1999, this well-maintained and recently renovated 2-family home offers two spacious 3-bedroom units and excellent rental income potential. The first-floor unit features 3 bedrooms, 1 full bath, living room, dining room, in-unit laundry and storage shed. The second-floor unit offers 3 generously sized bedrooms and 2 full baths, including a primary suite with private en-suite bath and ample closet space, a spacious kitchen with abundant cabinetry and counter space, dining area, bright living room, in-unit laundry, and interior access to a 2-car attached garage. Both units feature central air and forced hot-air heat for year-round comfort. Additional off-street parking adds even more convenience. Ideally situated on a corner lot just 2 blocks from Kean University, with easy access to major highways, public transportation, Newark Liberty International Airport and NYC. A fantastic opportunity for investors or owner-occupants looking to generate strong rental income in a highly desirable and convenient location!
Full Property Details
Full Property Details for 589 Cherry St
General
- Price: $846,000
- Taxes: $13,739 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4057135
- Updated: 10/11/2026
- Added to Site: Today
Interior
- Number of Rooms: 11
- Interior Features: Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Metal Fence, Storage Shed
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached Garage, Built-In Garage
Location
- County: Union
- Subdivision: Elmora / Kean University
- Driving Directions: Morris Ave to Trotters Ln. or Morris Ave to Cherry St.
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick, Vinyl Siding
- Roof: Asphalt Shingles
- Square Feet: 2,526
- Year Built: 1999
Unit Information
Unit 1
- Unit Description: Bedrooms, Family Room, Kitchen, Laundry Room, Living/Dining Room, Storage
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 61 x 100
- Driveway/Sidewalk: Blacktop
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $376,900
- Land Assmt: $189,500
- Tax Amount: $13,739
- Tax Year: 2025
Disclosures and Reports
- Block: 98
- Lot Number: 1.01
Listed by Re/Max Instyle
Get Pre-Approved Today
Schools
Schools serving 589 Cherry St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 27 Dr Antonio Pantoja 505 -517 Morris Avenue, Elizabeth, NJ 07208 | PK-8 | 0.2 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.5 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 589 Cherry St
Date
Details
Price
Change
Source
10/11/2026
Listed
$846,000
—
MLS
9/26/2024
Sold
$846,000
—
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 589 Cherry St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,740
—
$566,400
-17%
2025
$13,740
-11%
$681,200
20%
2023
$15,401
3%
$566,400
1056%
2022
$14,984
2%
$49,000
—
2021
$14,675
5%
$49,000
—
2018
$13,986
3%
$49,000
—
2017
$13,596
—
$49,000
—
2016
$13,597
-4%
$49,000
—
2019
$14,124
10%
$49,000
—
2015
$12,789
9%
$49,000
—
2013
$11,710
—
$49,000
—
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 589 Cherry St
589 Cherry St, Elizabeth, NJ 07208 (MLS# 4057135) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 589 Cherry St is currently listed for $846,000 and was received on October 11, 2026. Want to learn more about 589 Cherry St? 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.

