For Multi Family

1124 Hampton Pl,Elizabeth City, NJ 07201-3088

December 29, 2025

Perfectly situated in a prime location, this income-producing property is within walking distance to shopping centers, restaurants, the Elizabeth train station, and multiple bus lines to NYC?making it highly desirable for tenants and a true commuter?s dream. An excellent opportunity for investors seeking strong rental demand, long-term value, and steady cash flow, as well as buyers looking to offset ownership costs with rental income.

Property ID:PT-22607879-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 849,900 $

Bedrooms:9

Year Built:1900

Listing Details

Status: Active

Location

County: Union

Lotsize: 26.50X100

Lot Identifier: 6.02

Lot Description: Level Lot

Lot Identifier: 6.02

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Finished-Partially, Walkout

Acreage: 0.06

Total Baths: 4.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 15

Easement/Desc: Unknown

Exterior Description: Brick, Vinyl Siding

Roof Description: Flat

Possesion: at closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, 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

Unit 1 Handicap: No

Unit 1 SqFt: 9999

Unit 1 Rent: 2725

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

Unit 1 Security Deposit: 2600

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.0

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

Unit 2 Handicap: No

Unit 2 SqFt: 9999

Unit 2 Rent: 2100

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 2 Security Deposit: 2100

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 3 Levels: 3

Unit 3 Rooms: 5

Unit 3 Beds: 3

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas

Unit 3 Handicap: No

Unit 3 SqFt: 9999

Unit 3 Rent: 2250

Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 3 Security Deposit: 2300

Block Identifier: 296

County Number: 29

Town Number: 2904

YB/Desc: 1900 - Approximate

Easement: Unknown

Parking/Driveway Description: Off-Street Parking

Block Identifier: 296

County Number: 29

Town Number: 2904

Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 86400

Net Operating Income: 70579

Warranty: No

Tax ID For Property: 2904-00296-0000-00006-0002-

Tax Amount: $11,020.00

Tax Year: 2024

Tax Rate: 1.924%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $144,500.00

Building Assessment: $428,300.00

Total Assessment: $572,800.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Baseboard - Hotwater

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

1124 Hampton Pl,Elizabeth City, NJ 07201-3088

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