Listing Details

514 Marshall St,Elizabeth City, NJ 07206-2400

  • January 6, 2026

Description

Great Investment Opportunity. Cash-producing large two-family property offering exceptional income potential. Each unit features 3 spacious bedrooms and 1 full bathroom, providing desirable layouts for tenants and strong rental demand. The property includes a full basement with additional living or storage space, plus a 3rd-floor bonus apartment, creating added value and potential upside for future income. Ample off-street parking. Conveniently located near major highways, public transportation, shopping, and local amenities. A solid, income-generating asset with room to grow?don’t miss this opportunity.

Details

Last Updated On: January 6th, 2026 at 9:29 am
Property ID:PT-23522264-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 650,000 $
Bedrooms:4
Year Built:1890

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 25X100
Lot Identifier: 27
Lot Identifier: 27

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Full
Acreage: 0.06
Total Baths: 2.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 8
Easement/Desc: No
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 SqFt: 1200
Unit 1 Rent: 1600
Unit 1 Room Description: Bedrooms, Kitchen
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 4
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 SqFt: 1200
Unit 2 Rent: 1560
Unit 2 Room Description: Bedrooms, Kitchen
Block Identifier: 658
County Number: 29
Town Number: 2904
YB/Desc: 1890 - Approximate
Easement: No
Parking/Driveway Description: On-Street Parking
Block Identifier: 658
County Number: 29
Town Number: 2904
Possession: at closing

Taxes, Fees & Assessments

Warranty: No
Tax ID For Property: 2904-00658-0000-00027-0000-
Tax Amount: $9,054.00
Tax Year: 2024
Tax Rate: 1.924%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $128,300.00
Building Assessment: $342,300.00
Total Assessment: $470,600.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: Forced Hot Air
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Statistics

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