For Multi Family

620 Pennsylvania Ave,Elizabeth City, NJ 07201

June 6, 2026

Incredible 4-family opportunity perfectly tailored for investors or owner-occupants seeking maximum cash flow in a prime commuter hub. Each unit has been fully renovated & features 2 generously sized bedrooms and 1 bathroom. Units offer contemporary finishes, fresh flooring, & crisp modern kitchens & baths designed to attract premium rental rates. The property features 2 separate attic spaces with high ceilings and 2 separate basements (accessible through communal hallways), providing exceptional storage potential, independent utility spaces, or future expansion possibilities. Laundry hookup(s) in basement. Positioned in an exceptionally transit-friendly location, this property is minutes from the Elizabeth Train Station & NJ Transit bus service is available nearby for effortless travel. Access to major regional highways, including Route 1 & 9, I-95 (NJ Turnpike), I-78, & the GSP. Everyday convenience with local grocery stores, vibrant dining options, & diverse shopping districts just blocks away. Local schools and North End Park are also situated close by, making this a highly desirable, cash-flowing asset in an unbeatable location. Property sits on a rare oversized lot with huge yard behind the garage creating exciting possibilities for future development, expansion, or long term storage. Private driveway with ample parking and 3 car detached garage.

Property ID:PT-45894776-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 1,200,000 $

Bedrooms:8

Year Built:1927

Listing Details

Status: Active

Location

County: Union

Lotsize: 44.200 AVG

Lot Identifier: 46

Home Details

Open Parking: 6

Basement: Yes

Basmnt/Desc: Yes - Full, Unfinished

Total Baths: 4.00

Number of Units: 4

Rooms: 16

Easement/Desc: Unknown

Exterior Description: Aluminum Siding

Roof Description: Asphalt Shingle

Possesion: At Closing

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

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water

Unit 1 Handicap: No

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

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

Unit 2 Levels: 1

Unit 2 Rooms: 4

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water

Unit 2 Handicap: No

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

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

Unit 3 Levels: 1

Unit 3 Rooms: 4

Unit 3 Beds: 2

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water

Unit 3 Handicap: No

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

Unit 4 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 4 Levels: 1

Unit 4 Rooms: 4

Unit 4 Beds: 2

Unit 4 Baths: 1.0

Unit 4 Owner/Tenant Pays: Owner Pays Water

Unit 4 Handicap: No

Unit 4 Room Description: Attic, Bedrooms, Eat-In Kitchen, Living Room

Garage Description: Detached Garage

Number of Garage Spaces: 3

Block Identifier: 191

County Number: 29

Town Number: 2904

YB/Desc: 1927 - Approximate

Easement: Unknown

Parking/Driveway Description: Blacktop

Block Identifier: 191

County Number: 29

Town Number: 2904

Possession: At Closing

Utilities

Heat Source: Gas-Natural

Heat System: 4+ Units, Radiators - Steam

Cool System: None

Water: Public Water

Sewer: Public Sewer

Taxes, Fees & Assessments

Tax ID For Property: 2904-00191-0000-00046-0000-

Tax Amount: $14,112.00

Tax Year: 2025

Tax Rate: 2.017%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $277,100.00

Building Assessment: $422,600.00

Total Assessment: $699,700.00

FHA Age Restricted: No

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Listing Details

620 Pennsylvania Ave,Elizabeth City, NJ 07201

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