325-327 John St
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325-327 John St
5 Unit Block of Flats £938,940 (£187,788/Unit) 7% Net Initial Yield Elizabeth, NJ 07202
Investment Highlights
- 3 Minutes from Elizabeth NJ Transit
- 7 Minutes from Newark Airport
- Right off of Rt 1&9
- 10 Minutes from the mills at Jersey Gardens
Executive Summary
Presenting a 5-unit brick apartment building. 4 units comprise 2 bedrooms, living and dining areas, and a bathroom each. The 5th unit features 2 bedrooms, living and dining spaces, a studio, and a bathroom. Additionally there is a parking lot in the back consisting of 6 parking spaces for tenants. Conveniently situated just a three-minute drive from Elizabeth NJ Transit, one-minute from Route 1&9 with Newark Airport Terminal just seven minutes away and The Mills at Jersey Gardens a ten-minute drive
Property Facts
Price | £938,940 | Apartment Style | Low Rise |
Price Per Unit | £187,788 | Building Class | C |
Sale Type | Investment | Lot Size | 0.11 AC |
Net Initial Yield | 7% | Building Size | 5,726 SF |
No. Units | 5 | Number of Floors | 3 |
Property Type | Residential | Year Built | 1976 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Price | £938,940 |
Price Per Unit | £187,788 |
Sale Type | Investment |
Net Initial Yield | 7% |
No. Units | 5 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.11 AC |
Building Size | 5,726 SF |
Number of Floors | 3 |
Year Built | 1976 |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 4 | - | - |
3+1 | 1 | - | - |
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Walk Score ®
Very Walkable (83)
PROPERTY TAXES
Parcel Number | 04-00009-0000-00848 | Improvements Assessment | £621,578 |
Land Assessment | £234,735 | Total Assessment | £856,313 |
PROPERTY TAXES
Parcel Number
04-00009-0000-00848
Land Assessment
£234,735
Improvements Assessment
£621,578
Total Assessment
£856,313
zoning
Zoning Code | R-2 |
R-2 |
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325-327 John St
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