NJ
Union
Elizabeth City
07202
32 Cedar Ave
32 Cedar Ave, Elizabeth City, NJ 07202
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Listing Type
Single Family
Listing Status
Active
32
$699,001

Home Details for 32 Cedar Ave

Price
$699,001
Type
Residential
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Year built
1990
Lot size acres
0.06
County
Union
Total rooms
15
Basement
Finished
Days on site
41
MLS Listing#
4022672
Property Description

Welcome to this exceptional investment opportunity. This versatile property was fully renovated in 2024 and features a fresh interior throughout.The layout is thoughtfully designed with 5 spacious bedrooms, 2 full kitchens, and 3 separate living rooms, creating three fully self contained units.Theprimary unit offers 3 bedrooms, providing a perfect residence for an owner occupant while the two additional units generate significant supplemental income.The property is currently operating as 3 active Airbnb spaces with a proven track record of short term rental success. Outside, you will find a private drivewayand a backyard designed for entertaining, which are rare features in this competitive market.Investors will appreciate the low property taxes of only $7,900 peryear, a factor that significantly maximizes net returns.The location offers unmatched convenience for commuters and travelers alike. Residents enjoyimmediate access to NYC bound buses and NJ Transit trains, making it a true car free destination. The property is minutes from Newark Liberty InternationalAirport and provides direct access to Routes 1/9, the NJ Turnpike, and the Garden State Parkway. Its proximity to the Prudential Center and MetLife Stadium ensures high desirability in Union County's largest city.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Zoned
  • Water Features
    • Public
  • House Interior
    • Eat-in Kitchen
  • Utilities
    • Cable Available
  • Basement
    • Finished
  • Fire Place
    • Living Room
Listing Courtesy: RE/MAX SELECT - 908-233-9292
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES (ELIZABETH)
640 Newark Ave., Elizabeth, NJ 07208
Office
908 289 7746
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