12 days on rocket

43 Sayre St, Elizabeth, NJ, 07208

$780,000

Home List Price

$9,263*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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43 Sayre St, Elizabeth$780,000

Buyer Closing Credits

$9,263*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingBaseboard, Natural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24011483
StatusActive
(ACTIVE)

About 43 Sayre St

Unparalleled Passive Income Potential in Prime Elizabeth LocationSavvy investors, this is the multifamily gem you've been searching for! 2-unit property in the heart of Elizabeth offers unbeatable passive income potential.Eac unit currently rents for $3,000 per month, providing a combined monthly rental income of $6,000. The property also features 7 parking spaces that potentially can generate an additional $1,400 in monthly revenue, bringing the total monthly income to an impressive $7,400!This home boasts a fantastic location and numerous desirable features. Unit 1 offers 3 bedrooms and 2 bathrooms, while Unit 2 provides 2 bedrooms and 1.5 bathrooms. Both units feature open-concept layouts with ample natural light, updated kitchens showcasing stainless steel appliances, granite countertops, and generous storage space.The fully finished basement adds even more versatile living and storage space, perfect for additional bedrooms, a home office, or a recreational area.

Property Details

Property Features

Listing Office:

  • Office Name: Signature Realty NJ LLC
  • Listing Agent: Claudia Brombauer

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Alexander Hamilton Preparatory Academy, Public District Grades 9-12
  • Thomas Jefferson Arts Academy, Public District Grades 9-12
  • John E. Dwyer Technology Academy, Public District Grades 9-12
  • Dr. Antonia Pantoja School #27, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $780,000

Tax Information:

  • Annual Amount: $12,077
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elizabeth, NJ.

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Elizabeth, NJ

City

Med. Sold Price

$430K

Med. Price/SqFt

$269

Avg. Days On Market

14

# of Sold Homes

16

43 Sayre St vs Elizabeth

12 DAYS ON ROCKET

-2 Days

$780,000

+$350K More

KEY TAKEAWAY

This property is $350K more than the Median Sold Price in Elizabeth, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24011483

Listing Office:

  • Office Name: Signature Realty NJ LLC
  • Listing Agent: Claudia Brombauer

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 8:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2016Home Sold
$185,000
Dec 04, 2015Home Sold
$93,200
Oct 03, 2006Home Sold
$550,000
Jul 11, 2005Home Sold
$325,000
May 17, 1990Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,077$41,900
2019$11,959$41,900
2018$11,626$41,900
2017$11,626$41,900

History based on county public records data.

Payment Calculator

$3,960

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3923239
4
/10

  • Dr. Antonia Pantoja School #27

  • 505 Morris Ave # 517

  • 0.27 miles

  • Public District Grades PK-8

High School

school-card-donut-3923240
6
/10

  • Alexander Hamilton Preparatory Academy

  • 310 Cherry St

  • 0.09 miles

  • Public District Grades 9-12

school-card-donut-3923241
3
/10

  • Thomas Jefferson Arts Academy

  • 27 Martin Luther King Plz

  • 0.67 miles

  • Public District Grades 9-12

school-card-donut-3923242
1
/10

  • John E. Dwyer Technology Academy

  • 123 Pearl St

  • 0.82 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,549. Most Elizabeth, NJ residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Union County›Elizabeth›07208›43 Sayre St

This home is located at 43 Sayre St in Elizabeth, NJ and zip code 07208. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $780,000.

While more than 8 listings in Elizabeth, NJ in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. In March 2024 in Elizabeth, NJ there were 27.7% more homes for sale than in February 2024. In March 2024 median list price was $430,000 and the average listing age was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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