19 days on rocket

530 Court St, Elizabeth City, NJ, 07206

$699,500

Home List Price

$8,307*

Closing Credit

7 Bedrooms
5 Full Baths
Multi
Schools Nearby

Location

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530 Court St, Elizabeth$699,500

Buyer Closing Credits

$8,307*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, None
Year Built1930
HeatingMulti Unit(s), Natural Gas
BasementYes
MLS #3894886
Lot Size0.06 Acres
StatusActive

About 530 Court St

Turnkey multi family with significant income potential and outstanding amenities situated in the city of Elizabeth. With 5 short term accommodation units generating between $10,000 to $14,000 per month with a management team in place. Daily rental 3 bed $150-211 & 1bed/studio $75-120 per night. Long term rental 2 x 3 bed $2500-3000, 1 bed $1500 & studio $1100-1400 estimated month rental $7600-$10300. Whether you're looking to live mortgage free, expand your portfolio or generate passive income, this property is an excellent choice. Each apartment is meticulously designed with outstanding luxury finishes, offering tenants or guests a modern and comfortable living experience. Bright floors and abundant natural light create an inviting atmosphere throughout and spacious garden perfect for entertaining. The property features a variety of unit layouts, including three 3-bedroom, 1-bathroom apartments on the 1st and 2nd floors, a 1-bedroom apartment on the 3rd floor, and two studio apartments in the basement. Enjoy the convenience of dedicated laundry facilities, ample storage space, Wi-Fi connectivity, 24-hour camera security, and smart locks, ensuring both guest or tenant satisfaction and ease of management. Nestled in a vibrant neighborhood, this property enjoys proximity to Newark Airport & Port, making it an ideal choice for travelers. Additionally, it provides easy access to schools, parks, Jersey Gardens Mall, and a convenient commute to New York City. 2022 taxes under 7k!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1930

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (866) 201-6210

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Other
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Deck, FencVnyl

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking, None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas

School Info

Assigned Schools Information:

  • John E. Dwyer Technology Academy, Public District Grades 9-12
  • Thomas Jefferson Arts Academy, Public District Grades 9-12
  • Admiral William F. Halsey Jr. Leadership Academy, Public District Grades 9-12
  • John Marshal School #20, Public District Grades PK-8

Other

Directions Information:

  • Directions: Trumbull St to East 6th St to Court St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,500
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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

530 Court St vs Elizabeth

19 DAYS ON ROCKET

+5 Days

$699,500

+$269.5K More

KEY TAKEAWAY

This property is $269.5K more than the Median Sold Price in Elizabeth, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3894886

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (866) 201-6210

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 6:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,559

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-3266753
5
/10

  • John Marshal School #20

  • 521 Magnolia Ave

  • 0.08 miles

  • Public District Grades PK-8

High School

school-card-donut-3266754
1
/10

  • John E. Dwyer Technology Academy

  • 123 Pearl St

  • 0.97 miles

  • Public District Grades 9-12

school-card-donut-3266755
3
/10

  • Thomas Jefferson Arts Academy

  • 27 Martin Luther King Plz

  • 1.01 miles

  • Public District Grades 9-12

school-card-donut-3266756
1
/10

  • Admiral William F. Halsey Jr. Leadership Academy

  • 641 South St

  • 1.05 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 $54,268. Most Elizabeth, NJ residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Union County›Elizabeth›07206›530 Court St

This home is located at 530 Court St in Elizabeth City, NJ and zip code 07206. This home, which was built in 1930, sits on a 0.06 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $699,500.

In March 2024, from all listings sold in Elizabeth, NJ there were more than 8 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. Between February 2024 and March 2024, Elizabeth, NJ real estate market has seen increase in the number of listings by 27.7%. While the average time on the market in March 2024 was 14 days, the median list price was $430,000.

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

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