22 days on rocket

530 Court St, Elizabeth, 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
ParkingNone
HeatingBaseboard, Hot Water, Radiant
BasementYes
WaterfrontNone
FireplaceNone
MLS #24010316
StatusActive
(ACTIVE)

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 $**,000 to $**,000 per month with a management team in place. Daily rental 3 bed $**-** & 1bed/studio $**-*** per night. Long term rental 2 x 3 bed $****-****, 1 bed $**** & studio $****-**** estimated month rental $****-$*****. 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.

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Darrell Bailey

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Other, Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Radiant

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,500

Tax Information:

  • Annual Amount: $6,284
  • 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

530 Court St vs Elizabeth

22 DAYS ON ROCKET

+8 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: #24010316

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Darrell Bailey

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, 10:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,284$21,800
2019$6,222$21,800
2018$6,049$21,800
2017$6,049$21,800

History based on county public records data.

Payment Calculator

$3,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,164

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NMLS#3030

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-3958229
5
/10

  • John Marshal School #20

  • 521 Magnolia Ave

  • 0.08 miles

  • Public District Grades PK-8

High School

school-card-donut-3958230
1
/10

  • John E. Dwyer Technology Academy

  • 123 Pearl St

  • 0.97 miles

  • Public District Grades 9-12

school-card-donut-3958231
3
/10

  • Thomas Jefferson Arts Academy

  • 27 Martin Luther King Plz

  • 1.01 miles

  • Public District Grades 9-12

school-card-donut-3958232
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. The majority of Elizabeth, NJ residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically 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, NJ and zip code 07206. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $699,500.

Over 8 listings were sold over their listed price in March 2024 in Elizabeth, NJ. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Elizabeth, NJ increased by 27.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $430,000, while the average time on the real estate market was 14 days.

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

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