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Five-Unit Multifamily Building

558 S Broad St Elizabeth, NJ 07202

558 S Broad St, Elizabeth, NJ, 07202
$1,080,000
For Sale
$1,080,000

MULTI_FAMILY - Elizabeth City, NJ

Lot Size0.16 Acres
Days on Market83

Property Features for 558 S Broad St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
6
Rooms
Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 5, Bedroom 7, Bathroom 3, Bathroom 6, Basement, Bedroom 4, Bedroom 8, Bathroom 1, Bedroom 6, Bedroom 2
Parking
14
Standard status
Active
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
23913

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1925
Floors in Building
3
Number of units
4
Roof type
Shingle
Architectural style
Other
Listing Agency TOP CHOICE REALTY NETWORK
110 HILLSIDE AVE STE 102, Elizabeth, NJ
Listed by LEONEL BEXIGA
Added: Apr 30 Updated: Jun 30 at 8:24 pm Checked: Jul 21 at 4:06 am
MLS# 4024400 Listing URL

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This five-unit multifamily building is set on a 71-by-100 lot and configured with two driveways for vehicle access and on-site parking. The left side provides driveway access for five cars and includes a two-car garage with a loft above. The right side offers additional parking, totaling eight spaces. A finished basement adds extra usable interior space. The building is heated by a single furnace noted as being about two years old and serving the entire property.

The property is located at 558 S Broad St in Elizabeth City, NJ (Union County, 07202). Current information indicates multiple units are leased, including the loft above the garage leased to a contractor, two one-bedroom units on the first floor, a second-floor studio, and two two-bedroom units.

For buyers or operators, the existing unit mix and current leasing provide a straightforward structure for managing a small income property. The on-site driveway and parking layout supports tenant parking needs, and the finished basement offers flexibility for additional living or utility space within the existing footprint.

Key Highlights

  • 1925‑built 5‑unit multifamily on a 71x100 lot with 2 driveways
  • Basement is finished
  • One heating furnace (2 years old) heats the entire building

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five residences on a 71-by-100 lot with two driveways, parking, a garage with loft, and a finished basement.
Where is this apartment building located?
The property is located at 558 S Broad St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 1925‑built 5‑unit multifamily on a 71x100 lot with 2 driveways; Basement is finished; One heating furnace (2 years old) heats the entire building
Contact an agent
More about this property
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