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Quadplex with Finished Basement
New
For Sale
$975,000

1028 Sheridan Ave, Elizabeth, NJ 07208

MULTI_FAMILY - Elizabeth City, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market3

Property Features for 1028 Sheridan Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 5, Bedroom 8, Bedroom 4, Bedroom 2, Bedroom 1, Basement, Bedroom 9, Bedroom 6, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 7
Parking 2
Directions from north avenue take sheridan ave north to 1024 sheridan
Standard status Active
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13465

Utilities

Sewer type Public Sewer
Water source Public

Amenities

finished basement
solar panels
central air

Building Details

Year built 1927
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: ELITE REALTORS OF NEW JERSEY
Listed By: EDWIN DEVIA
Added: Aug 7 Changed: Aug 9 Last Checked: Aug 9 at 4:06PM
MLS# 4045703

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 1927 quadplex contains four two-bedroom, one-bath residences, with one unit currently vacant. A finished basement adds a full bathroom and usable supplemental space. Recent property improvements include a newer shingle roof with solar panels and updated central air throughout the building.

Parking includes a two-car garage and two additional off-street spaces at the rear. The property occupies 0.1 acres and is served by public water and public sewer. Located in Elizabeth, the building offers access to major highways, public transportation, shopping, dining, and other local amenities.

Key Highlights

  • Four 2‑bedroom, 1‑bath units, including one currently vacant
  • Finished basement with a full bathroom and additional usable space
  • Newer shingle roof with solar panels

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Clothing & Fashion Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,016
Businesses Nearby

Demographics for 07208, NJ

33,561
Population
12,958
Households
2.6
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
18,645
Density / Sq Mi
$61,873
Median Household Income
$36,373
Median Earnings
$1,364
Median Rent
$425,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units feature updated central air, off-street parking, and additional finished basement space.
Where is this quadplex located?
The property is located at 1028 Sheridan Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units, including one currently vacant; Finished basement with a full bathroom and additional usable space; Newer shingle roof with solar panels
More about this property
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