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Updated Quadplex with Garage
New
For Sale
$1,040,000

1028 Sheridan Ave, Elizabeth, NJ 07208

Multi-Family, 2-Two Story, Elizabeth City, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market6

Property Features for 1028 Sheridan Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bathroom 2, Basement, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 8
Parking 2
Directions RIGHT OFF OF NORTH AVENUE WEST. TWO BLOCKS ON THE LEFT
Standard status Active
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13465

Utilities

Sewer type Public Sewer
Heating system Radiant, Hot Water(Heating)
Water source Public

Amenities

coin-operated laundry

Building Details

Year built 1927
Floors in Building 2
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: ELITE REALTORS OF NEW JERSEY
Listed By: EDWIN DEVIA
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 23 at 4:06AM
MLS# 4047597

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.

Built in 1927, this legal quadplex contains four two-bedroom, one-bath apartments with updated interiors. The property is fully occupied and includes a finished attic with an additional bedroom, full bathroom, and kitchenette. Two separate unfinished basements provide storage and utility space, while coin-operated laundry serves the building. An oversized two-bay garage and two additional off-street parking spaces are also included.

The property is located at 1028 Sheridan Avenue in Elizabeth, NJ, near major highways, shopping, dining, schools, and transportation. Public water and public sewer serve the site. Heating is provided through hot-water and radiant systems, and the boilers and water heaters were replaced approximately two years ago.

Key Highlights

  • Legal four‑family property with four 2‑bedroom, 1‑bath apartments
  • Finished attic includes a bedroom, full bath, and kitchenette
  • Oversized two‑bay garage plus two additional off‑street parking spaces

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
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

864
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Legal four-family property with occupied apartments, finished attic space, laundry, basements, and off-street parking.
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 $1,040,000.
What are key features of this property?
This property features: Legal four‑family property with four 2‑bedroom, 1‑bath apartments; Finished attic includes a bedroom, full bath, and kitchenette; Oversized two‑bay garage plus two additional off‑street parking spaces
More about this property
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