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    34 Erie St Elizabeth, NJ 07206

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    For Sale
    $699,000

    Two-family home with rental income potential in Elizabethport, NJ.

    Lot size:
    0.08 Acres

    Property Features for 34 Erie St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1998

    Source: RE/MAX IN ACTION Agent CARLOS BOLIVAR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Two-Family Home, Elizabethport

    Located in Elizabethport, NJ, 34 Erie Street is a two-family home situated on a corner lot. Constructed in 1998, the property features over 2,600 square feet of living space and separate entrances for each unit. The exterior is designed for low maintenance. The first-floor apartment has been recently remodeled and is currently rented, generating immediate rental income. The location provides convenient access to major highways, public transportation, shopping, and schools. The second-floor unit requires some improvements, offering the opportunity for customization or increased rental value. The layout and structure of the home are suitable for extended living or investment purposes. A fenced yard and front porch are included. This property presents an opportunity for investors and buyers seeking a home with income potential.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.1957049
    Latitude
    40.6491247

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    FAQs

    What type of property is this?
    Duplex - Two-family home with rental income potential in Elizabethport, NJ.
    Where is this duplex located?
    The property is located at 34 Erie St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Spacious two-family home with over 2,600 sq ft of living space.; - Corner lot location in Elizabethport, NJ.; - Recently remodeled first-floor apartment is currently rented, providing immediate rental income.
    (908) 558-2727
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    34 Erie St Elizabeth, NJ 07206
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    Elizabeth, NJ 07206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Erie St Elizabeth, NJ 07206
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