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    208 Erie St Elizabeth, NJ 07206

    For Sale
    $715,000

    Two-unit residential property featuring updated interiors and ample parking.

    Lot size:
    0.06 Acres

    Property Features for 208 Erie St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    9999

    Source: EXIT REALTY LUCKY ASSOCIATES Agent ANTONIO COSTA

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

    Overview

    Two-Unit Residential Property For Sale

    This two-unit residential property features two apartments, each with two to three bedrooms, one bathroom, a living room, a dining room, and a kitchen. The property also includes a recreation room, a full bathroom, a utility room, and a two-car garage at street level. The apartments have wood and ceramic floors. The first floor is owner-occupied, while the second-floor apartment is currently rented on a month-to-month basis for $2,400 per month. The kitchen in apartment #2 was renovated in 2015. The property includes rear stairs for both apartments #1 and #2, leading to the backyard. Parking is available for up to four cars. The property is in move-in condition.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.1976962
    Latitude
    40.6480776

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    FAQs

    What type of property is this?
    Duplex - Two-unit residential property featuring updated interiors and ample parking.
    Where is this duplex located?
    The property is located at 208 Erie St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $715,000.
    What are key features of this property?
    This property features: - Income-generating property: Tenant on the 2nd floor provides $2,400 monthly income; - Two separate apartments: Each floor features a complete living space; - Ample parking: Accommodates up to 4 cars
    (908) 289-7746
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    208 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
    208 Erie St Elizabeth, NJ 07206
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