303 Chilton St Elizabeth, NJ 07208

Building Details

Year Built

2024

Listing agency EXIT REALTY LUCKY ASSOCIATES t***@aol.com Show Phone

Listed by ANTONIO COSTA · License #238477

Source Elliman

Added: Mar 12 Updated: Jul 6 at 12:42PM Checked: Jul 21 at 6:06AM

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Investment Insights

Based on property information with market context.

This property features plans for three new apartments and a recreation room. The first floor includes a two-car garage, utility room, recreation room, full bathroom, and study, with a connection to apartment #1 on the second floor. Apartment #1 features a living room, dining room, eat-in kitchen, three bedrooms, and two full bathrooms. The kitchens are equipped with a dishwasher, microwave, stove, granite countertops, breakfast island, and ceramic backsplash. Each unit has separate utilities, central air/heat, and laundry hook-ups. The property may qualify for a 5-year tax abatement for owner-occupied units and a 10-year HOW. The house has a 1638 square foot footprint. This property is intended for multifamily residential use.

Key Highlights

• Brand new construction (2024) with two separate apartments
• Potential for 5‑year tax abatement for owner‑occupied unit
• 10‑year HOW (Home Owners Warranty)

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FAQs

What type of property is this?

Multifamily property - New construction multifamily property featuring recreation room and modern amenities.

Where is this multifamily property located?

The property is located at 303 Chilton St Elizabeth, NJ.

What is the asking price?

The asking price for this property is $1,225,000.

What are key features of this property?

This property features: Brand new construction (2024) with two separate apartments; Potential for 5‑year tax abatement for owner‑occupied unit; 10‑year HOW (Home Owners Warranty)