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Renovated Multifamily Property with Parking

34 Erie St Elizabeth, NJ 07206

34 Erie St, Elizabeth, NJ, 07206
$649,000
Pending
For Sale
$649,000
Pending

Turn-key multifamily property with strong income potential in prime location.

Days on Market63

Property Features for 34 Erie St

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
1998
Listing Agency
Listed by HELENE HALABI-JURGENSEN
Source Elliman
Added: May 17 Checked: Jul 17 at 6:39 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HELENE HALABI-JURGENSEN


Investment Insights

Based on property information with market context.

This fully renovated multifamily property presents a turn-key investment opportunity, requiring zero remodeling and offering immediate income potential. The property is situated in a desirable rental market in New Jersey. A significant advantage for both tenants and owners is the availability of parking. Its location provides quick access to the NJ Turnpike, Routes 1&9, I-278, and the Garden State Parkway, making it commuter-friendly. Newark Liberty International Airport is just minutes away, and New York City is easily accessible via NJ Transit and major highways. The property is conveniently located near shopping, restaurants, schools, parks, and employment centers. Its proximity to The Mills at Jersey Gardens supports strong tenant demand throughout the year. This property is suited for investors seeking immediate rental income, minimal maintenance, and long-term appreciation in a high-demand area.

Key Highlights

  • Fully renovated, requiring zero remodeling investment.
  • Strong rental income and cash‑flow potential.
  • Prime commuter location with quick access to major highways (NJ Turnpike, Routes 1&9, I‑278, Garden State Parkway) and Newark Liberty International Airport.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Garden Center Dental Office Locksmith Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Pet Grooming Service

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

FAQs

What type of property is this?
Multifamily property - Turn-key multifamily property with strong income potential in prime location.
Where is this multifamily property located?
The property is located at 34 Erie St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Fully renovated, requiring zero remodeling investment.; Strong rental income and cash‑flow potential.; Prime commuter location with quick access to major highways (NJ Turnpike, Routes 1&9, I‑278, Garden State Parkway) and Newark Liberty International Airport.
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