Search
5-Unit Apartment Building with Finished Basement
For Sale
$1,080,000

558 S Broad St, Elizabeth, NJ 07202

MULTI_FAMILY - Elizabeth City, NJ

Property SizeContact for details
Lot Size0.16 Acres
Days on Market102

Property Features for 558 S Broad St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 2, Basement, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking 14
Directions Off Route 1&9 North
Standard status Active
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 23913

Utilities

Sewer type Public Sewer
Water source Public

Amenities

finished basement

Building Details

Year built 1925
Floors in Building 3
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: TOP CHOICE REALTY NETWORK
Listed By: LEONEL BEXIGA
Added: Apr 30 Changed: Aug 2 Last Checked: Aug 9 at 9:06PM
MLS# 4024400

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.

This 5-unit apartment building sits on a 71x100 lot and features finished basement space. The property includes two driveways, with the left side driveway supporting parking for five cars and a 2-car garage with a loft above. The right side provides eight parking spaces. Roofing is shingle, and the home is served by public water and public sewer. The building was constructed in 1925.

Heating is provided by one furnace that is described as two years old and heats the entire building.

The unit mix is described as multiple first-floor and second-floor apartments, including one-bedroom units on the first floor, a studio unit on the second level, and two-bedroom units. The arrangement supports straightforward multi-tenant operation under one roof.

Key Highlights

  • 5‑unit apartment building on a 71x100 lot
  • Finished basement
  • Two driveways; left side: parking for 5 cars plus 2‑car garage with loft above

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Tanning Salon Pet Grooming Service Pet Store

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,531
Businesses Nearby

Demographics for 07202, NJ

43,389
Population
15,866
Households
2.7
Avg Household Size
36
Median Age
13%
College-Educated
76%
High-School Grad
2.3 sq mi
ZIP Area
18,865
Density / Sq Mi
$68,071
Median Household Income
$40,505
Median Earnings
$1,508
Median Rent
$358,000
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building with finished basement, public water and public sewer, and a shingle roof.
Where is this apartment building located?
The property is located at 558 S Broad St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 5‑unit apartment building on a 71x100 lot; Finished basement; Two driveways; left side: parking for 5 cars plus 2‑car garage with loft above
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message