Back to Search

Multi-Family Investment Property, Elizabeth City

558 S Broad St, Elizabeth, NJ 07202

View on Map

For Sale

$1,080,000

3-Three Story, Multi-Family - Elizabeth City, NJ

Lot size:

0.16 Acres

HighLights

High Income Potential: Fully rented units generating substantial monthly income ($3,600 + $1000 + $1,500 + $1,500).
Large 71x100 lot offers development or subdivision potential.
Ample Parking: Two driveways with parking for 13 vehicles plus a 2‑car garage with loft.
Finished Basement provides additional usable space.
New Heating System: Recently installed (2 years old) furnace for the entire building.
Multi‑Unit Building: Contains a mix of unit types (one‑bedroom, studio, two‑bedroom) for diverse tenant appeal.

We can help!

Listing Contact

LEONEL BEXIGA

For Sale

$1,080,000

3-Three Story, Multi-Family - Elizabeth City, NJ

Lot size:

0.16 Acres

Added:: Apr 30, 2026
Days on Market:: 49
Last Refresh:: Jun 17 at 12:06 am

Property Features for 558 S Broad St

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 6
Rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
Parking: 14
Basement Y/N: 1
Appliances: Oven - Gas, Range
Standard status: Active
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 23913

Utilities

Cooling system: None (Cooling)

Building Details

Year built: 1925
Number of units: 4
Building materials: Brick, Vinyl Siding
Roof type: Asphalt, Shingle
Architectural style: Other

We can help!

Listing Contact

LEONEL BEXIGA

Listing agent LEONEL BEXIGA

Listing office TOP CHOICE REALTY NETWORK 110 HILLSIDE AVE STE 102, Elizabeth, NJ

Listing date Apr 30, 2026

MLS# 4024400 Listing URL

HighLights

High Income Potential: Fully rented units generating substantial monthly income ($3,600 + $1000 + $1,500 + $1,500).
Large 71x100 lot offers development or subdivision potential.
Ample Parking: Two driveways with parking for 13 vehicles plus a 2‑car garage with loft.
Finished Basement provides additional usable space.
New Heating System: Recently installed (2 years old) furnace for the entire building.
Multi‑Unit Building: Contains a mix of unit types (one‑bedroom, studio, two‑bedroom) for diverse tenant appeal.

Overview

This is a five-unit multi-family property situated on a 71x100 lot. The property includes two driveways, presenting a potential opportunity for developers to build or possibly subdivide the right side to construct a new two-family residence. The left side features a driveway accommodating five cars, along with a two-car garage that includes a loft above. The garage and two one-bedroom units on the first floor are currently leased to a contractor for $3,600.00. Additionally, there is a studio apartment rented for $1,000.00 and two two-bedroom units rented for $1,500.00 each. The right side of the property offers eight parking spaces. The basement is finished. A two-year-old heating furnace heats the entire building.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Elizabeth
County: Union
State: New Jersey
Longitude: -74.21607
Latitude: 40.65082

Nearby Similar for Sale

$680,000

7,666 SF

Established Restaurant and Lounge Business

Turn-key restaurant and lounge in prime location with high visibility.

1165 Dickinson St, Elizabeth City, NJ 07201-2211

View Details
$1,199,000

7,500 SF

Mixed-Use Commercial and Residential Building

Ground-floor commercial/warehouse with 14' ceilings and rolling doors plus three residential units above.

459 Fulton St, Elizabeth City, NJ 07206-2223

View Details
$1,099,000

5,000 SF

Mixed-Use Corner Property For Sale

Fully rented mixed-use corner property available in Elizabeth City.

400 E Jersey St, Elizabeth City, NJ 07206-1306

View Details
$1,200,000

2,613 SF

Mixed-Use Investment Opportunity in Elizabeth

Mixed-use property with commercial storefront and two residential units.

416 S 5Th St, Elizabeth City, NJ 07206-1011

View Details
$875,000

2,300 SF

Renovated Mixed-Use Building in Elizabeth

Renovated mixed-use property with commercial space and residential units.

173 3Rd St, Elizabeth City, NJ 07206-1902

View Details
$679,999

2,836 SF

Multi-Family Home in Elizabeth City

Two-family home with various living options in North Elizabeth.

1039 Anna St, Elizabeth City, NJ 07201-1412

View Details
$1,199,000

2,500 SF

Mixed-Use Investment Opportunity

Mixed-use property with commercial space and residential units in Elizabeth.

459 Fulton St, Elizabeth City, NJ 07206-2223

View Details
$785,000

3,483 SF

Mixed-Use Property with Restaurant Income

Mixed-use property featuring a restaurant and residential units.

442 Elizabeth Ave, Elizabeth City, NJ 07206-1103

View Details
$1,150,000

3,960 SF

Custom-Built Multifamily Near Kean University

Exceptional multifamily property near Kean University with investment potential.

117-119 Stiles St, Elizabeth City, NJ 07208-1810

View Details
$450,000

3,500 SF

Turnkey Bar and Restaurant Opportunity

Established bar and restaurant with liquor license and parking.

1109 Elizabeth Ave, Elizabeth City, NJ 07201-2497

View Details
$625,000

2,439 SF

Two-Story Two-Family Home

Well-maintained legal two-family residence with flexible finished basement and attic space for owner-occupants or investors.

312 S Spring St, Elizabeth City, NJ 07201-3110

View Details
$799,900

3,180 SF

Mixed-Use Property with Auto Shop

Mixed-use property featuring an apartment, auto body shop, and dealership.

539 S 5Th St, Elizabeth City, NJ 07206-1012

View Details

For sale
Apartment buildings
NJ
Elizabeth
07202
558 S Broad St

What type of property is this?

Apartment building - Five-unit building with development potential on a 71x100 lot.

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: High Income Potential: Fully rented units generating substantial monthly income ($3,600 + $1000 + $1,500 + $1,500).; Large 71x100 lot offers development or subdivision potential.; Ample Parking: Two driveways with parking for 13 vehicles plus a 2‑car garage with loft.

558 S Broad St, Elizabeth, NJ 07202

3-Three Story, Multi-Family - Elizabeth City, NJ

Property Features for 558 S Broad St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Established Restaurant and Lounge Business

Mixed-Use Commercial and Residential Building

Mixed-Use Corner Property For Sale

Mixed-Use Investment Opportunity in Elizabeth

Renovated Mixed-Use Building in Elizabeth

Multi-Family Home in Elizabeth City

Mixed-Use Investment Opportunity

Mixed-Use Property with Restaurant Income

Custom-Built Multifamily Near Kean University

Turnkey Bar and Restaurant Opportunity

Two-Story Two-Family Home

Mixed-Use Property with Auto Shop

FAQs

Create New Password