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Residential Income Property

636 Britton St, Elizabeth, NJ 07202

For Sale
$1,250,000

Finished interior space with walk-out access and natural gas service.

Property Size4,615 SF
Lot Size1.00 Acre
Price / SF$270.86
Days on Market19

Property Features for 636 Britton St

General Information

Standard status Active
Size 4,615 SF
Net Rentable 1 SF
Class a
Total Parking Spaces 1
Elevators No
Lot size 1.00 Acre
Property subtype Residential Income
Zoning a
Occupancy 1%
Net Operating Income $1.00

Property Condition

Severity Repairs Needed
Evidence a

Financials

Asking Price $1.00
Cap Rate 1%
Gross Income $1.00
Gross Rent Multiplier 1
Average Monthly Rent $1.00
HOA Fee $1.00
Business Included Yes
Opportunity Zone No

Site & Location

Highway Access No
Road Access No
Public Transit No
Utilities to Site No

Units

Unit Mix a
Multifamily Units 1
Parking per Unit 1
RV Sites 1
Mobile Home Lots 1
Park-Owned Homes 0
Individually Metered Utilities a

Additional Details

Furnished No
Sprinkler System No

Taxes and HOA fees

Annual Taxes $7,134

Amenities

a
b
Natural Gas
Finished, Walk-Out Access
Garage Door Opener, Oversized, Attached
2-Two Story

Building Details

Building Size 4,615 SF
Year Built 2027
Buildings 1
Stories 2
Construction a
Tenancy a
Abandoned No
Listing Agency: SIGNATURE REALTY NJ
Listed By: PABLO A. BOCCARDO
Source: Evrealestate
Added: Oct 22 Changed: Nov 3 Last Checked: Nov 8 at 6:11AM

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 SIGNATURE REALTY NJ

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Investment Insights

Based on property information with market context.

Located at 636 Britton St in Elizabeth City, this residential income property has finished interior space with walk-out access. Natural gas service and an attached oversized garage with a door opener are among its features. The recorded year built is 2027.

Key Highlights

  • Finished interior with walk‑out access
  • Attached oversized garage with door opener
  • Natural gas service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,292
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,565,840 $1.6M
Cap Rate 7%
$1,118,457 $1.1M
Cap Rate 9%
$869,911 $869.9K
Market Conditions
NOI Build-Up for 4,615 SF
Gross rent
$149.5K $32.40/SF
− Vacancy
−$7.2K −$1.56/SF
EGI
$142.3K $30.84/SF
− OpEx
−$64.1K −$13.88/SF
NOI
$78.3K $16.96/SF
Area
Elizabeth, NJ
Vacancy
4.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,565,840
Cap Rate 7%
$1,118,457
Cap Rate 9%
$869,911

Alternative Uses

Best Use
Apartment 5plus
$1.12M
$978.7K – $1.30M (±1% cap)
NOI $78,292 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $1.99M (±1% cap)
NOI $119,656 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
1%
Occupancy
A-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

980
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Elizabeth, NJ

$353 Jul
$289 Aug
$309 Sep
$303 Oct

Properties on Market for Residential income properties in Elizabeth

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Finished interior space with walk-out access and natural gas service.
Where is this residential income property located?
The property is located at 636 Britton St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Finished interior with walk‑out access; Attached oversized garage with door opener; Natural gas service
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Includes: Price & PSF · Cap rate · Location · Zoning

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