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136 Park Pl, Elizabeth, NJ 07206 Photo

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136 Park Pl Elizabeth, NJ 07206
$1,500,000
Active / MLS# 4035246 / Multi Unit - Multiple / Elizabeth
0 Beds
9 Baths
9 Half Baths
3750 SqFt

Here's an MLS-style marketing description you can use and adjust once you have the exact unit mix and rents:Excellent investment opportunity in the heart of Elizabeth! This well-maintained 9-unit multifamily property sits on an oversized 75' x 100' lot and offers ample on-site parking, a rare feature for the area.The building features separate utilities for each unit, including individual boilers, providing efficient management and reduced owner expenses. Ideal for investors seeking strong cash flow and long-term appreciation potential.Conveniently located near major highways, public transportation, shopping, schools, Newark Liberty International Airport, and downtown Elizabeth. Large lot size may offer future development or expansion potential; buyers should conduct their own due diligence.Don't miss this opportunity to acquire a sizable income-producing asset in one of Union County's most active rental markets.For a more aggressive investor-focused version, I can also write one emphasizing **cap rate, cash flow, and value-add potential**.

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Estimated Payment

$ 9,363.57 per month $7,584.82 Principal & Interest $1,341.25 Property Tax $437.50 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: No Cool
Fuel Type: Electric, Gas-Natural
Heating: 4+ Units
Lot Size: 0.17 Acres
Roof Type: Built-Up
Stories: 3.0
Taxes: $16,095
Year Built: 1920

Feature Descriptions

Days on Site: 2
Equipment Available: Smoke Detector
Exterior: Concrete
Lease Info: Month-To-Month
Location: Residential Area
Lot Dimensions: 0.17 acre(s)
Max Door height: 0
Owner Pays: Maintenance-Common Area, Repairs, Snow Removal
Parking: Additional Parking, Parking Lot-Exclusive
Sewer: Public Sewer
Tenant Pays: Electric, Gas, Heat, Hot Water
Units: 9
Utilities: Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: UNITED REAL ESTATE
Agency Contact: 646-342-1773

Shown By

Agency Title: Hallmark Realtors
Agency Phone: (732) 574-9400

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