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sales rep | Brivity IDX

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220 Inslee Pl , Elizabeth City, NJ 07206
$574,999
Est. Payment: $3,105.00/mo
5 Bed
3 Bath
0.06 Acres
Status: active | Days on site: 1
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6081 - 308741,312556
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House Description

SELLER INCENTIVE! SELLER IS OFFERING A CREDIT WITH AN ACCEPTABLE OFFER THAT MAY BE APPLIED TOWARD RATE BUYDOWN OR ELIGIBLE BUYER CLOSING COSTS, SUBJECT TO LOAN PROGRAM GUIDELINES AND BUYER QUAL. Savvy investors and first-time buyers take note 220 Inslee Pl in Elizabeth City, NJ is the kind of multifamily opportunity that checks every box. Spanning nearly 20,000 square feet, this 5 bedroom, 3 bathroom multi-family property sits on a compact 0.06-acre footprint and delivers serious income-generating potential from day one. The layout is purpose-built for the house-hacker or portfolio builder occupy one unit while the rental income from the others helps offset your mortgage, building equity without stretching your budget. Separate utilities keep expenses clean and landlord responsibilities straightforward, a detail that experienced investors know to look for. A gas water heater rounds out the mechanical profile, keeping operating costs manageable. Location adds another layer of appeal situated close to major highways and transit options, the property draws from a broad pool of prospective tenants who value connectivity and convenience. The income potential positions this as a genuine wealth-building opportunity rather than just a place to live. Hardwood floors beneath the existing surfaces hint at the character waiting to be uncovered, and the private outdoor space provides a welcome retreat.

Highlights

Listed by ELIANE LONGHI , MP and PAOLA BERMUDEZ , MP SERHANT NEW JERSEY LLC , 973-315-5959. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

County

Union

Listing ID

4064453

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:See Remarks
Fireplaces:
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:25X100
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Vinyl Siding, Off-Street Parking
Sewer:Public Available
Principal Interest
$3,105
Taxes
$731

Home Price

$574,999

Loan Details

30 yrs
7.144%

Down Payment

20%
$115,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,105.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,105.00 $731.25 $0.00 $3,836.25
Yearly $37,260.01 $8,775.00 $0.00 $46,035.01
Total $1,117,800.42 $263,250.00 $0.00 $1,381,050.42
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Elizabeth City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:58:50.000Z

© 2026 Garden State MLS