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sales rep | Brivity IDX

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511 Grier Ave , Elizabeth City, NJ 07202
$1,250,000
Est. Payment: $6,750.01/mo
8 Bed
6 Bath
0.17 Acres
Status: active | Days on site: 2
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4984 - 311736
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House Description

Massive, fully modernized income-producing 2-family property with a walkout finished attic and basement. This impressive property sits on an oversized 37 x 200 lot and features a detached two-story garage and parking for 10+ vehicles! The first-floor duplex features 3 bedrooms and 3 full bathrooms, with direct access to a finished walkout basement offering additional recreational and living space. The second-floor duplex boasts 5 bedrooms and 3 full bathrooms, complemented by a finished walkout attic. Both units feature modern kitchens with stainless steel appliances, private in-unit laundry rooms, and central heating and cooling with a two-zone HVAC system. Enjoy a beautifully designed backyard featuring a spacious rear deck and patio, A large gazebo with a built-in fire pit, and an above-ground swimming pool. The oversized two-story, two-car garage offers abundant storage and workspace, along with a wet bar for entertainment. Ideally located near NYC transportation, local shops, schools, major highways, Newark Liberty International Airport, and The Mills at Jersey Gardens. With two substantial living units, additional finished attic and basement space, extensive off-street parking, and an oversized detached garage, this property offers tremendous versatility and income-producing potential. Whether you're looking to live in one unit while generating rental income from the other or expand your real estate investment portfolio, this is a rare opportunity.

Highlights

Listed by JONATHAN JIMENEZ CARDONA , MP KELLER WILLIAMS CITY VIEWS REALTY , 201-592-8900. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1910

County

Union

Listing ID

4064020

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6
Air Cond:2 Units,Central Air
Fireplaces:
Basement:Finished,Full,Walkout
Other:
  • ▪ Additional:Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
Water:Public Water

Exterior Features

Lot Dimensions:37.50X200
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Gazebo, Patio, PoolAbov, FencPriv, FencVnyl, Stone, Vinyl Siding, 2 Car Width, Concrete, Driveway-Exclusive
Sewer:Public Sewer
Parking Features:Oversize Garage
Principal Interest
$6,750
Taxes
$1,008

Home Price

$1,250,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$250,000
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:
$6,750.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,750.01 $1,007.92 $0.00 $7,757.93
Yearly $81,000.17 $12,095.00 $0.00 $93,095.17
Total $2,430,005.14 $362,850.00 $0.00 $2,792,855.14
Lender profile image
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: 2026-11-13T17:58:39.000Z

© 2026 Garden State MLS