243 Ellis Avenue

Irvington, NJ 07111

$550,000
Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to a prime investment opportunity in Irvington, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 4 bedrooms, and 3 bathrooms, three car garage and a driveway. Very spacious bedrooms for tenant comfort! The full basement is awaiting your finishing touches. This property is ideal for investors who are looking for substantial rental income or savvy...Welcome to a prime investment opportunity in Irvington, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 4 bedrooms, and 3 bathrooms, three car garage and a driveway. Very spacious bedrooms for tenant comfort! The full basement is awaiting your finishing touches. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Imagine the rental income you could generate from two legal units plus the possibility of a basement apartment. Don't miss the chance to add this property to your rental portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
  1. Listed by ALNAZIR BLACKMAN • SIGNATURE REALTY NJ
  2. Listed by ROKIERA HOAGLAND • SIGNATURE REALTY NJ

Property Details for 243 Ellis Avenue

Directions
Google Maps
Days On Market
21
LISTING UPDATED: 07/03/2024 09:11 AM

Property Details for 243 Ellis Avenue

StatusActive
MLS #3907431
Days on Market158
Taxes$6,771 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built-
Lot Size0.00 AC / 0 SF
CountyEssex County

Building Information for 243 Ellis Avenue

Stories-Residences2Year Built-Building Size-Lot Size0.00 AC / 0 SF

Property Information for 243 Ellis Avenue

Summary
Location and General Information
  • Active Days on Market: 21
  • County #: Essex
  • Town Name: Irvington Twp.
  • Block Identifier: 139
  • Listing Type: Exclusive Right to Sell
  • Town #: 1609.0
  • Street # Display: 243.0
  • # Parking Spaces: 4
  • County Or Parish: Essex
  • Street Name: Ellis Ave
  • Zip Code: 07111-4408
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $6,771
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 111500.0
  • Tax ID For Property: 1609-00139-0000-00031-0000-
  • Tax Rate Amount: $6
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop
  • # Garage Spaces: 3
  • Garage Description: Detached Garage, Oversize Garage
Property
Lot Information
  • Lot Identifier: 31
  • Approximate Lot Size: 38.69 X IRREG.
  • Total Acres: 0.0
Property and Assessments
  • Assessment Bldg: 92600.0
  • Assessment Land: 18900.0
Utilities
  • Cooling: Wall A/C Unit(s)
  • Heating: Baseboard - Electric
  • Fuel Type: Gas-Natural
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1100.0
Unit 2 Information
  • Unit 2 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1100.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1100.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 243 Ellis Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 243 Ellis Avenue

Taxable ValueLand$18,900Additions$92,600Total$111,500
Tax Record2023$6,771 ($564 / month)
Home Facts
Total Finished SqFt2,350 SqFtAbove Grade Finished SqFt2,350 SqFtStories2StyleDuplexYear Built1953CountyESSEXAPN09 00139-0000-00031

Schools near 243 Ellis Avenue

This home is within Irvington Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Berkeley Terrace
PublicPK to 5

University Middle School
Public6 to 8

Irvington High School
Public9 to 12

University Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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243 Ellis Avenue is a multi-family home for sale in Irvington, NJ 07111. This property was listed for sale on June 12, 2024 by SIGNATURE REALTY NJ, it's currently listed at $550,000. This listing's school district is Irvington Board Of Education School District. Nearby schools include Berkeley Terrace, University Middle School and Irvington High School. 243 Ellis Avenue is a 4-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SIGNATURE REALTY NJ, ALNAZIR BLACKMAN; SIGNATURE REALTY NJ, ROKIERA HOAGLAND

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 11/17/2024 10:46 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 11/17/2024 10:46 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.