$1,040,000
 $5,583 est/mo Sourced by Back At You

1028 Sheridan Ave,Elizabeth City, NJ 07208

Elizabeth City, NJ 07208

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Description

**INVESTOR & OWNER-OCCUPANT OPPORTUNITY!** Welcome to 1028 Sheridan Avenue, a well-maintained and updated legal 4-family property featuring four spacious 2-bedroom, 1-bath apartments. Fully occupied and generating strong rental income, with the possibility of one unit being delivered vacant. The property also features an expansive finished attic offering additional bonus space with a bedroom, full bath and kitchenette. Additional highlights include two separate unfinished basements, coin-operated laundry, an oversized two-bay garage, plus two additional off-street parking spaces. Boilers and water heaters were replaced approximately two years ago, offering added peace of mind for the next owner. Updated interiors, excellent income potential and room for future growth make this an outstanding addition to any investment portfolio or an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. Conveniently located near major highways, shopping, dining, schools and transportation. **A rare opportunity to acquire a turnkey 4-family property in Elizabeth!**

Details

MLS #4047597
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Year1927
Days On Site63
Listing Provided ByELITE REALTORS OF NEW JERSEY | EDWIN DEVIA

Features

Bath(s) 5 Total
Garage2
BasementY

Taxes

Property13465

Area Information

StateNJ
CountyUnion
CityElizabeth City
Zip Code07208
AreaUnion
Listing VS Median (in 07208)
Price:
$1,040,000
low | high
Med:
$487,500
100% of Average
On site:
63
low | high
Med:
91
69.230769230769% of Average
Sourced by Back At You

Market Activity 07208

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Learn More About This Property

StateNJ
CountyUnion
CityElizabeth City
Zip Code07208
AreaUnion
Listing VS Median (in 07208)
Price:
$1,040,000
low | high
Med:
$487,500
100% of Average
On site:
63
low | high
Med:
91
69.230769230769% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $780K - $1.3M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1010 Kilsyth Rd Property Photo 1
$885,000
1010 Kilsyth Rd
Elizabeth City, NJ 07208
Listing Updated: October 9, 2026 at 11:16:53 AM PDT