1028 Sheridan Ave
Elizabeth City, NJ 07208
Price: $1,040,000
GSMLS: 4047597Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 8
Baths: 5 Full
Garage: 2-Car
Year Built: 1927
Acres: 0.10
Property Tax: $13,465
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!**
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
23
Basement:
Yes - Finished-Partially
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
35X122.05
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Assigned
Parking:
2 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water
Handicap:
No
Utilities
Heating:
4+ Units, Radiant - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,040,000
Tax Amount:
$13,465
Land Assessment:
$202,500
Build. Assessment:
$465,100
Total Assessment:
$667,600
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4047597
List Date:
08-18-2026
Days On Market:
2
Listing Broker:
ELITE REALTORS OF NEW JERSEY
Listing Agent:
Edwin Devia
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
