589 Cherry St

Elizabeth City, NJ 07208


 

Price: $846,000

GSMLS:  4057135
Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 3 Full
Garage: 2-Car
Year Built: 1999
Acres: 0.14
Property Tax: $13,739
Description
Open House Sunday 1PM–4PM.
Excellent investment opportunity in a prime Elizabeth location! Built in 1999, this well-maintained and recently renovated 2-family home offers two spacious 3-bedroom units and excellent rental income potential. The first-floor unit features 3 bedrooms, 1 full bath, living room, dining room, in-unit laundry and storage shed. The second-floor unit offers 3 generously sized bedrooms and 2 full baths, including a primary suite with private en-suite bath and ample closet space, a spacious kitchen with abundant cabinetry and counter space, dining area, bright living room, in-unit laundry, and interior access to a 2-car attached garage. Both units feature central air and forced hot-air heat for year-round comfort. Additional off-street parking adds even more convenience. Ideally situated on a corner lot just 2 blocks from Kean University, with easy access to major highways, public transportation, Newark Liberty International Airport and NYC. A fantastic opportunity for investors or owner-occupants looking to generate strong rental income in a highly desirable and convenient location!
General Info
Style:
2-Two Story
SqFt Building:
2,526
Total Rooms:
11
Basement:
No
Interior:
Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet
Roof:
Asphalt Shingle
Exterior:
Brick, Vinyl Siding
Lot Size:
61X100
Lot Desc:
Corner
Parking
Garage Capacity:
2-Car
Description:
Attached Garage, Built-In Garage
Parking:
Blacktop
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Family Room, Kitchen, Laundry Room, Living/Dining Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
2 Units
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:
Elmora / Kean Univer
Financial Considerations
List Price:
$846,000
Tax Amount:
$13,739
Land Assessment:
$189,500
Build. Assessment:
$376,900
Total Assessment:
$566,400
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4057135
List Date:
10-06-2026
Days On Market:
1
Listing Broker:
RE/MAX INSTYLE
Listing Agent:
Alejandra Coscarelli
 

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RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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