Exceptional investment opportunity, this well-maintained 3-family property offers a total of 9 bedrooms, providing generous living space and strong income potential. Each unit features a functional layout with ample natural light, making it ideal for both investors and owner-occupants. Located in a convenient residential neighborhood, the property benefits from close proximity to public transportation, including NJ Transit bus and rail lines, offering easy access to Newark, New York City, and surrounding areas. Enjoy nearby parks, schools, shopping centers, and dining options, along with quick access to major highways such as the NJ Turnpike and Routes 1 & 9. Whether you're looking to expand your portfolio or live in one unit while renting the others, this versatile property delivers on both location and value. Property sold strictly AS IS.
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Around this home
Schools
K - 12
Preschool & daycare
Number 20, John Marshall Elementary School
Public K-8 • Assigned • 0.0mi
5/10
Elizabeth High School
Public 9-12 • Assigned • 1.1mi
8/10
Provided by GreatSchools
About The
Point
The Point, located between the Elizabeth River waterfront and Downtown Elizabeth, is a historic and waterfront Elizabeth neighborhood with a working-port edge and a tight grid of older streets. The neighborhood’s character concentrates around Elizabeth Avenue near Broad Street, where corner storefronts, takeout counters, and small service shops set a brisk, everyday rhythm. Architectural cues lean toward compact rowhouses and older multifamily buildings, with long sightlines toward the water and industrial piers. The waterfront backdrop shapes the soundscape and skyline, mixing cranes, bridges, and passing freight. Nearby civic anchors and transit corridors keep the area connected to the city’s larger cultural circuit.
Provided by Walk Score and Local Logic
Offer insights
504 Bond St · $760,000
$781K and above
75% chance or better to win
Why $781K+ is a strong offer
DAYS ON MARKET
74 days
The average home goes pending in 26 days.
SALE-TO-LIST
102.7%
Most homes are selling 3% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Tile floors
Walk-in closet
Gas water heater
Basement present (unfinished)
Bedrooms
Each unit has 3 bedrooms (Unit 1: 3; Unit 2: 3; Unit 3: 3)
Bathrooms
Three full bathrooms total
Each unit has 1 bathroom
Kitchen
Unit 1: Gas range/oven
Unit 2: Gas range/oven, refrigerator
Unit 3: Gas range/oven, refrigerator
Laundry & utility
Owner pays water; tenants pay electric, gas, and heat (per unit)
Flooring
Tile floors
Heating & cooling
Natural gas heating fuel
Wall A/C units
Heating details: see remarks
Exterior features
Aluminum siding
Composition shingle roof
No easements
Home design
Three-story building (3 units)
Parking
No driveway
No garage
Security
Carbon monoxide detectors and smoke detectors in each unit
Construction
Approximate year built
Utilities
Natural gas service
Public water
Public sewer
Financial info
Three-unit multifamily
Reported rents: Unit 1 $2,800; Unit 2 $1,260; Unit 3 $2,122
Net operating income: $0 (reported)
Gross operating income: $0 (reported)
Total operating expenses: $0 (reported)
Expenses: see remarks
Electricity and solar
View estimated energy costs and solar savings for this home