$1,399,900
●
Multifamily -
For Sale
2061 Ellery Avenue
Fort Lee, NJ 07024
7 Beds
4 Baths
$7,817
Estimated Monthly
$0
HOA / Fees
31.34%
Cap Rate
About This Property
Rarely available legal mother-in- law or in-law suite style two
family house in quiet area of Fort Lee awaits investor seeking good
rental income after recent renovations. This property offers
versatile living space consisting of upper and lower units with
separate entrance to mother-in-law suite on ground. The upper unit
has two generous size bedrooms, kitchen, EIK and living room with
stacked washer and dryer. There is a large primary bedroom with a
large bathroom through the stairway from living room on top of the
house. Lower unit has two bedrooms, one full bathroom, living
room, kitchen, EIK, and can go down to in-law suite through spiral
staircase, where you can find another large size two bedrooms, one
full bathroom, living room, kitchen, and EIK area with separate
entrance on ground. Projected & estimated rental income for upper
unit approximately $3,800, lower unit $2,850 and mother-in-law
$3,000 total $9,650.
Unit Size
-
Days on Market
10 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$943
HOA Dues
-
Year Built
1920
Listed By
Last updated: 2 days ago (NJMLS #24012188)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 24, 2024 | Listed by Park Realty | $1,399,900 | |
Listed by Park Realty |
Property Highlights
Parking Details
None, Park Space
Interior Details
Bedroom Information
Bedrooms: 7
Bathroom Information
Bathrooms: 4
Room Information
Total Rooms: 14
Fireplace Information
None
Exterior Details
Property Information
View: East
Building Information
Year Built: 1900-1939
Financial Details
Tax: $11,314
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
7
Beds
5
Baths
-
$1,200,000
Feb 14, 2023
$1,200,000
Dec 5, 2023
$1,489/mo
Sold
Multifamily
6
Beds
6
Baths
-
$1,450,000
Nov 21, 2022
$1,450,000
Aug 7, 2023
$1,701/mo
Sold
Multifamily
6
Beds
7
Baths
-
$1,505,000
Feb 22, 2024
$1,505,000
Feb 22, 2024
$1,727/mo
Sold
Multifamily
6
Beds
8
Baths
-
$1,155,000
Nov 3, 2023
$1,155,000
Nov 3, 2023
$1,733/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|