NJ > Elizabeth City > Peterstown
Elizabeth City, NJ 07202,614 12 4Th Ave
Elizabeth City, NJ 07202,614 12 4Th Ave
Elizabeth City, NJ 07202,614 12 4Th Ave
Elizabeth City, NJ 07202,614 12 4Th Ave
Elizabeth City, NJ 07202,614 12 4Th Ave
Elizabeth City, NJ 07202,614 12 4Th Ave
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Joel Velis

Joel Velis

+1(718) 964-3418
$ 629,900
Est. payment | /mo

4 Beds

3 Baths

19,998 SqFt

Save
$ 629,900
Est. payment | /mo
Save

4 Beds

3 Baths

19,998 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $31

Subdivision Peterstown

MLS Listing ID 4004287

Style 2-Two Story

Bedrooms 4

Full Baths 3

Year Built 1900

Annual Tax Amount $7,145

Tax Year 2024

Lot Size 1,306 Sqft

Property Description

Check out this amazing income-generating multifamily home! Why pay a mortgage when your house can pay it for you? Welcome to 614 1/2 Fourth Ave, a rare and versatile multi-family opportunity tucked away in one of Elizabeth's most convenient pockets - Peterstown. Whether you are looking to "house-hack" by living in one unit and renting the other, or you're an investor looking for a turn-key addition to your portfolio, this property delivers on every level. Two Modern Units: Bright, airy, and updated apartments featuring open layouts, contemporary kitchens with quartz counters, and stylish flooring. Bonus Value: The fully finished basement is a total game-changer! Perfect for a home office, recreation room, or massive storage area, adding significant usable square footage to the property. Separate Utilities: Ease of management with separate meters, making this a low-stress investment. All with an incredibly low property tax! Commuter's Dream: Located just minutes from the Elizabeth Train Station (Direct to NYC) and Newark Liberty International Airport. High Rental Demand: Situated near major employers, local hospitals, and the Jersey Gardens shopping hub. INVESTOR ALERT: This isn't just a home; it's a strategic asset. With a finished basement and two renovated units, the rental upside here is massive for the Elizabeth market. Don't wait for the "Sold" sign. Multi-family homes of this caliber with the added bonus of a finished basement are a rare find in today's market.

Location

State NJ

County Union

Rooms

Basement Finished, Full, Walkout

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REAL
Joel Velis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(718) 964-3418

joel@movewithjoel.com

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614 12 4Th Ave