Bought with Outside Agent Outside Office
$677,000
$648,900
4.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
SOLD DATE : 02/17/2025
Key Details
Sold Price $677,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24038175
Sold Date 02/17/25
Style 2 Family
Full Baths 4
Property Sub-Type 2 Family
Property Description
Modern Luxury and Investment Opportunity 11 Elmwood Terrace, Irvington Located on the Maplewood border, this fully vacant, newly renovated 2-family home offers modern upgrades and outstanding investment potential. Recent renovations include new siding, a roof, hot water heaters, boiler, and a 2-unit HVAC system. Unit 1: 3 bedrooms, 2 full baths, including an ensuite master. Features a brand-new kitchen with stainless steel appliances, tiled bathrooms, washer/dryer hookups, and a private deck. Unit 2: 4 bedrooms, 2 full baths across two floors. Includes a modern kitchen, tiled bathrooms, washer/dryer hookups, and a private deck. Both units share a spacious backyard and driveway for added convenience. Irvington's ongoing property revaluation (set to complete in 2025) is expected to lower the tax rate to approximately 3%, potentially reducing taxes from approximately $19,980 to approximately $16,000. A 5-year tax abatement could further lower taxes to approximately $15,000a year.
Location
State NJ
County Essex
Interior
Laundry Hook Ups
Read Less Info
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