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1112 Virginia St

Elizabeth City, NJ 07201
  • $999,999
  • STATUS: Active Under Contract
  • ON SITE: 26 Days
  • ID#: 4053787
Under Contract
$999,999
  • 9
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $333
    $/SQFT
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Description

Excellent investment opportunity in Elizabeth! Welcome to 1112 Virginia Street, a well-positioned multi-family property offering strong income potential in a convenient location. This property is ideal for investors looking to add a solid income-producing asset to their portfolio. Featuring multiple residential units with functional layouts, spacious living areas, and excellent rental potential, the property provides an attractive opportunity in one of Union County's active rental markets.Conveniently located near major highways, public transportation, shopping, restaurants, schools, and everyday necessities, with easy access to Newark, Newark Liberty International Airport, and New York City. The location makes commuting and daily travel convenient for tenants while helping support long-term rental demand.Whether you're expanding an existing portfolio or looking for your next multi-family investment, 1112 Virginia Street offers a combination of location, income potential, and future upside that is difficult to overlook. Don't miss this opportunity to own an investment property in Elizabeth!

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-14T23:49:33.06.
www.daunnorealty.com/homes/181357390
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1112 Virginia St Elizabeth City, NJ 07201

  • Price: $999,999
  • Status: Active Under Contract
  • On Site: 26 Days
  • ID#: 4053787
9
Beds
4
Baths
0
½ Baths
0.13
Acres
3,000
SQFT
$333
$/SQFT
1915
Built
County:
Union
Area:
Elizabeth City
Property Description
Excellent investment opportunity in Elizabeth! Welcome to 1112 Virginia Street, a well-positioned multi-family property offering strong income potential in a convenient location. This property is ideal for investors looking to add a solid income-producing asset to their portfolio. Featuring multiple residential units with functional layouts, spacious living areas, and excellent rental potential, the property provides an attractive opportunity in one of Union County's active rental markets.Conveniently located near major highways, public transportation, shopping, restaurants, schools, and everyday necessities, with easy access to Newark, Newark Liberty International Airport, and New York City. The location makes commuting and daily travel convenient for tenants while helping support long-term rental demand.Whether you're expanding an existing portfolio or looking for your next multi-family investment, 1112 Virginia Street offers a combination of location, income potential, and future upside that is difficult to overlook. Don't miss this opportunity to own an investment property in Elizabeth!
Exterior Features

Approximate Lot Size 33.33X100 Exterior Description BrickVinyl Siding Garage Description Additional 1/2 Car GarageDetached Garage Number Of Parking Spaces 2 Parking Driveway Description 1 Car WidthConcrete Strip Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling Window A/C(s) Heating 3 UnitsBaseboard - Hotwater Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomFamily RoomKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 2100 Unit1 Sq Ft 1 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomFamily RoomKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 2 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsDining RoomFamily RoomKitchenLiving Room Unit3 Rooms 5 Unit3 Sq Ft 3

Property Features

Assessment Total 716200 Building Assessment 526700 Easement No Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 89772 Home Warranty No Land Assessment 189500 Net Operating Income 71572 Renovated Year 2021 Sewer Public Sewer Tax Amount 14445 Tax Rate Amount 2.017 Tax Rate Year 2026 Tax Year 2025 Total Operating Expense 18200 Unit Style 3-Three Story Unit1 Lease Expiration 2027-02-28 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1857 Unit2 Handicap Modified No Unit2 Lease Expiration 2027-03-15 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2015 Unit2 Security Deposit 2850 Unit3 Handicap Modified No Unit3 Lease Expiration 2027-02-28 Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1909 Unit3 Security Deposit 2250 Utilities All UndergroundElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Elite Realtors Of New Jersey: 9088032929.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-14T23:49:33.06.
 
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206 Westfield Avenue
Clark NJ, 07066