32 Cedar Ave , Elizabeth City, Union 07202-2406

Welcome to this exceptional investment opportunity. This versatile property was fully renovated in 2024 and features a fresh interior throughout. The layout is thoughtfully designed with 5 spacious bedrooms, 2 full kitchens, and 3 separate living rooms, creating three fully self contained units.The primary unit offers 3 bedrooms, providing a perfect residence for an owner occupant while the two additional units generate significant supplemental income. The property is currently operating as 3 active Airbnb spaces with a proven track record of short term rental success. Outside, you will find a private driveway and a backyard designed for entertaining, which are rare features in this competitive market.Investors will appreciate the low property taxes of only $7,900 per year, a factor that significantly maximizes net returns.The location offers unmatched convenience for commuters and travelers alike. Residents enjoy immediate access to NYC bound buses and NJ Transit trains, making it a true car free destination. The property is minutes from Newark Liberty International Airport and provides direct access to Routes 1/9, the NJ Turnpike, and the Garden State Parkway. Its proximity to the Prudential Center and MetLife Stadium ensures high desirability in Union County’s largest city.