32 Cedar Ave, Elizabeth, NJ, 07202

About This Home

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.Theprimary 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 drivewayand a backyard designed for entertaining, which are rare features in this competitive market.Investors will appreciate the low property taxes of only $7,900 peryear, a factor that significantly maximizes net returns.The location offers unmatched convenience for commuters and travelers alike. Residents enjoyimmediate access to NYC bound buses and NJ Transit trains, making it a true car free destination. The property is minutes from Newark Liberty InternationalAirport 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.