Legal 4-Family Investment Opportunity! Fully renovated and ready for immediate occupancy, this well-maintained property offers four spacious 2-bedroom, 1-bathroom units, providing an excellent opportunity for both investors and owner-occupants. Three of the four units are currently vacant, allowing a new owner to immediately lease them out and establish their own tenants. The vacant units are projected to rent for approximately $2,200 each, offering strong income potential. The entire property has been renovated, providing updated interiors and a turnkey setup for the next owner. With four legal units, multiple available apartments, and attractive rental potential, this property is an excellent addition to any investment portfolio. Conveniently located near transportation, shopping, dining, and everyday amenities. A great opportunity to acquire a renovated multi-family property with significant upside and immediate rental potential.
Multi-familyProperty Type
1900Year Built
3,920 sq ftLot Size
$258Price/Sq.Ft.
Listed by HIPOLITO TOURON• KELLER WILLIAMS VILLAGE SQUARE
Frog Hollow, located between Midtown Elizabeth and the Elizabeth River waterfront, is a residential and industrial Elizabeth neighborhood with a rail-lined edge and a working-streetscape feel. The neighborhood’s character concentrates around the busy junction of Spring Street and South Broad Street, where corner storefronts, auto shops, and takeout counters set a brisk, everyday rhythm. Housing reads as compact blocks of older two- and three-story homes mixed with small apartment buildings and light-commercial buildings. Streets funnel toward the river and rail corridors, giving the area a defined, utilitarian geography. Nearby green space and civic destinations shape daily routines without changing the neighborhood’s grounded tone.
Provided by Walk Score and Local Logic
Offer insights
33-35 Delaware St · $899,900
$943K and above
75% chance or better to win
Why $943K+ is a strong offer
DAYS ON MARKET
50 days
The average home goes pending in 33 days.
SALE-TO-LIST
100.6%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Carbon monoxide detectors in all four units
Unfinished basement
Bedrooms
Eight bedrooms total, with two in each unit
Bathrooms
Four full bathrooms total, with one in each unit
Heating & cooling
Electric baseboard heating
Natural gas heating fuel
Wall air-conditioning units
Home design
Fourplex
Parking
On-street parking
Construction
Approximate year built
Asphalt shingle roof
Utilities
Electricity
Natural gas
Public sewer
Public water
Financial info
Four units
Net operating income: 99
Gross operating income: 999
Total operating expenses: 999
Tenants pay electricity, gas, and heat in all four units
Electricity and solar
View estimated energy costs and solar savings for this home
Legal 4-Family Investment Opportunity! Fully renovated and ready for immediate occupancy, this well-maintained property offers four spacious 2-bedroom, 1-bathroom units, providing an excellent opportunity for both investors and owner-occupants. Three of the four units are currently vacant, allowing a new owner to immediately lease them out and establish their own tenants. The entire property has been renovated, providing updated interiors and a turnkey setup for the next owner. With four legal units, multiple available apartments, and attractive rental potential, this property is an excellent addition to any investment portfolio. Conveniently located near transportation, shopping, dining, and everyday amenities. A great opportunity to acquire a renovated multi-family property with significant upside and immediate rental potential.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Union County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on Mar 16, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Elizabeth, NJ • 07206-1547
Average low and high temperatures (°F)
36
24
39
27
56
38
64
46
72
55
83
66
87
71
82
65
78
63
68
51
56
41
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 33-35 Delaware St
We cannot show automated home-value estimates for this home.
This home is pending
The seller has accepted an offer, and this property is now pending.