216 Inslee Pl 2,Elizabeth City, NJ 07206
Elizabeth City, NJ 07206
Description
Great opportunity to own a well-maintained 2-family home in Elizabeth! ]NHERIT A 2.250% INTEREST RATE! Why pay today's high market rates when you can step right into the ultimate financing advantage? This property features a legally assumable FHA mortgage with an incredible 2.250% fixed interest rate. Offered at $674,900, buyers utilizing an FHA loan assumption coupled with a concurrent second mortgage can achieve an exceptional estimated blended interest rate of just 4.636%. This creative financing structure delivers jaw-dropping savings of roughly $1,000 every single month compared to a traditional standalone 30-year fixed loan-keeping thousands of dollars a year in your pocket!The roof was replaced in 2024. The first-floor apartment has been remodeled and features an updated kitchen, renovated bathroom, fresh paint, 2 bedrooms, a living room, and a dining room. The second unit spans two levels and offers a spacious layout with 5 bedrooms, a full bathroom, a living room, and a dining room. The finished basement includes a full bathroom with a stand-up shower, laundry hookups, a family room, and an additional bonus room. Enjoy the rear deck and backyard. Property is being sold AS IS.
Details
| MLS # | 4040509 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 60 |
| Listing Provided By | BROOKMAN REALTY | JEFFREY BROOKMAN |
Features
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
| Zoning | Residential |
Taxes
| Property | 8901 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07206 |
| Area | Union |
| Listing VS Median (in 07206) | |
Price: $674,900 low | high Med: $73,950 On site: 60 low | high Med: 116.5 | |
Market Activity 07206
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Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07206 |
| Area | Union |
| Listing VS Median (in 07206) | |
Price: $674,900 low | high Med: $73,950 On site: 60 low | high Med: 116.5 | |
