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$ 1,350,000
Est. payment /mo
Active
265-267 2nd Elizabeth City, NJ 07206
5,974 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,974 sqft
Price per Sqft $225
Subdivision Elizabeth Port
MLS Listing ID 4003164
Year Built 1940
Annual Tax Amount $23,232
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Mixed Use
Property Description
Mixed-use investment opportunity in a rapidly improving Elizabeth neighborhood. Property features four residential apartments and two street-level commercial spaces near the waterfront and major transportation. Residential component includes four 2-bedroom, 1-bath units, all currently leased; two units recently renovated. Commercial component offers: One fully renovated restaurant leased at $3,500/month. Second storefront, formerly Praia da Rocha Fish Market, is now vacant and ready for renovation to suit the next business. Property includes an exclusive driveway with on-site parking, separate residential and commercial entrances, and strong long-term upside supported by surrounding redevelopment and proximity to the Elizabethport waterfront.
Location
State NJ
County Union
Zoning R-3A
Rooms
Basement Unfinished
Interior
Heating Electric, Gas-Natural
Cooling Window A/C(s)
Equipment Refrigeration Unit, Restrooms - Private
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick/Block
Garage Spaces 4.0
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Lot Description Corner
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX NEW MILLENNIUM GROUP