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Additional details
$ 1,500,000
Est. payment /mo
New
265-267 2nd St Elizabeth City, NJ 07206
4,994 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,994 sqft
Price per Sqft $300
Subdivision Elizabeth Port
MLS Listing ID 3975896
Annual Tax Amount $23,232
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Mixed Use
Property Description
Investment opportunity in one of Elizabeth's fastest-growing neighborhoods. Featuring four residential apartments and two street-level commercial spaces, this property combines reliable rental income with long-term upside in a revitalizing area near the waterfront and major transit lines. Four 2-bedroom, 1-bath residential units all leased, with two recently renovated. Two commercial storefronts: One fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. Exclusive driveway and plenty of on-site parking, a rare find in the area. Separate entrances for residential and commercial tenants. Whether you're an investor seeking a cash-flowing asset or a business owner looking to operate in a high-foot-traffic area with built-in rental income, this property delivers. Surrounded by ongoing redevelopment and just minutes from the Elizabethport waterfront, this is a rare chance to stake your claim in a rising market.
Location
State NJ
County Union
Zoning R-3A
Rooms
Basement Full, 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
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX NEW MILLENNIUM GROUP