1131 Pt1133elizabeth Av

Elizabeth City, NJ 07201


 

Price: $850,000

GSMLS:  4002432
Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 6
Baths: 2 Full & 2 Half
Garage: No
Year Built: Unknown
Acres: 0.07
Property Tax: $16,570
Description
Looking For A Property That Checks The "location Visibility, And Income Potential" Boxes All At Once? This Mixed-use Building On Bustling Elizabeth Ave In Elizabeth, Nj Is Exactly That. With Two Storefronts On The First Floor And Two Apartments Upstairs, It's A Flexible Investment That Puts You Right In The Center Of Nonstop Foot And Vehicle Traffic. Yes, The Building Need Some Tlc, But The Big-ticket Items Are Already Handled Newer Roof, Nearly New Water Heaters. Separate Utilities (with The Exception Of The Heat Between The Stores) That Means You Can Focus On The Updates That Boost Value Instead Of The Costly Repairs No One Likes To Talk About. On The First Floor, You'll Find High-visibility Commercial Spaces Perfect For Retail, Service Businesses, Or Future Tenants With Big Ideas. Upstairs Are Two Residential Units, Both On Month To Month Leases, Giving Investors The Flexibility To Raise Rents, Renovate, Or Reposition Based On Their Strategy. If You're An Investor Looking For A Property With Strong Upside, Great Exposure, And Built-in Income From Day One-this Is The Opportunity. Repairs Done Btw 2022-2024 Heating, Water Heaters, Roofs, Electrical Circuits, And Other Cosmetics Repairs.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Unfinished, Walkout
Interior:
n/a
Roof:
Flat
Exterior:
Brick
Lot Size:
35.69X79.64
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
2
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
3
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, See Remarks, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, See Remarks, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
See Remarks
Heating Fuel:
See Remarks
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$850,000
Tax Amount:
$16,570
Land Assessment:
$253,000
Build. Assessment:
$579,700
Total Assessment:
$832,700
Tax Rate:
1.92
Tax Year:
2024
Listing Information
MLS ID:
4002432
List Date:
12-22-2025
Days On Market:
2
Listing Broker:
RE/MAX NEW MILLENNIUM GROUP
Listing Agent:
Jayce Lopez
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox