149 Elmora Ave
Elizabeth City, NJ 07202
Price: $1,499,000
GSMLS: 4056978Type: Multi-Family
Style: See Remarks, Under/Over
Total Units: 4
Beds: 7
Baths: 4 Full & 2 Half
Garage: No
Year Built: 1925
Acres: 0.00
Property Tax: $14,972
Description
Prime mixed-use investment opportunity in the heart of Elizabeth! Located directly on vibrant Elmora Avenue, this income-producing property features 5 units total: 3 residential apartments plus 2 commercial spaces and is currently generating over $10,000 per month in gross rental income. All tenants are on month-to-month agreements, providing flexibility for the new owner.Surrounded by restaurants, banks, supermarkets, laundromats, shops, and established businesses, the property offers excellent visibility and convenience. Ideally located near Newark Liberty International Airport, major highways, and public transportation, approximately 30 minutes from Manhattan.Perfect for an investor looking to expand a portfolio or an owner-user seeking to operate a business while generating income from the remaining units. Strong cash flow, multiple income streams, excellent location, and tremendous long-term potential make 149 Elmora Ave a rare investment opportunity in Elizabeth.
General Info
Style:
See Remarks, Under/Over
SqFt Building:
n/a
Total Rooms:
26
Basement:
Yes - Full
Interior:
Carbon Monoxide Detector, See Remarks, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Composition Shingle
Lot Size:
30X200 IRR
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
Garage Parking
Parking:
2 Car Width
Spaces Available:
7
Unit 1
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
3
Room Description:
See Remarks, Storage, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System
Utilities:
Owner Pays Electric, Owner Pays Heat, Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
3
Room Description:
See Remarks, Storage, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System
Utilities:
Owner Pays Electric, Owner Pays Heat, Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Family Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
4
Bathrooms:
1
Total Rooms:
9
Room Description:
Bedrooms, Dining Room, Family Room, Master Bedroom
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Tenant Pays Electric
Handicap:
No
Utilities
Heating:
4+ Units, Radiant - Hot Water, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Available, See Remarks
Utilities:
Gas-Natural
Services:
Cable TV, Fiber Optic, Garbage Extra Charge
School Information
Elementary:
Elmora
Middle:
Elmora
High School:
Elmora
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,499,000
Tax Amount:
$14,972
Land Assessment:
$305,500
Build. Assessment:
$436,800
Total Assessment:
$742,300
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4056978
List Date:
10-05-2026
Days On Market:
1
Listing Broker:
RE/MAX SELECT
Listing Agent:
Richard Brito Benjamin
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com
