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$ 1,300,000
Est. payment /mo
Active
261 2nd St Elizabeth City, NJ 07206
6,425 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,425 sqft
Price per Sqft $202
MLS Listing ID 3965540
Annual Tax Amount $16,640
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Mixed Use
Property Description
Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.
Location
State NJ
County Union
Zoning Comm/Res
Rooms
Basement Full
Interior
Heating Electric, Gas-Natural
Cooling No Cool
Equipment Fixtures, Kitchen Area, Restrooms - Private
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX NEW MILLENNIUM GROUP