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Eric Hotaling
erichotaling@kw.com$ 1,300,000
Est. payment | /mo
4,014 SqFt
$ 1,300,000
Est. payment | /mo
4,014 SqFt
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,014 sqft
Price per Sqft $323
MLS Listing ID 4044936
Year Built 1905
Annual Tax Amount $15,946
Tax Year 2025
Lot Size 1,742 Sqft
Property Sub-Type Mixed Use
Property Description
Calling all investors! don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation.Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and commercial tenants value. Combining strong cash flow, a prime location, and a fully occupied mixed-use configuration, this is a standout investment opportunity for any portfolio. Opportunities like this don't come around often don't wait on this one!
Location
State NJ
County Union
Zoning Commercial
Rooms
Basement Storage, Walkout
Interior
Heating Gas-Natural
Cooling Central Air, See Remarks, Window A/C(s)
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available All Underground
Roof Type Asphalt Shingle, See Remarks
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS REALTY