265-267 2nd St new Save Request In-Person Tour Request Virtual Tour
Elizabeth City,NJ 07206
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