Elizabeth City, NJ 07206,265-267 2nd  St
Elizabeth City, NJ 07206,265-267 2nd  St
Elizabeth City, NJ 07206,265-267 2nd  St
Elizabeth City, NJ 07206,265-267 2nd  St
Elizabeth City, NJ 07206,265-267 2nd  St
Elizabeth City, NJ 07206,265-267 2nd  St
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$ 1,500,000
Est. payment | /mo

4,994 SqFt


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$ 1,500,000
Est. payment | /mo
Save

4,994 SqFt

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

Garden State MLS(GSMLS)
Listed by RE/MAX NEW MILLENNIUM GROUP

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