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$ 950,000
Est. payment /mo
Price Dropped by $40K
433 Elizabeth Ave Elizabeth City, NJ 07206
2,613 Sqft Lot
UPDATED:
02/10/2025 12:16 PM
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3930673
Year Built 2016
Annual Tax Amount $15,039
Tax Year 2023
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
Discover 433 Elizabeth Ave, a versatile mixed-use building perfect for investors. Situated on a busy main road, this property features a 2,000 sqft storefront with a lease expiring in February 2025, ideal for various business opportunities. The second floor offers a spacious 4-bedroom, 2-bathroom unit, leased until December 2025, while the third floor includes a cozy 2-bedroom, 1-bathroom unit on a month-to-month lease. All units both residential and commercial are currently rented below market value, presenting significant potential for increased income. Each residential unit boasts a private entrance, ensuring comfort and privacy. Conveniently located just minutes from shops, restaurants, and public transportation, this property is an excellent investment opportunity!
Location
State NJ
County Union
Zoning R-3A
Rooms
Basement Slab, Unfinished
Interior
Heating Gas-Natural
Cooling 3 Units
Equipment Fire Alarm, Restrooms - Private, Smoke Detector, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Concrete
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by WEICHERT REALTORS