Fully renovated A-Z in 2023, this turnkey six-unit building at 167-169 Smith St features comprehensive structural and systems upgrades completed to code, including new framing, plumbing, electrical, roofing, siding, structural reinforcement, a brand-new sewer line, a full French drain system, and increased building height for enhanced interior space. Each of the six units offers a 2-bedroom, 1-bath layout approximately @800 sqft, ceiling heights over 8 ft, an intercom system, and two units (1R and 2L) include private street-level entrances. The property is equipped with six individual Navien combination boiler systems one per apartment providing heat and hot water with efficient, tenant-paid utility separation. Building operations are simple with no service contracts, no superintendent, one water meter, gas baseboard heat, and separate gas and electric meters for each unit. Located directly across from a shopping center and just minutes from Newark Airport (EWR), major highways, NJ Transit Elizabeth bus routes, and NJ Transit Elizabeth train station, this asset offers exceptional commuter convenience and strong rental demand.
