Listing Details

261 Elizabeth Ave,Elizabeth City, NJ 07206-1634

  • April 3, 2026

Description

Exceptional mixed-use opportunity in the highly desirable Marina section of Elizabeth. This well-positioned property features a spacious commercial storefront of approximately 1,600 sq ft, offering excellent visibility and foot traffic. Retail space can serve multi purpose perfect for owner use. The residential units are generously sized, each offering 4 bedrooms, a bright living room, and an eat-in kitchen perfect for comfortable living or strong rental income potential. Sold fully furnished, this turnkey property is ready to generate immediate rental revenue. Conveniently located just minutes from Newark Liberty International Airport and with easy access to major highways, providing a seamless commute to New York City and surrounding areas.A rare opportunity to own a versatile, income-producing property in a prime location.

Details

Last Updated On: April 3rd, 2026 at 4:15 pm
Property ID:PT-34902569-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 1,199,900 $
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 50X65
Lot Description: Corner
Property Type: Mixed Use, Store With Apartment
Lot Identifier: 38

Home Details

Location: Business District, Corner
Acreage: 0.07
Sale Includes: Equipment, Inventory
Renovated: 2024
Construction: Metal Frame
Exterior Description: Aluminum
Roof Description: Asphalt Shingle
Number of Garage Spaces: 6
Number of Units: 3
Number of Lavatories: 3
Floors: Tile, Vinyl-Linoleum
Available Parking Spaces: 6
Color of Building: White
Parking Desc: 1 Car Width, Additional Parking, Blacktop, Driveway-Exclusive
Easement/Desc: No
Basmnt/Desc: Yes - Full, Storage, Walkout
YB/Desc: 9999 - Renovated, Unknown
Block Identifier: 785
County Number: 29
Town Number: 2904
Possession: at closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Ownership: Fee Simple
Tax ID For Property: 2904-00785-0000-00038-0000-
Tax Amount: $16,115.00
Tax Year: 2025
Tax Rate: 2.017%
Tax Rate Year: 2025
Land Assessment: $290,500.00
Building Assessment: $508,500.00
Total Assessment: $799,000.00

Utilities

Equipment Available: Restrooms - Private, Sign - Building, Smoke Detector
Heat Source: Gas-Natural
Heat System: 3 Units
Cool System: 3 Units, Central Air
Water: Public Water
Sewer: Public Available
Utilities: Gas-Natural
Services: Cable TV Available

Other

Zoning: Mixed-Use

Statistics

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