For Multi Family

442 Elizabeth Ave,Elizabeth City, NJ 07206-1103

January 1, 2026

This property is perfect for both investors and homeowners looking to generate additional income. It features a mixed-use layout in a busy retail area. The first floor includes a restaurant that provides a substantial income. The second floor consists of a spacious two-bedroom apartment, while the third floor has a comfortable one-bedroom unit. Recent upgrades include newly installed boilers.

Property ID:PT-22938432-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 799,999 $

Bedrooms:3

Year Built:1910

Listing Details

Status: Active

Location

County: Union

Lotsize: 25X156 98

Lot Identifier: 10

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Unfinished

Acreage: 0.09

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 7

Easement/Desc: Unknown

Exterior Description: ConcBrd

Roof Description: Asphalt Shingle

Possesion: at closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector

Unit 1 Levels: 1

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: Yes

Unit 1 SqFt: 1350

Unit 1 Rent: 2500

Unit 2 Appliances/Equipment: Carbon Monoxide Detector

Unit 2 Levels: 2

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 1219

Unit 2 Rent: 9999

Unit 3 Appliances/Equipment: Carbon Monoxide Detector

Unit 3 Levels: 3

Unit 3 Beds: 1

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 914

Unit 3 Rent: 1200

Block Identifier: 681

County Number: 29

Town Number: 2904

YB/Desc: 1910 - Approximate

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 681

County Number: 29

Town Number: 2904

Possession: at closing

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Baseboard - Hotwater

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 2904-00681-0000-00010-0000-

Tax Amount: $10,543.00

Tax Year: 2024

Tax Rate: 1.924%

Tax Rate Year: 2025

Land Assessment: $265,500.00

Building Assessment: $255,400.00

Total Assessment: $520,900.00

FHA Age Restricted: No

Other

Zoning: C-2

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Listing Details

442 Elizabeth Ave,Elizabeth City, NJ 07206-1103

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