For Multi Family

531 Elizabeth Ave,Elizabeth City, NJ 07206-1171

February 17, 2026

Introducing an exceptional investment opportunity in the heart of Elizabeth, NJ. This well-maintained mixed-use building sits proudly on one of the city’s main streets and features three beautiful, spacious apartments along with a high-visibility storefront perfect for retail or business use.

Property ID:PT-28652083-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 825,000 $

Bedrooms:10

Year Built:1900

Listing Details

Status: Active

Location

County: Union

Lotsize: 25X100

Lot Identifier: 51

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Unfinished

Acreage: 0.06

Total Baths: 4.00

Unit Style: 3-Three Story

Number of Units: 4

Rooms: 15

Easement/Desc: Unknown

Exterior Description: Brick

Roof Description: Flat

Possesion: At Closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 3

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: No

Unit 1 SqFt: 9999

Unit 1 Rent: 9999

Unit 1 Security Deposit: 9999

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 4

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: 9999

Unit 2 Rent: 9999

Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room

Unit 2 Security Deposit: 9999

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 3 Levels: 1

Unit 3 Rooms: 6

Unit 3 Beds: 4

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: 9999

Unit 3 Rent: 9999

Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 3 Security Deposit: 9999

Unit 4 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 4 Levels: 1

Unit 4 Rooms: 6

Unit 4 Beds: 4

Unit 4 Baths: 1.0

Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 4 Handicap: No

Unit 4 SqFt: 9999

Unit 4 Rent: 9999

Unit 4 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 4 Security Deposit: 9999

Block Identifier: 658

County Number: 29

Town Number: 2904

YB/Desc: 1900 - Approximate

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 658

County Number: 29

Town Number: 2904

Possession: At Closing

Taxes, Fees & Assessments

Gross Operating Income: 9999

Net Operating Income: 9999

Tax ID For Property: 2904-00658-0000-00051-0000-

Tax Amount: $24,065.00

Tax Year: 2024

Tax Rate: 1.924%

Tax Rate Year: 2025

Land Assessment: $142,500.00

Building Assessment: $1,046,500.00

Total Assessment: $1,189,000.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 4+ Units

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

531 Elizabeth Ave,Elizabeth City, NJ 07206-1171

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