$ 990,000
433 Elizabeth AVE Elizabeth, NJ 07206
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$ 990,000
Est. payment | /mo
4,828 SqFt
$ 990,000
Est. payment | /mo
4,828 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,828 sqft
Price per Sqft $205
MLS Listing ID 2506081R
Originating Board CJMLS API
Year Built 2016
Annual Tax Amount $15,039
Tax Year 2023
Lot Dimensions 25.00 x 100.00
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
Interior
Interior Features Appliances
Heating Zoned, Forced Air
Cooling Central Air
Flooring Ceramic Tile, Tile
Appliance Appliances
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Flat
Parking Type On Street
Building
Lot Description Business District
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 0400680000000041
Energy Description Natural Gas
Listed by WEICHERT CO REALTORS