$950,000
$950,000
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4 Baths
3,885 SqFt
SOLD DATE : 11/05/2025
Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,885 sqft
Price per Sqft $244
MLS Listing ID 2514132R
Sold Date 11/05/25
Full Baths 4
Year Built 1909
Annual Tax Amount $19,455
Tax Year 2024
Lot Size 2,500 Sqft
Acres 0.0574
Lot Dimensions 100.00 x 0.00
Property Sub-Type Investment
Source CJMLS API
Property Description
Prime Mixed-Use 4-Unit Property for Sale Central Elizabeth, NJ. Discover an exceptional investment opportunity with this fully renovated mixed-use 4-unit property, centrally located in the heart of Elizabeth, NJ. Perfectly blending commercial and residential income potential, this well-maintained property was updated in 2022 and is ready for its next owner. Don't miss out on this income-producing gem in a high-demand area! Commercial Unit (Ground Floor): A thriving grocery store with strong visibility, ideal for continued operation or new business ventures. Residential Units: Two 3-Bedroom Units: Spacious apartments, each featuring 3 bedrooms, 1 full bathroom, a modern kitchen, and a comfortable living room. Perfect for maximizing rental income. One 1-Bedroom Unit: Located behind the grocery store, this unit will be delivered vacant at closing, offering flexibility for owner occupancy or immediate leasing. Centrally located in vibrant Elizabeth, NJ, with easy access to public transportation, shopping, dining, and major highways, making it highly desirable for both commercial and residential tenants. Perfect for investors seeking a turnkey property with immediate cash flow. Seize this incredible investment opportunity! Seller is looking for a quick closing.
Location
State NJ
County Union
Zoning R-2
Interior
Heating Baseboard, Radiant, Forced Air
Cooling Ceiling Fan(s), A/C Central - Some, Window Unit(s)
Flooring Tile, Wood
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Connected, Gas In Street, Separate Utilities
Roof Type Flat
Total Parking Spaces 2
Building
Lot Description Corner Lot, Residential Area, See Remarks
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 0400557000000012
Energy Description Natural Gas
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