$1,300,000

261-263 2nd Street, Elizabeth, NJ 07206

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.

Listing Status:
Active
Date Added:
May 27, 2025 at 05:00AM
Listing Office:
RE/MAX New Millennium Group : 908-282-1234
Listing Agent:
Joao Pereira : (908) 451-9230
MLS ID:
25018224
  • Roofing: Asphalt

This listing courtesy of Joao Pereira, RE/MAX New Millennium Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Benjamin Franklin School #13

248 Ripley Pl, Elizabethport, NJ, 07206

Grades PK-8

0.16 miles away

B

Benjamin Franklin School #13

248 Ripley Pl, Elizabethport, NJ, 07206

Grades PK-8

0.16 miles away

J

J. Christian Bollwage Finance Academy

447 Richmond St, Elizabeth, NJ, 07202

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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