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Investment opportunity in one of Elizabeth's fastest-growing neighborhoods. Featuring four residential apartments and two street-level commercial spaces, this property combines reliable rental income with long-term upside in a revitalizing area near the waterfront and major transit lines. Four 2-bedroom, 1-bath residential units all leased, with two recently renovated. Two commercial storefronts: One fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. Exclusive driveway and plenty of on-site parking, a rare find in the area. Separate entrances for residential and commercial tenants. Whether you're an investor seeking a cash-flowing asset or a business owner looking to operate in a high-foot-traffic area with built-in rental income, this property delivers. Surrounded by ongoing redevelopment and just minutes from the Elizabethport waterfront, this is a rare chance to stake your claim in a rising market.
DAYS ON MARKET | 1 | LAST UPDATED | 7/17/2025 |
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TRACT | Elizabeth Port | YEAR BUILT | 0 |
COMMUNITY | Elizabeth | COUNTY | Union |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Elizabeth |
BASEMENT | Full, Unfinished, Yes |
CONSTRUCTION | Brick |
HEAT | Electric, Natural Gas |
LOT | 5227 sq ft |
LOT DESCRIPTION | Corner Lot |
SEWER | Public Sewer |
STORIES | 3 |
SUBDIVISION | Elizabeth Port |
TAXES | 23232 |
UTILITIES | Natural Gas Available |
WATER | Public |
ZONING | R-3A |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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Listed with RE/MAX NEW MILLENNIUM GROUP
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