136 Park Pl, Elizabeth City, NJ 07206
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$1,500,000
Est. payment /mo
3,750 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $400

MLS Listing ID 4035246

Year Built 1920

Annual Tax Amount $16,095

Tax Year 2025

Lot Size 7,405 Sqft

Property Description

Here's an MLS-style marketing description you can use and adjust once you have the exact unit mix and rents:Excellent investment opportunity in the heart of Elizabeth! This well-maintained 9-unit multifamily property sits on an oversized 75' x 100' lot and offers ample on-site parking, a rare feature for the area.The building features separate utilities for each unit, including individual boilers, providing efficient management and reduced owner expenses. Ideal for investors seeking strong cash flow and long-term appreciation potential.Conveniently located near major highways, public transportation, shopping, schools, Newark Liberty International Airport, and downtown Elizabeth. Large lot size may offer future development or expansion potential; buyers should conduct their own due diligence.Don't miss this opportunity to acquire a sizable income-producing asset in one of Union County's most active rental markets.For a more aggressive investor-focused version, I can also write one emphasizing **cap rate, cash flow, and value-add potential**.

Location

State NJ

County Union

Zoning r-3a

Interior

Heating Electric, Gas-Natural

Cooling No Cool

Equipment Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Concrete

Utilities Available Gas-Natural

Roof Type Built-Up

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by UNITED REAL ESTATE

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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136 Park Pl