1029 Elizabeth Ave, Elizabeth City, NJ 07201
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$1,175,000
Est. payment /mo
5,074 SqFt
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Key Details

Property Type Commercial

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 5,074 sqft

Price per Sqft $231

MLS Listing ID 4040052

Year Built 1920

Annual Tax Amount $15,404

Tax Year 2025

Lot Size 8.360 Acres

Property Description

Don't miss this fully occupied 4-unit mixed-use office/retail building located on busy Elizabeth Avenue in the heart of Elizabeth's thriving commercial corridor. This income-producing property features approximately 5,074 square feet of rentable space offering immediate cash flow with all four units currently leased on month-to-month agreements. The property includes separate utilities, natural gas heat, public water and sewer, and fire alarm equipment. Prime location offers outstanding visibility and convenient access to Route 1, surrounded by established businesses and residential neighborhoods.The sale is contingent upon the Seller?s successful completion of a Section 1031 Exchange. The Seller must identify and secure the purchase of a replacement investment property. The Buyer agrees to cooperate with the Seller?s 1031 Exchange at no additional cost or liability to the Buyer

Location

State NJ

County Union

Zoning Commercial

Interior

Heating Gas-Natural

Cooling 4+ Units

Equipment Fire Alarm

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas In Street

Roof Type Flat

Building

Story 4

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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1029 Elizabeth Ave