Excellent mixed-use investment opportunity in the heart of Elizabeth. This property features a first-floor commercial storefront plus two residential apartments on the second floor: one 2-bedroom unit and one 3-bedroom unit.The commercial space offers street-level visibility, making it ideal for a variety of professional or retail uses, subject to municipal… Read More approvals. The residential units provide strong rental potential, with practical layouts and comfortable living spaces.Located at 416 S 5th St, this property offers convenient access to local shops, transportation, major roadways, and nearby amenities. A great option for investors, owner-users, or buyers looking to combine business and rental income in one property.Buyer is responsible for all due diligence regarding permitted use, zoning, and municipal requirements. Read Less
Courtesy of COLDWELL BANKER LIBERTY.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Square Ft.
2,613
Lot Size
0.06 Acres
Year Built
1958
MLS Number
4029869
30 Days Snapshot Of 07206
$755k
+88%
(avg) sold price
1
0%
home sold
106
+47%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1958, Renovated in 2024
Cooling
1 Unit, Central Air, See Remarks
Expenses
Expenses: Taxes, Water/Sewer
Exterior Features
Brick/Block
Floors
Tile
Water Features
Public Water
Heating
Gas-Natural, 3 Units, Baseboard - Hotwater, Forced Hot Air
Lot
Approximate Lot Size: 25X100, 0.06 acres, Level Lot
Property
2,613 sqft building, 3 units
Roof
Rubberized
Sewer
Public Sewer
Taxes
Annual Tax Amount: $12,811, Tax Rate: 2.017
Utilities
All Underground
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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