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… Read More 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 Read Less
Courtesy of COLDWELL BANKER REALTY.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Square Ft.
5,074
Lot Size
8.36 Acres
Year Built
1920
MLS Number
4040052
30 Days Snapshot Of 07201
$358k
-26%
(avg) sold price
3
+50%
homes sold
79
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1920
Cooling
4+ Units
Exterior Features
Brick/Block
Water Features
Public Water
Heating
Gas-Natural, 4+ Units
Lot
Approximate Lot Size: 43X118.27X4, 8.36 acres
Property
5,074 sqft building, 4 units
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Tax Amount: $15,404, Tax Rate: 2.017
Utilities
Electric, Gas In Street
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