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261 2nd St

Elizabeth City, NJ 07206
  • $999,000
  • STATUS: Active
  • ON SITE: 191 Days
  • ID#: 3965540
UPDATED: 40 min ago
$999,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,425
    SQFT
  • $155
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

Description

Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-06T08:48:47.253.
www.rowackrealestateteam.com/homes/164278672
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261 2nd St Elizabeth City, NJ 07206

  • Price: $999,000
  • Status: Active
  • On Site: 191 Days
  • Updated: 40 min ago
  • ID#: 3965540
0
Beds
0
Baths
0
½ Baths
0.12
Acres
6,425
SQFT
$155
$/SQFT
County:
Union
Area:
Elizabeth City
Property Description
Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.
Exterior Features

Approximate Lot Size 50X100 Available Parking Spaces 0 Construction See Remarks Exterior Description See Remarks Location Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description Flat

Interior Features

Basement Yes Basement Description Full Cooling No Cool Equipment Available FixturesKitchen AreaRestrooms - Private Heating 1 UnitRadiators - Steam Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 4 Office Sq Ft 0

Property Features

Available Immediately Expenses Include InsuranceTaxes For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 6900 Lease Includes Building InsuranceTaxes Owner Pays No Utilities Permitted Use Mixed Use Primary Property Type MixedUse Property Type Mixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 261 Tax Amount 16640 Tax Rate Amount 1.924 Tax Rate Year 2024 Tax Year 2024 Tenant Pays ElectricGasWater Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning Comm/Res

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max New Millennium Group: 908-282-1234.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-06T08:48:47.253.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042