Skip To Content

848 2nd Ave

Elizabeth City, NJ 07202
  • $1,499,900
  • STATUS: Active Under Contract
  • ON SITE: 64 Days
  • ID#: 3917530
Under Contract
$1,499,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,999
    SQFT
  • $150
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

Description

Welcome to this versatile mixed-use property with one (1) apartment on top of commercial property along with a 1 family home on the same lot. Ideally situated near a major highway and Newark Airport, perfect for both residential and commercial needs.This property is an excellent investment opportunity, combining the benefits of residential comfort with commercial potential in a prime location.

Monthly Payment Calculator



Garden State MLS logo © 2024 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 2024-10-09T23:46:30.087.
www.rowackrealestateteam.com/homes/153384825
Print Image

848 2nd Ave Elizabeth City, NJ 07202

  • Price: $1,499,900
  • Status: Active Under Contract
  • On Site: 64 Days
  • ID#: 3917530
0
Beds
0
Baths
0
½ Baths
0.12
Acres
9,999
SQFT
$150
$/SQFT
County:
Union
Area:
Elizabeth City
Property Description
Welcome to this versatile mixed-use property with one (1) apartment on top of commercial property along with a 1 family home on the same lot. Ideally situated near a major highway and Newark Airport, perfect for both residential and commercial needs.This property is an excellent investment opportunity, combining the benefits of residential comfort with commercial potential in a prime location.
Exterior Features

Approximate Lot Size 50X105 Construction Brick/BlockWood Exterior Description AluminumVinyl Location Business District Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinishedWalkout Cooling 3 Units Equipment Available AppliancesExhaust SystemFire AlarmMachineryRefrigeration UnitSign - BuildingSmoke DetectorSprinkler System Floors TileVinyl-LinoleumWood Heating 3 Units Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 3 Office Sq Ft 9999

Property Features

Available Immediately Expenses Include Insurance For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 130800 Lease Includes Water Lease Type Gross Net Operating Income 106000 Owner Pays SewerWater Primary Property Type MixedUse Property Type Apartment ComplexMixed Use Sale Includes Building Only Sewer Public Sewer Suite Number 9999 Tax Amount 16776 Tax Rate Amount 33.420 Tax Rate Year 2023 Tax Year 2023 Tenant Pays ElectricHeatHot WaterMaintenance-Common Area Total Operating Expense 24800 Utilities All Underground Utilities Paid By Tenant Water Public Water Year Built Description Unknown Zoning Residential

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Bhgre Elite: 908-316-8530.


Garden State MLS logo © 2024 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 2024-10-09T23:46:30.087.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3917530-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3917530-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3917530-2.jpg
Logo
eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042