$1,350,000
$150K PRICE DROP

Estimated payment $8,947/month

Total Views 5,279
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Investment opportunity in one of Elizabeth's fastest-growing neighborhoods. Featuring four residential apartments and two street-level commercial spaces, this property combines reliable rental income with long-term upside in a revitalizing area near the waterfront and major transit lines. Four 2-bedroom, 1-bath residential units all leased, with two recently renovated. Two commercial storefronts: One fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. Exclusive driveway and plenty of on-site parking, a rare find in the area. Separate entrances for residential and commercial tenants. Whether you're an investor seeking a cash-flowing asset or a business owner looking to operate in a high-foot-traffic area with built-in rental income, this property delivers. Surrounded by ongoing redevelopment and just minutes from the Elizabethport waterfront, this is a rare chance to stake your claim in a rising market.

Listing Agent

Joao Pereira

RE/MAX New Millennium Group Listed on: 07/17/2025

RE/MAX New Millennium Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23,232

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$23,232

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: 908-282-1234
  • MLS Status: Active - Active
  • Directions: Elizabeth Ave to Second St. Corner of 2nd and Clark
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Flat

Lot Info

  • Lot: 42

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Price Changed $1,350,000 -10.0% --
07/17/2025 07/17/25 For Sale $1,500,000 -- --
Source: New Jersey MLS

Source: New Jersey MLS

MLS Number: 25025334

New Jersey MLS