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    113 2Nd St Elizabeth, NJ 07206

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    For Sale
    $780,000

    Renovated multi-level property, ideal for first-time buyers or investors.

    Lot size:
    0.06 Acres

    Property Features for 113 2Nd St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1960

    Source: THE ARENDEL GROUP LLC Agent LUZ IRENE TANGARIFE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Level Property Near Highways

    The multi-level property at 113 Second St is suitable for first-time buyers or investors seeking a solid return. The house has been recently renovated for living or renting. The finished basement and attic add to the property's appeal. Its location provides convenient access to Newark Airport Garden Mall and major highways, including the New Jersey Turnpike and Routes 1 & 9.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.1889444
    Latitude
    40.6502201

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    FAQs

    What type of property is this?
    Multifamily property - Renovated multi-level property, ideal for first-time buyers or investors.
    Where is this multifamily property located?
    The property is located at 113 2Nd St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: - Recently renovated, suitable for living or renting.; - Ideal location near Newark Airport, Garden Mall, NJ Turnpike, and Routes 1 & 9.; - Suitable for first-time buyers or investors.
    (908) 329-2672
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    113 2Nd St Elizabeth, NJ 07206
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    Elizabeth, NJ 07206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 2Nd St Elizabeth, NJ 07206
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