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Elizabeth City Multifamily Investment Opportunity
For Sale
$1,100,000

54 56 2nd St, Elizabeth, NJ 07206

Multifamily property in Elizabeth City, NJ for sale.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market165

Property Features for 54 56 2nd St

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,481

Building Details

Year Built 2025
Units 3
Listing Agency:
Listed By: CINTIA D URSO
Source: Elliman
Added: Mar 11 Changed: Aug 17 Last Checked: Aug 21 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CINTIA D URSO

Investment Insights

Based on property information with market context.

A multifamily property located in Elizabeth City, New Jersey, is available for sale. The property is identified by the address 54 56 2nd St, Elizabeth City, NJ 07206.

Key Highlights

  • Multifamily property for sale.
  • Located in Elizabeth City, NJ.
  • Year Built: 2025.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Catering Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in Elizabeth City, NJ for sale.
Where is this multifamily property located?
The property is located at 54 56 2nd St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Multifamily property for sale.; Located in Elizabeth City, NJ.; Year Built: 2025.
More about this property
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