Listing Agency: CENTURY 21 JRS Realty

Listed By: Esther borges · License #NJ8938035

Source: Crexi

Added: Apr 23 Changed: Sep 1 Last Checked: Aug 31 at 11:23PM

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Investment Insights

Based on property information with market context.

This multifamily property includes apartment units, two garages, and an extra driveway. The building occupies a corner location and is situated near the Ferry area in Elizabeth, New Jersey.

Key Highlights

• Multifamily property with apartment units
• Two garages included
• Additional driveway

Property Analytics

Property Profile

Current Use

Rankin St Deli Food Market

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Locksmith Catering Service

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

1,464

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Corner multifamily property with apartment units, garage space, and an additional driveway.

Where is this multifamily property located?

The property is located at 48 Rankin St Elizabeth, NJ.

What are key features of this property?

This property features: Multifamily property with apartment units; Two garages included; Additional driveway