136 Park Pl, Elizabeth, NJ 07206

Building Details

Year Built

1920

Listing office UNITED REAL ESTATE i***@urenj.com Show Phone

Listing date Jun 18, 2026

Source Corcoran

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Overview

This well-maintained multifamily property consists of nine units and is set on an oversized 75' x 100' lot. The building is designed for manageable operations, with separate utilities for each unit and individual boilers serving each residence. Off-street parking on-site supports day-to-day tenant convenience.

The property is located in Elizabeth, with convenience to major highways, public transportation, shopping, and schools. It is also positioned for travel to Newark Liberty International Airport and downtown Elizabeth, helping support accessibility for residents and visitors.

For buyers seeking a sizable residential income asset, this configuration offers the practical advantage of separate utility management at the unit level. The combination of individual boiler systems and on-site parking can simplify building operations compared with arrangements that share mechanical infrastructure. The larger lot size also provides room for buyers to evaluate potential future development or expansion opportunities, subject to due diligence and applicable approvals.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Elizabeth

County

Union

State

New Jersey

Longitude

-74.1891317

Latitude

40.6524074

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FAQs

What type of property is this?

Apartment building - Well-maintained 9-unit building with separate utilities and individual boilers, plus ample on-site parking.

Where is this apartment building located?

The property is located at 136 Park Pl Elizabeth, NJ.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Well‑maintained 9‑unit multifamily building built in 1920; Oversized 75' x 100' lot with ample on‑site parking; Separate utilities for each unit