167 Smith St Elizabeth, NJ 07201
Turnkey investment property with modern upgrades in a prime location.
Property size:
4,950 SFProperty Features for 167 Smith St
General Information
- Standard status
- Active
- Size
- 4,950 SF
Building Details
- Year built
- 1910
Source:
Corcoran
Listing Agency: BHGRE ELITE Listing Agent: Jazmine Clausen-Soir
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Six-Unit Multifamily Building
This fully renovated six-unit building, completed in 2023, offers approximately 4,950 square feet of living space. The property has undergone comprehensive structural and systems upgrades, ensuring code compliance. A full gut renovation includes new framing, plumbing, electrical, roofing, siding, structural reinforcement, a brand-new sewer line, a full French drain system, and increased building height. Each of the six units features a 2-bedroom, 1-bath layout, with unit sizes ranging from approximately 750 to over 1,000 square feet. Ceiling heights exceed 8 feet in each unit. The building is equipped with an intercom system, and two units include private street-level entrances. Each apartment has its own Navien combination boiler system for heat and hot water, allowing for efficient, tenant-paid utility separation. The building has one water meter. The property features gas baseboard heat, with separate gas and electric meters for each unit. Located across from Point Grande Plaza shopping center and minutes from The Mills at Jersey Gardens, Elizabeth Center, Union Square, Broad St, Morris Avenue, Elmora Avenue, and a nearby cannabis dispensary. Situated just 2 miles from Newark Airport (EWR), the property offers commuter convenience with proximity to major highways, NJ Transit Elizabeth bus routes, and both Elizabeth NJ Transit train stations. Elizabeth, NJ, is a high-demand rental market and an attractive investment hub.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.2013491
- Latitude
- 40.6635658
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turnkey investment property with modern upgrades in a prime location.
Where is this apartment building located?
The property is located at 167 Smith St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - Fully renovated A-Z in 2023 with comprehensive structural and systems upgrades completed to code.; - Six individual Navien combination boiler systems provide tenant-paid heat and hot water with efficient utility separation.; - Six 2-bedroom, 1-bath units ranging from approximately 750 to 1,000+ sqft each.
