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Mixed-Use Property with Laundromat
New
For Sale
$1,200,000

169 3Rd St, Elizabeth, NJ 07206

Three apartments occupy the upper floors, with three garages providing additional space on the property.

Property SizeContact for details
Days on Market4

Property Features for 169 3Rd St

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Corner Location Yes
Mixed-Use Components retail, residential

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $17,128

Building Details

Year Built 1940
Units 4
Listing Agency: eXp Realty, LLC
Listed By: ROBERTO ALEXANDRE
Source: Elliman
Added: Oct 24 Changed: Oct 25 Last Checked: Oct 26 at 3:36PM

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 eXp Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

A ground-floor laundromat is part of this mixed-use property and is operated by the owner. The upper levels contain three apartments: a four-bedroom unit on the second floor and two units above it, with three and two bedrooms, respectively. Three garages are also included.

The residential units are occupied by month-to-month tenants. Built in 1940, the property is at 169 3rd St in Elizabeth, New Jersey. WalkScore is 77, BikeScore is 53, and TransitScore is 34.

Key Highlights

  • Ground‑floor laundromat is included in the sale
  • Three apartments with 4-, 3-, and 2‑bedroom layouts
  • Three garages included

Property Analytics

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Current Use

Crisp N Clean ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Daycare Center Parking Lot & Garage

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,286
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three apartments occupy the upper floors, with three garages providing additional space on the property.
Where is this mixed-use property located?
The property is located at 169 3Rd St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Ground‑floor laundromat is included in the sale; Three apartments with 4-, 3-, and 2‑bedroom layouts; Three garages included
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