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

169 3Rd St, Elizabeth, NJ 07206

Multi-Family, 3-Three Story, Elizabeth City, NJ

Property SizeContact for details
Lot Size0.05 Acres
Days on Market1

Property Features for 169 3Rd St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 9, Basement, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Bedroom 7, Bedroom 8, Bedroom 2, Bedroom 1, Bathroom 5
Parking 3
Directions Elizabeth avenue to 3rd Street
Standard status Active
Lot size 0.05 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Site & Location

Corner Location Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 17128

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1940
Floors in Building 3
Number of units 4
Roof type Flat, Rubber
Architectural style Other
Buildings 1
Listing Agency: EXP REALTY, LLC
Listed By: ROBERTO ALEXANDRE
Added: Oct 23 Last Checked: Oct 23 at 11:06PM
MLS# 4060793

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1940, this three-story mixed-use property combines a first-floor laundromat with three apartments. The second floor contains a four-bedroom unit; two upper-floor apartments have three and two bedrooms, respectively. The laundry business is part of the sale, and the apartments are occupied on month-to-month terms. Three garages provide additional enclosed space.

The property occupies a 0.05-acre lot and is served by public water and public sewer. Its roof is flat and rubber.

Key Highlights

  • First‑floor laundromat is included in the sale
  • Three apartments: one with 4 bedrooms, one with 3, and one with 2
  • Three garages

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

3
Residential units
Multi-tenant
Tenancy
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
View Realmo Analytics

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 sit above an on-site laundry business included in the sale.
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: First‑floor laundromat is included in the sale; Three apartments: one with 4 bedrooms, one with 3, and one with 2; Three garages
More about this property
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