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

169 3rd St, Elizabeth, NJ 07206

Three apartments occupy the upper floors above a ground-level laundry operation.

Space SizeContact for details
Days on Market4

Property Features for 169 3rd St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $17,128
Listing Agency: EXP Realty, LLC
Listed By: Roberto Alexandre ()
Source: Fortuneluxuryrealty
Added: Oct 24 Changed: Oct 26 Last Checked: Oct 26 at 3:30PM

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.

This corner mixed-use property combines a ground-floor laundromat with three apartments on the floors above. The second-floor apartment has four bedrooms; the top floor contains a three-bedroom unit and a two-bedroom unit. Apartment tenancies are month to month. Three garages are also part of the property.

Key Highlights

  • Ground‑floor laundromat with three apartments on the upper floors
  • Apartment mix includes one 4‑bedroom, one 3‑bedroom, and one 2‑bedroom unit
  • 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

NNN (Triple Net)
Lease Type

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 occupy the upper floors above a ground-level laundry operation.
Where is this mixed-use property located?
The property is located at 169 3rd St Elizabeth, NJ.
What is the lease rate?
The lease rate is $1,200,000.
What are key features of this property?
This property features: Ground‑floor laundromat with three apartments on the upper floors; Apartment mix includes one 4‑bedroom, one 3‑bedroom, and one 2‑bedroom unit; Three garages
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