Elizabethport Corner Mixed-Use
For Sale
$899,000
261 2nd St, Elizabeth, NJ 07206
High-visibility corner property with three income-generating units in revitalizing area.
Property Size6,425 SF
Lot Size0.12 Acres
Days on Market164
Property Features for 261 2nd St
General Information
Standard status
Active
Size
6,425 SF
Lot size
0.12 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$16,640
Building Details
Building Size
6,425 SF
Year Built
9999
Stories
2
Units
3
Listing Agency:
RE/MAX NEW MILLENNIUM GROUP
(908) 451-9230
Listed By:
JOAO A PEREIRA · License #457804
Source:
Elliman
Added: Mar 11
Changed: Aug 15
Last Checked: Aug 20 at 10:19AM
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 RE/MAX NEW MILLENNIUM GROUP
Investment Insights
Based on property information with market context.
This corner property is located in Elizabethport, a growing area near the waterfront and major transportation. The property features three income-generating units. There are two commercial storefronts and a 2-bedroom residential apartment. The commercial units are currently leased and operating as a restaurant and a liquor store. The upstairs 2-bedroom apartment has a private entrance. This property is positioned in a prime corner location with steady foot traffic. The property is located in proximity to redevelopment projects in Elizabethport.
Key Highlights
- Three income‑generating units: two commercial, one residential
- Prime corner location with high visibility and foot traffic
- Two established commercial tenants: restaurant and liquor store
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
18,766 visits/mo
0.2 miles
Family Dollar
Shops & Services
9,015 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - High-visibility corner property with three income-generating units in revitalizing area.
Where is this mixed-use property located?
The property is located at 261 2nd St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three income‑generating units: two commercial, one residential; Prime corner location with high visibility and foot traffic; Two established commercial tenants: restaurant and liquor store
