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265 2nd St Elizabeth, NJ 7206

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For Sale
$1,500,000

Investment opportunity with residential and commercial income potential in Elizabeth.

Type:Commercial
Property size:
4,994 SF
Lot size:
0.12 Acres
Added:
Jul 17, 2025
Days on Market:
277
Last Refresh:
Apr 5 at 8:40 pm

Property Features for 265 2nd St

General Information

Standard status
Active
Size
4,994 SF
Lot size
0.12 Acres
Property subtype
Commercial

Building Details

Year Built
9999

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Listing Contact
JOAO A PEREIRA

Listing agent JOAO A PEREIRA License #457804

Listing office RE/MAX NEW MILLENNIUM GROUP

Listing date Jul 17, 2025

Source Corcoran

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


Overview

Mixed-Use Property in Growing Neighborhood

This mixed-use property is located in one of Elizabeth's fastest-growing neighborhoods. It features four residential apartments and two street-level commercial spaces. The property offers a combination of rental income and long-term upside in a revitalizing area near the waterfront and major transit lines. There are four 2-bedroom, 1-bath residential units, all of which are leased, with two having been recently renovated. The property includes two commercial storefronts. One is a fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. The property includes an exclusive driveway and on-site parking. There are separate entrances for residential and commercial tenants. The property is positioned in a high-foot-traffic area with built-in rental income. The property is surrounded by ongoing redevelopment and is located minutes from the Elizabethport waterfront. The property size is 4994 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Praia Da Rocha ... Specialty Food Shop Jacare Do Brasil ... Restaurant

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Skin Care Clinic Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Elizabeth
County
Union
State
New Jersey
Longitude
-74.1823
Latitude
40.6538

FAQs

What type of property is this?
Mixed-use property - Investment opportunity with residential and commercial income potential in Elizabeth.
Where is this mixed-use property located?
The property is located at 265 2nd St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Reliable rental income from four leased residential units and two commercial spaces.; Prime investment opportunity in Elizabeth's fastest‑growing, revitalizing neighborhood near the waterfront.; Two street‑level commercial spaces, including a fully renovated restaurant and a leased space through 2025.
More about this property
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