265 2Nd St Elizabeth, NJ 07206
Investment opportunity with residential and commercial income potential in Elizabeth.
Property size:
4,994 SFLot size:
0.12 AcresProperty Features for 265 2Nd St
General Information
- Standard status
- Active
- Size
- 4,994 SF
- Lot size
- 0.12 Acres
Building Details
- Year built
- 9999
Source:
Corcoran
Listing Agent: Joao A Pereira
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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 ...
Seafood Market
Jacare Do Brasil ...
Brazilian Restaurant
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.182252
- Latitude
- 40.653813
Nearby Similar for Sale
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.