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Elizabeth Multifamily Investment Opportunity

32 Spencer St Elizabeth, NJ 07202

32 Spencer St, Elizabeth, NJ, 07202
$1,200,000
For Sale
$1,200,000

Six-family property in Elizabeth, NJ, with strong rental potential.

Property Size9,999 SF
Price / SF$120.01
Days on Market410

Property Features for 32 Spencer St

General Information

Standard status
Active
Size
9,999 SF

Building Details

Year Built
1900
Listing Agency RE/MAX IN ACTION
Listed by PEDRO OLIVEIRA
Source Corcoran
Added: Jun 6, 2025 Updated: Mar 16 at 9:09 am Checked: Mar 16 at 9:09 am

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 IN ACTION


Investment Insights

Based on property information with market context.

32 Spencer Street is a six-family property located in Elizabeth, NJ, presenting an investment opportunity. The property is well-maintained and offers rental potential and long-term value. Each unit is designed to maximize space and functionality. A private parking lot adds to the property's desirability. The property is located near transportation, shopping, and local amenities.

Key Highlights

  • Six‑family property offering strong rental income potential.
  • Private parking lot, a significant convenience in an urban area.
  • Ideally located near transportation, shopping, and local amenities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Garden Center Locksmith Law Firm Catering Service Clothing & Fashion Store Restaurant (Bike/Boat/Book/etc) Store Clothing & Fashion Store Adult Day Care

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

FAQs

What type of property is this?
Apartment building - Six-family property in Elizabeth, NJ, with strong rental potential.
Where is this apartment building located?
The property is located at 32 Spencer 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: Six‑family property offering strong rental income potential.; Private parking lot, a significant convenience in an urban area.; Ideally located near transportation, shopping, and local amenities.
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