400 E Jersey St Elizabeth, NJ 07206

Building Details

Year Built

9999

Listing Agency Elite Realtors of New Jersey C*@eliternj.com Show Phone

Listed by CESAR LANDIVAR

Source Elliman

Added: Apr 15 Checked: Jul 17 at 4:42 am

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Investment Insights

Based on property information with market context.

This is a fully rented, 6-unit mixed-use corner property featuring a combination of commercial and residential spaces. The property includes 3 stores and 3 apartments. A Chinese restaurant occupies space and a 3rd-floor apartment, paying $4182. A members club pays $1100, and a barber shop pays $1500. The second-floor 3-bedroom apartment is rented for $1900, and the ground-level 2-bedroom apartment generates $1075. Most of the tenants are on month-to-month leases. The property's taxes are $28,000, and the water bill is $8200. The location has a bike score of 53, indicating it is bikeable. The walk score is 84, signifying it is very walkable, and the transit score is 58, showing good transit options.

Key Highlights

• Fully rented 6‑unit mixed‑use corner property provides immediate income.
• Diverse tenant mix includes 3 stores and 3 apartments.
• Strong walk score of 84 indicates high walkability.

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FAQs

What type of property is this?

Mixed-use property - Fully rented 6-unit mixed-use corner property with stores and apartments.

Where is this mixed-use property located?

The property is located at 400 E Jersey St Elizabeth, NJ.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: Fully rented 6‑unit mixed‑use corner property provides immediate income.; Diverse tenant mix includes 3 stores and 3 apartments.; Strong walk score of 84 indicates high walkability.