Five-Unit Apartment
For Sale
$949,000
Pending
618 Elizabeth Ave, Elizabeth, NJ 07206
Well-maintained five-unit apartment building offered for sale with rental income potential.
Property SizeContact for details
Days on Market107
Property Features for 618 Elizabeth Ave
General Information
Standard status
Pending
Property subtype
Commercial
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$12,072
Amenities
Central air
Asphalt Shingle Roof
Baseboard - Hotwater Heating
On-Street Parking
Wall A/C Unit(s) Cooling
Building Details
Year Built
1900
Listing Agency:
THE ARENDEL GROUP LLC
(908) 329-2672
Listed By:
OSCAR LUIS CORTIZO · License #393588
Source:
Corcoran
Added: May 7
Changed: Aug 8
Last Checked: Jul 23 at 8:35AM
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 THE ARENDEL GROUP LLC
Investment Insights
Based on property information with market context.
This offering presents a well-maintained five-unit apartment building for sale. The property is positioned as a versatile investment opportunity with rental income potential, based on the seller’s remarks.
The building is located at 618 Elizabeth Ave, Elizabeth City, NJ 07206. The address provides straightforward identification for touring, underwriting, and due diligence.
As a five-unit multifamily asset, the property’s structure is designed for income-producing rental operations. Prospective buyers and tenant/broker representatives can use the configuration to evaluate unit-level performance and overall building economics during their review.
The building is located at 618 Elizabeth Ave, Elizabeth City, NJ 07206. The address provides straightforward identification for touring, underwriting, and due diligence.
As a five-unit multifamily asset, the property’s structure is designed for income-producing rental operations. Prospective buyers and tenant/broker representatives can use the configuration to evaluate unit-level performance and overall building economics during their review.
Key Highlights
- 5‑unit apartment building for sale on Elizabeth Ave, Elizabeth, NJ
- Built in 1900
- Offered as a rental income property with rental income potential
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,817
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained five-unit apartment building offered for sale with rental income potential.
Where is this apartment building located?
The property is located at 618 Elizabeth Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 5‑unit apartment building for sale on Elizabeth Ave, Elizabeth, NJ; Built in 1900; Offered as a rental income property with rental income potential
