Building Details

Year Built 1954

Listing Agency: s***@gmail.com Show Phone

Listed By: Jazmine Show Phone

Added: Jun 3 Changed: Jun 23

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Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Clothing & Fashion Store Restaurant Daycare Center Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,238

Businesses Nearby

Explore this area Business Placement

Demographics for 07202, NJ

43,389

Population

15,866

Households

2.7

Avg Household Size

36

Median Age

13%

College-Educated

76%

High-School Grad

2.3 sq mi

ZIP Area

18,865

Density / Sq Mi

$68,071

Median Household Income

$40,505

Median Earnings

$1,508

Median Rent

$358,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - One-floor 2BR/1BA rental with a private garage, newly updated kitchen and bath, and natural light throughout.

Where is this multifamily property located?

The property is located at 854 Pennington St Unit 2L Elizabeth, NJ.