325 John St Elizabeth, NJ 07202
This exceptional investment opportunity presents a five-unit apartment building located at 325-327 John Street, Elizabeth, New Jersey, 07202. The property, built in 1976, is a four-story brick structure situated on a 0.11-acre lot and zoned R-2. The building offers four two-bedroom units, each featuring a living room, dining area, and bathroom. A fifth unit provides two bedrooms, a studio, living room, dining area, and bathroom. The asking price is $1,250,000. A significant advantage is the presence of a rear parking lot providing six spaces for tenants. This property boasts an enviable location, offering unparalleled convenience. It's just three minutes from the Elizabeth NJ Transit station, one minute from Route 1&9, seven minutes from Newark Airport, and a ten-minute drive to The Mills at Jersey Gardens mall. This combination of solid rental income potential, convenient location, and ample parking makes this a truly compelling investment opportunity in a thriving New Jersey market. The property is currently for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.