Twitter
Facebook
Email
Listed with Hector Rojas | 917-533-9263, EXP Realty, LLC
|
Prime Mixed-Use + Redevelopment Opportunity in Elizabethport! 552-554 Elizabeth Ave is a cash-flowing mixed-use property featuring 2 large 2-bed/1-bath apartments, 1 non-conforming 1-bed unit, and a commercial space currently operating as an auto repair shop. Held by the same owner for over 30 years, all units are rented with under-market rents, offering excellent value-add potential. Situated on a double lot and zoned R-4, the property may allow for redevelopment into a larger mixed-use building, multi-family, or townhouse-style units (subject to city approvals). Just blocks from the Elizabeth waterfront and transit to NYC, this is a rare opportunity to increase rents or reposition the site entirely in a rapidly growing area. Sold as-is. Buyer to perform all due diligence.
| DAYS ON MARKET | 3 | LAST UPDATED | 4/17/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | UNION |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Josh
Baris to contact you even if your name is on a Federal or State
"Do not call List".
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 4/20/25 5:46 AM PDT Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
