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Listed with Joao Pereira | 908-451-9230, RE/MAX New Millennium Group
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Investment opportunity in one of Elizabeth's fastest-growing neighborhoods. Featuring four residential apartments and two street-level commercial spaces, this property combines reliable rental income with long-term upside in a revitalizing area near the waterfront and major transit lines. Four 2-bedroom, 1-bath residential units all leased, with two recently renovated. Two commercial storefronts: One fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. Exclusive driveway and plenty of on-site parking, a rare find in the area. Separate entrances for residential and commercial tenants. Whether you're an investor seeking a cash-flowing asset or a business owner looking to operate in a high-foot-traffic area with built-in rental income, this property delivers. Surrounded by ongoing redevelopment and just minutes from the Elizabethport waterfront, this is a rare chance to stake your claim in a rising market.
| DAYS ON MARKET | 181 | LAST UPDATED | 1/2/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | UNION |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jan 2, '26 | $1,500,000 |
|---|---|
| Jan 2, '26 - Today | $1,350,000 |
| ADDITIONAL DETAILS |
MORTGAGE CALCULATOR
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All information deemed reliable but not guaranteed. Last date updated: 1/14/26 5:12 AM PST Source: New Jersey Multiple Listing, Inc.
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