Properties

Description

Prime mixed-use investment opportunity in the heart of Elizabeth! Located directly on vibrant Elmora Avenue, this income-producing property features 5 units total: 3 residential apartments plus 2 commercial spaces and is currently generating over $10,000 per month in gross rental income. All tenants are on month-to-month agreements, providing flexibility for the new owner.Surrounded by restaurants, banks, supermarkets, laundromats, shops, and established businesses, the property offers excellent visibility and convenience. Ideally located near Newark Liberty International Airport, major highways, and public transportation, approximately 30 minutes from Manhattan.Perfect for an investor looking to expand a portfolio or an owner-user seeking to operate a business while generating income from the remaining units. Strong cash flow, multiple income streams, excellent location, and tremendous long-term potential make 149 Elmora Ave a rare investment opportunity in Elizabeth.

Features

  • Heating System : 4+ Units, Radiant - Hot Water, Radiators - Hot Water
  • Cooling System : Window A/c(s)
  • Basement : Full
  • Roof Deck : Asphalt Shingle
  • Parking : 7
  • Parking Description: 2 Car Width
  • Interior Features: Carbon Monoxide Detector, See Remarks, Smoke Detec
  • Exterior Features: Patio, See Remarks
  • Tax Assessed Valuation: 742300
  • Sewer: Public Available, See Remarks
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural
  • Internet

Additional Info

  • Office Name: RE/MAX SELECT
  • Office MLS ID: 158131
  • Agent ID: 405907
  • Tax: 14972
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$1,499,000

149 Elmora Ave, Elizabeth City, *

  • SQFT 30 Acre
  • Bedroom 7
  • Built Year 1925

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5465553
  • Price: $1,499,000
  • Bedrooms: 7
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1925
  • Year Built Description: Approximate
  • Lot Area: 30 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Street: Elmora Ave
  • Street Number: 149
  • Street Direction: Use GPS to 149 Elmora Ave, Elizabeth, NJ 07202. Ne
  • Floor Number: 0
  • Longitude: W75° 45' 59.7''
  • Latitude: N40° 39' 43.6''
  • Internet Display Address: Yes
Property