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32 Spencer St Elizabeth, NJ $ 1,200,000
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$ 1,200,000 Get more info
32 Spencer St
$ 1,200,000
Back to search
Share Save

32 Spencer St

Elizabeth, NJ, 07202
$ 1,200,000
Bedrooms-- Baths-- Sq 9,999

Monthly Estimate*

$ 7,486

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Commercial Property for sale in Elizabeth, NJ

for $1,200,000 with 6 half baths. This 9,999 square foot building was built in 1900 on a lot size of 0.17.

Introducing 32 Spencer Street, a prime investment opportunity in the heart of Elizabeth, NJ. This well-maintained six-family property offers a rare combination of strong rental potential and long-term value. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Adding to its desirability is a private parking lot, providing a significant convenience in an urban setting. Ideally located near transportation, shopping, and local amenities, 32 Spencer Street presents an exceptional opportunity for investors seeking a stable, income-generating asset in a thriving community.

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Commercial Active

Price

$ 1,200,000

Half Bath

6

Property Type

Commercial

Taxes

$ 23,688

Style

Apartment Complex

Lot Size

0.17

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3967887
Features
General
Sewer Public Sewer
Construction See Remarks
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities All Underground
Possession at closing
Roof Asphalt Shingle
Zoning Residential
Year Built 1900
Township Elizabeth City
Property Type Apartment Complex Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Residential Area
County Union
Status Active
Directions 2nd ave onto spencer st
Number Of Units Total 6
Tax Annual Amount 23688
Drive Parking Lot-Exclusive
Leasable Area 9999
Standard Status Active
Tax Assessed Value 1231200
Town # 2904
Tax Lot 2
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 2
Half Baths 6
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 9999
Lot Dimensions 75X100
Lot Size Acres 0.17
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* Excluded Features
List By
PEDRO OLIVEIRA

Listing Agent

Re/Max In Action

Broker

Affordability Calculator

$9,460
Per Month
79%
21%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$1,974
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/6/2025$1,200,000 Listed Price

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32 Spencer St, Elizabeth, NJ, 07202 is a Commercial Property for sale at $1,200,000 with 9,999 sqft and a lot size of 0.17. 32 Spencer St was built in 1900. The property's zip code is 07202 which is in Elizabeth, NJ

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