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265-267 2nd Elizabeth, NJ $ 1,350,000
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$ 1,350,000 Get more info
265-267 2nd
$ 1,350,000
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265-267 2nd

Elizabeth, NJ, 07206
$ 1,350,000
Bedrooms-- Baths-- Sq 5,974

Monthly Estimate*

$ 8,422

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Commercial Property for sale in Elizabeth, NJ

for $1,350,000 with 7 half baths. This 5,974 square foot building was built in 1940 on a lot size of 0.12.

Mixed-use investment opportunity in a rapidly improving Elizabeth neighborhood. Property features four residential apartments and two street-level commercial spaces near the waterfront and major transportation. Residential component includes four 2-bedroom, 1-bath units, all currently leased; two units recently renovated. Commercial component offers: One fully renovated restaurant leased at $3,500/month. Second storefront, formerly Praia da Rocha Fish Market, is now vacant and ready for renovation to suit the next business. Property includes an exclusive driveway with on-site parking, separate residential and commercial entrances, and strong long-term upside supported by surrounding redevelopment and proximity to the Elizabethport waterfront.

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Commercial Active

Price

$ 1,350,000

Half Bath

7

Property Type

Commercial

Taxes

$ 23,232

Style

MixedUse

Lot Size

0.12

Year Built

1940

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4003164
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession At Closing
Roof Flat
Zoning R-3A
Garage Spaces 4
Year Built 1940
Tenant Pays Electric Gas
Township Elizabeth City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Corner
County Union
Subdivision Name Elizabeth Port
Status Active
Directions Elizabeth Ave to 2nd St. Corner of Second and Clark
Number Of Units Total 6
Tax Annual Amount 23232
Drive 1 Car Width Driveway-Exclusive
Leasable Area 0
Standard Status Active
Tax Assessed Value 1207500
Town # 2904
Tax Lot 42
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Interior
Basement Unfinished
Fuel Type Electric Gas-Natural
Total Stories 3
Half Baths 7
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Exterior
Lot Features Corner
Water Source Public Water
Total Parking 4
Exterior Description Brick/Block
Building Area Total 5974
Lot Dimensions 50X100
Lot Size Acres 0.12
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* Excluded Features
List By
JOAO A PEREIRA

Listing Agent

Re/Max New Millennium Group

Broker

Joaopereira@remax.net

Email

Affordability Calculator

$10,358
Per Month
81%
19%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$1,936
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/2/2026$1,350,000 Listed Price

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265-267 2nd, Elizabeth, NJ, 07206 is a Commercial Property for sale at $1,350,000 with 5,974 sqft and a lot size of 0.12. 265-267 2nd was built in 1940. The property's zip code is 07206 which is in Elizabeth, NJ

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