Don't miss this fully occupied 4-unit mixed-use office/retail building located on busy Elizabeth Avenue in the heart of Elizabeth's thriving commercial corridor. This income-producing property features approximately 5,074 square feet of rentable space offering immediate cash flow with all four units currently leased on month-to-month agreements. The property includes separate utilities, natural gas heat, public water and sewer, and fire alarm equipment. Prime location offers outstanding visibility and convenient access to Route 1, surrounded by established businesses and residential neighborhoods.The sale is contingent upon the Seller?s successful completion of a Section 1031 Exchange. The Seller must identify and secure the purchase of a replacement investment property. The Buyer agrees to cooperate with the Seller?s 1031 Exchange at no additional cost or liability to the Buyer
1029 Elizabeth Ave, Elizabeth City NJ 07201-2540
Property City
Elizabeth City
Property Price
$1,175,000
Year Built
1920
Tax Annual Amount
$15404
TaxYear (*text)
2025
Roof (*text)
Flat
Lot Size Area
8.36
MLS Status
Active
MLS #
4040052
Yearly Tax Rate
2.017
Year Built (*numeric)
1920
Basement
No
Roofing (*text)
Flat
Days On Market
6
Basement (*text)
No
Cooling (*text)
4+ Units
Heating
4+ Units
Lot Size Dimensions
43X118.27X4
Data import from
GSMLS