149 Elmora Ave, Elizabeth City, NJ 07202

$1,499,000
7
BD
4.2
BA

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List Price
$1,499,000
Days on Market
22
Status
ACTIVE
MLS#
4056978
Bedrooms
7
Bathrooms
4.2
Full Baths
4
Half Baths
2
Year Built
1925
County
Union

Property 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.

Additional Information

Interior Features
Carbon Monoxide Detector, See Remarks, Smoke Detector, Wood Floors
Elementary School
Elmora
Middle School
Elmora
High School
Elmora
Garage
Garage Parking
Exterior Features
Patio, See Remarks
Heating
4+ Units, Radiant - Hot Water, Radiators - Hot Water
Cooling
Window A/C(s)
Roof
Asphalt Shingle
Utilities
Gas-Natural
Water
Public Water
Sewer
Public Available, See Remarks

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Calculator source: Real Geeks

Listing Courtesy Of RE/MAX SELECT, Contact: 973-739-8008