About 261-263 2nd Street
Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.
Features of 261-263 2nd Street
| MLS® # | 25018224 |
|---|---|
| Price | $1,300,000 |
| Bathrooms | 0.00 |
| Type | 5+ Mixed Use |
| Status | Active |
Community Information
| Address | 261-263 2nd Street |
|---|---|
| City | Elizabeth |
| County | UNION |
| State | NJ |
| Zip Code | 07206 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Roof | Asphalt |
|---|
Additional Information
| Date Listed | May 27th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joao Pereira |
|---|---|
| Office | RE/MAX New Millennium Group |