1029 Elizabeth Ave,Elizabeth City, NJ 07201
Elizabeth City, NJ 07201
Description
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
Details
| MLS # | 4040052 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 87 |
| Listing Provided By | COLDWELL BANKER REALTY | RENATO ROSAS |
Features
| Story(s) | 4 |
|---|---|
| Units | 4 |
| Zoning | Commercial |
| Acreage | 8.00 |
Taxes
| Property | 15404 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07201 |
| Area | Union |
| Listing VS Median (in 07201) | |
Price: $1,099,000 low | high Med: $3,500 On site: 87 low | high Med: 24 | |
Market Activity 07201
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Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07201 |
| Area | Union |
| Listing VS Median (in 07201) | |
Price: $1,099,000 low | high Med: $3,500 On site: 87 low | high Med: 24 | |