178-180 3rd St
Elizabeth City, NJ 07206
Price: $799,000
GSMLS: 3975083Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 9
Baths: 4 Full & 2 Half
Garage: No
Year Built: 1956
Acres: 0.09
Property Tax: $17,643
Description
Incredible Investment Opportunity In The Heart Of The Port Of Elizabeth! This Mixed-use / Commercial Property Offers 5 Total Units, Including A Spacious 3,500+ Sq Ft Commercial Storefront And Four Residential Apartments Ranging From 2 To 3 Bedrooms. The Building Is Fully Vacant And Ready For Renovation, Making It A Perfect Value-add Project For Investors Looking To Generate Strong Cash Flow. The Roof Is Only 7 Yers Old, Providing A Solid Foundation For Future Upgrades. With Three Levels Of Income Potential And A Prime Location Near Major Transportation And Commercial Hubs, This Property Is Ideal For Retail Or Office. Don't Miss Out On This Rare Opportunity To Transform A Sizable Mixed-use Asset In One Of Elizabeth's Fastest-growing Areas.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Bilco-Style Door, Walkout
Interior:
n/a
Roof:
Flat
Exterior:
Brick
Lot Size:
37.5X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
On-Street Parking
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
3
Square Foot:
n/a
Fireplaces:
1
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
Port
Financial Considerations
List Price:
$799,000
Tax Amount:
$17,643
Land Assessment:
$290,000
Build. Assessment:
$627,000
Total Assessment:
$917,000
Tax Rate:
1.92
Tax Year:
2024
Listing Information
MLS ID:
3975083
List Date:
07-14-2025
Days On Market:
0
Listing Broker:
SIGNATURE REALTY NJ
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
