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Under contract
  • $850,000

    1131 Pt1133Elizabeth Av, Elizabeth City, NJ 07201

    6beds
    39,996sqft
    : 
    $5,372/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $21/sqft
    $-- HOA

    What's special

    LOOKING FOR A PROPERTY THAT CHECKS THE "LOCATION VISIBILITY, AND INCOME POTENTIAL" BOXES ALL AT ONCE? THIS MIXED-USE BUILDING ON BUSTLING ELIZABETH AVE IN ELIZABETH, NJ IS EXACTLY THAT. WITH TWO STOREFRONTS ON THE FIRST FLOOR AND TWO APARTMENTS UPSTAIRS, IT'S A FLEXIBLE INVESTMENT THAT PUTS YOU RIGHT IN THE CENTER OF NONSTOP FOOT AND VEHICLE TRAFFIC. YES, THE BUILDING NEED SOME TLC, BUT THE BIG-TICKET ITEMS ARE ALREADY HANDLED NEWER ROOF, NEARLY NEW WATER HEATERS. SEPARATE UTILITIES (WITH THE EXCEPTION OF THE HEAT BETWEEN THE STORES) THAT MEANS YOU CAN FOCUS ON THE UPDATES THAT BOOST VALUE INSTEAD OF THE COSTLY REPAIRS NO ONE LIKES TO TALK ABOUT. ON THE FIRST FLOOR, YOU'LL FIND HIGH-VISIBILITY COMMERCIAL SPACES PERFECT FOR RETAIL, SERVICE BUSINESSES, OR FUTURE TENANTS WITH BIG IDEAS. UPSTAIRS ARE TWO RESIDENTIAL UNITS, BOTH ON MONTH TO MONTH LEASES, GIVING INVESTORS THE FLEXIBILITY TO RAISE RENTS, RENOVATE, OR REPOSITION BASED ON THEIR STRATEGY. IF YOU'RE AN INVESTOR LOOKING FOR A PROPERTY WITH STRONG UPSIDE, GREAT EXPOSURE, AND BUILT-IN INCOME FROM DAY ONE-THIS IS THE OPPORTUNITY. REPAIRS DONE BTW 2022-2024 HEATING, WATER HEATERS, ROOFS, ELECTRICAL CIRCUITS, AND OTHER COSMETICS REPAIRS.
    219 days
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    25
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jayce Lopez 908-282-1234,

    Re/Max New Millennium Group

    Source: GSMLS,MLS#: 4002432MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2.2
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • See Remarks
      Cooling
      • Window Unit(s)
      Appliances
      • Included: See Remarks, Range/Oven - Gas, Refrigerator, Gas Water Heater
      Features
      • See Remarks, Bedrooms, Dining Room, Kitchen, Living Room, Storage
      • Basement: Yes,Unfinished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 39,996
      • Total interior livable area: 39,996 sqft

      Property

      Parking
      • Parking features: On Street, See Remarks
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 35.69 x 79.64
      Details
      • Parcel number: 2904003170000000050000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Flat
      Condition
      • Major remodel year: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: See Remarks

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Fire Alarm, Carbon Monoxide Detector, Fire Alarm System
      Location
      • Region: Elizabeth

      Financial & listing details

      • Price per square foot: $21/sqft
      • Tax assessed value: $832,700
      • Annual tax amount: $16,570
      • Date on market: 12/22/2025
      • Total actual rent: 6325
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/2/2026Pending sale$850,000$21/sqft
        Source: GSMLS #4002432 Report a problem
        12/22/2025Listed for sale$850,000-10.4%$21/sqft
        Source: GSMLS #4002432 Report a problem
        8/1/2025Listing removed$949,000$24/sqft
        Source: GSMLS #3942569 Report a problem
        1/23/2025Listed for sale$949,000$24/sqft
        Source: GSMLS #3942569 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Keighry Head

        Getting around

        97 / 100
        Walker's Paradise
        61 / 100
        Good Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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