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.
Active
$1,499,000
149 Elmora Ave, Elizabeth City, NJ 07202
7beds
--sqft
Multi Family
Built in 1925
-- sqft lot
$1,515,200 Zestimate®
$--/sqft
$-- HOA
What's special
Excellent visibility and convenience
- 11 days
- 175
- 0
Zillow last checked:
Listing updated:
Listed by:
Richard Brito Benjamin 973-739-8008,
Re/Max Select
Source: GSMLS,MLS#: 4056978
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4.2
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- 4+ Units, Radiant - Hot Water, Radiators - Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- See Remarks, Storage, Utility Room, Bedrooms, Dining Room, Family Room, Master Bedroom
- Flooring: Wood
- Basement: Yes,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 7
- Parking features: 2 Car Width, Garage
- Has garage: Yes
- Uncovered spaces: 7
Features
- Patio & porch: Patio
- Exterior features: See Remarks
Lot
- Size: 6,000 Square Feet
- Dimensions: 30 x 200 IRR
Details
- Parcel number: 2904003680000000030000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Composition Shingle
- Roof: Asphalt Shingle
Condition
- Year built: 1925
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Available, See Remarks
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected, Fiber Optic, Garbage Extra Charge
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Alarm, Carbon Monoxide Detector, Fire Alarm System, Smoke Detector
Location
- Region: Elizabeth
Financial & listing details
- Tax assessed value: $742,300
- Annual tax amount: $14,972
- Date on market: 10/5/2026
- Total actual rent: 9200
- Tenant pays: Electricity, Tenant Pays Electric
Estimated market value
$1,515,200
$1.44M - $1.59M
$3,322/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $1,499,000 |
Source:  GSMLS #4056978 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Elmora
Nearby schools
Schools provided by the listing agent
- Elementary: Elmora
- Middle: Elmora
- High: Elmora
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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