Excellent mixed-use investment opportunity in the heart of Elizabeth. This property features a first-floor commercial storefront plus two residential apartments on the second floor: one 2-bedroom unit and one 3-bedroom unit. The commercial space offers street-level visibility, making it ideal for a variety of professional or retail uses, subject to municipal approvals. The residential units provide strong rental potential, with practical layouts and comfortable living spaces. Located at 416 S 5th St, this property offers convenient access to local shops, transportation, major roadways, and nearby amenities. A great option for investors, owner-users, or buyers looking to combine business and rental income in one property. Buyer is responsible for all due diligence regarding permitted use, zoning, and municipal requirements.
Active
Price cut: $110K (8/16)
$990,000
416 S 5Th St, Elizabeth City, NJ 07206
5beds
--sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
First-floor commercial storefrontPractical layoutsComfortable living spaces
- 83 days
- 217
- 3
Zillow last checked:
Listing updated:
Listed by:
Marianna L. Pereira 908-527-1711,
Coldwell Banker Liberty
Source: GSMLS,MLS#: 4032760
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2.1
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- 3 Units, Baseboard - Hotwater, Forced Air, Natural Gas
Cooling
- 1 Unit, Central Air
Appliances
- Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
Features
- See Remarks, Bedrooms, Kitchen, Living/Dining Room, Den, Eat-In Kitchen, Living Room
- Basement: None
- Number of fireplaces: 9
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
- Features: Level
Details
- Parcel number: 2904006850000000070000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Rubber
Condition
- Year built: 1954
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Smoke Detector
- Subdivision: Mattano Park
Location
- Region: Elizabethport
Financial & listing details
- Tax assessed value: $635,200
- Annual tax amount: $12,811
- Date on market: 6/7/2026
- Exclusions: Personal property - Business is not for sale
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Price change | $990,000-10% |
Source:  GSMLS #4032760 Report a problem | ||
| 7/16/2026 | Price change | $1,100,000-2.7% |
Source: GSMLS #4032760 Report a problem | ||
| 6/24/2026 | Price change | $1,130,000-5.8% |
Source: GSMLS #4032760 Report a problem | ||
| 6/7/2026 | Listed for sale | $1,200,000+264.7% |
Source: GSMLS #4032760 Report a problem | ||
| 12/17/2025 | Listing removed | $2,100 |
Source:  GSMLS #3995999 Report a problem | ||
| 12/12/2025 | Price change | $2,100-4.5% |
Source: GSMLS #3995999 Report a problem | ||
| 11/4/2025 | Listed for rent | $2,200 |
Source: GSMLS #3995999 Report a problem | ||
| 8/9/2025 | Listing removed | $2,200 |
Source: GSMLS #3973941 Report a problem | ||
| 8/4/2025 | Price change | $2,200-4.3% |
Source: GSMLS #3973941 Report a problem | ||
| 7/9/2025 | Listed for rent | $2,300 |
Source: GSMLS #3973941 Report a problem | ||
| 5/13/2025 | Listing removed | $2,300 |
Source: GSMLS #3951671 Report a problem | ||
| 4/8/2025 | Price change | $2,300-4.2% |
Source: GSMLS #3951671 Report a problem | ||
| 3/19/2025 | Listed for rent | $2,400+9.1% |
Source: GSMLS #3951671 Report a problem | ||
| 11/20/2024 | Listing removed | $2,200 |
Source: GSMLS #3928545 Report a problem | ||
| 10/17/2024 | Price change | $2,200-4.3% |
Source: GSMLS #3928545 Report a problem | ||
| 10/9/2024 | Listed for rent | $2,300+43.8% |
Source: GSMLS #3928545 Report a problem | ||
| 7/14/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/11/2021 | Listed for rent | $1,600 |
Source: Zillow Rental Manager Report a problem | ||
| 7/26/2018 | Listing removed | $329,000+6.1% |
Source: INTEGRA REALTY #3422392 Report a problem | ||
| 7/25/2018 | Sold | $310,000-5.8% |
Source: GSMLS #3422392 Report a problem | ||
| 1/10/2018 | Pending sale | $329,000 |
Source: INTEGRA REALTY #3422392 Report a problem | ||
| 11/27/2017 | Listed for sale | $329,000 |
Source: INTEGRA REALTY #3422392 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Peterstown
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