Active

$1,100,000

54 56 2nd St, Elizabeth City, NJ 07206

6beds

29,997sqft

Get pre-qualified

Multi Family

Built in 2025

-- sqft lot

$1,111,500 Zestimate^®

$37/sqft

$-- HOA

What's special

BACK ON THE MARKET! Previous buyer was unable to secure financing. This mixed-use property features a brand-new commercial space on the first floor with an open-concept layout, offering endless possibilities for retail, office, professional services, or other business uses. The commercial unit is delivered with modern finishes and flexible space design to accommodate a variety of business needs.The upper levels consist of two spacious residential apartments, each offering 3 bedrooms and 2 full bathrooms, thoughtfully designed with comfortable living spaces and strong rental potential.Whether you?re looking to establish your business while generating residential income or add a versatile asset to your investment portfolio, this property presents an outstanding opportunity in a growing market. Conveniently located near major transportation, shopping, dining, and local amenities.

270 days

491

24

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

3 Units, Forced Air, Natural Gas

Cooling

3 Units, Central Air

Appliances

Included: See Remarks, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
Laundry: Laundry Room

Features

See Remarks, Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living/Dining Room
Basement: Yes,Partially Finished,Full,Walk-Out Access,Sump Pump
Has fireplace: No

Interior area

Total structure area: 29,997
Total interior livable area: 29,997 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car Width, Detached Garage
Garage spaces: 1
Uncovered spaces: 1

Accessibility

Accessibility features: Handicap Modified

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,178 Square Feet
Dimensions: 37 x 62

Details

Parcel number: 2904007900000000260000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stone, Vinyl Siding
Roof: Asphalt Shingle

Condition

Under Construction
New construction: Yes
Year built: 2025

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Fire Alarm, Carbon Monoxide Detector, Fire Alarm System

Location

Region: Elizabethport

Financial & listing details

Price per square foot: $37/sqft
Tax assessed value: $129,000
Annual tax amount: $2,481
Date on market: 10/25/2025
Total actual rent: 29997
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$1,111,500

$1.06M - $1.17M

$3,335/mo

Price history

Date	Event	Price
6/15/2026	Listed for sale	$1,100,000$37/sqft
Source: GSMLS #3993552 Report a problem
4/16/2026	Pending sale	$1,100,000$37/sqft
Source: GSMLS #3993552 Report a problem
10/25/2025	Listed for sale	$1,100,000$37/sqft
Source: GSMLS #3993552 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.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Get pre-qualified