This mixed-use property offers a rare opportunity to own a well-maintained building featuring 4 residential units and 1 ground-level store front. Property also has a 2 car garage. The property combines steady residential income with commercial space. Great investment for both investors or owner-occupants. Two units will be delivered vacant at closing. Conveniently located near shopping, dining, public transportation and major highways. Taxes have been assessed and reduced to $19,700/year.
Active
Price cut: $50K (8/19)
$950,000
701 Grier Ave #0, Elizabeth City, NJ 07202
--beds
5baths
--sqft
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 136 days
- 26
- 6
Zillow last checked:
Listing updated:
Listed by:
Idalina Lopes 908-282-1234,
Re/Max New Millennium Group
Source: GSMLS,MLS#: 4031312
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- 4+ Units, Baseboard - Hotwater, Natural Gas
Cooling
- Window Unit(s)
Features
- Flooring: Laminate, Stone, Tile
- Doors: Max Door Height: 0
- Basement: Yes,Full
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Width, Blacktop
- Garage spaces: 2
Features
- Stories: 3
Lot
- Size: 2,613 Square Feet
- Dimensions: 26 x 100
- Features: Corner Lot, Corner
Details
- Parcel number: 2904004400000000170000
- Zoning description: Commercial
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block
- Roof: Asphalt Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Bayway
Location
- Region: Elizabeth
Financial & listing details
- Tax assessed value: $1,135,400
- Annual tax amount: $22,901
- Date on market: 6/1/2026
- Inclusions: Building & Business
- Ownership type: Fee Simple
- Tenant pays: Electricity, Gas, Heat, Hot Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $950,000-5% |
Source:  GSMLS #4031312 Report a problem | ||
| 6/1/2026 | Listed for sale | $999,999 |
Source: GSMLS #4031312 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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