$1,300,000

For Sale

261-263 2nd Street

Elizabeth, NJ 07206

#25018224

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Type:Purchase

Structure:5+ Family

Zone:Residential

Description

Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.

Property Details
- - Property SubtypeRes/Com Mixed
  - Date ListedMay 27, 2025
  - Original List Price$1,300,000
  - Property TypePurchase
  - MLS #25018224
  - MLS #25018224
  - Cost1300000

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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Abigail Maldonado are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

2023 New Jersey Multiple Listing Service, Inc. All rights reserved.

Last Updated: Yesterday at 7:49 PM. Source: NJMLS

Listing Courtesy
Listing Agent: (#461572), Phone: (908) 451-9230, Email: admin@newmillenniumre.com
Listing Office: RE/MAX New Millennium Group (#55174)

Abigail MaldonadoReal Estate Group

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All Jersey MLS

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New Jersey Multiple Listing Service, Inc.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Abigail Maldonado are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

2023 New Jersey Multiple Listing Service, Inc. All rights reserved.

Garden State Multiple Listing Service

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Monmouth Ocean Regional MLS

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Hudson Multiple Listing Service

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South Jersey Shore Regional MLS

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