$1,500,000

267 2nd, Elizabeth, NJ 07206

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Investment opportunity in one of Elizabeth's fastest-growing neighborhoods. Featuring four residential apartments and two street-level commercial spaces, this property combines reliable rental income with long-term upside in a revitalizing area near the waterfront and major transit lines. Four 2-bedroom, 1-bath residential units all leased, with two recently renovated. Two commercial storefronts: One fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. Exclusive driveway and plenty of on-site parking, a rare find in the area. Separate entrances for residential and commercial tenants. Whether you're an investor seeking a cash-flowing asset or a business owner looking to operate in a high-foot-traffic area with built-in rental income, this property delivers. Surrounded by ongoing redevelopment and just minutes from the Elizabethport waterfront, this is a rare chance to stake your claim in a rising market.

Listing Status:
Active
Date Added:
July 17, 2025 at 05:00AM
Listing Office:
RE/MAX New Millennium Group : 908-282-1234
Listing Agent:
Joao Pereira : (908) 451-9230
MLS ID:
25025334
  • Roofing: Flat

This listing courtesy of Joao Pereira, RE/MAX New Millennium Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Benjamin Franklin School #13

248 Ripley Pl, Elizabethport, NJ, 07206

Grades PK-8

0.16 miles away

B

Benjamin Franklin School #13

248 Ripley Pl, Elizabethport, NJ, 07206

Grades PK-8

0.16 miles away

J

J. Christian Bollwage Finance Academy

447 Richmond St, Elizabeth, NJ, 07202

Grades 9-12

1.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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