$1,500,000
Est. payment /mo
3,750 SqFt
New
136 Park Pl Elizabeth City, NJ 07206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $400
MLS Listing ID 4035246
Year Built 1920
Annual Tax Amount $16,095
Tax Year 2025
Lot Size 7,405 Sqft
Property Description
Here's an MLS-style marketing description you can use and adjust once you have the exact unit mix and rents:Excellent investment opportunity in the heart of Elizabeth! This well-maintained 9-unit multifamily property sits on an oversized 75' x 100' lot and offers ample on-site parking, a rare feature for the area.The building features separate utilities for each unit, including individual boilers, providing efficient management and reduced owner expenses. Ideal for investors seeking strong cash flow and long-term appreciation potential.Conveniently located near major highways, public transportation, shopping, schools, Newark Liberty International Airport, and downtown Elizabeth. Large lot size may offer future development or expansion potential; buyers should conduct their own due diligence.Don't miss this opportunity to acquire a sizable income-producing asset in one of Union County's most active rental markets.For a more aggressive investor-focused version, I can also write one emphasizing **cap rate, cash flow, and value-add potential**.
Location
State NJ
County Union
Zoning r-3a
Interior
Heating Electric, Gas-Natural
Cooling No Cool
Equipment Smoke Detector
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Concrete
Utilities Available Gas-Natural
Roof Type Built-Up
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by UNITED REAL ESTATE
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