3,750 sqft

$1,500,000

136 Park Pl, Elizabeth City NJ, 07206

Price per sqft$400.00

Built in1920

Property size3,750 sqft

Property typeCommercial

Overview

Active

Listed Jun 17, 2026

Updated Jul 12

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 market

Other Property Details

Taxes: $16,095
Tax Frequency: Annually
Garage: Yes

Courtesy of UNITED REAL ESTATE with ALBERTO DOMENECH,
Listing Contact: 8885016953

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