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1166 E Jersey Street

ELIZABETH, NJ 07201
  • $1,500,000
  • STATUS: Active
  • ON SITE: 142 Days
  • ID#: NJUN2000012
UPDATED: 38 min ago
$1,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

School District:

Description

Want a turn key investment? This is your opportunity to be the landlord who sits back and have income flow in! Two commercial tenants one with a five years lease till Dec 2024, other on Mon to Mon. Two residential units each with over 2,200 SF, both on Month to Month as well. The building is sitting right in business center, heavy commercial zone. Long term tenants mean steady income! Apartment units feature in granite countertop, new laminated flooring installed in 2018. New sprinkler system installed under city's instruction. Residential units showings are limited: 2nd floor only Tuesday 11am to 8pm and Thursday 11am to 8pm. 3rd floor Sunday to Wed 12 noon to 3pm; Thursday to Saturday 10 am to 11am.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lee Tessier Team | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T15:52:50.117.
www.marylandrealestatesearch.com/homes/119202696
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1166 E Jersey Street ELIZABETH, NJ 07201

  • Price: $1,500,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 38 min ago
  • ID#: NJUN2000012
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Elizabeth City (22004)
County:
Union
Area:
Elizabeth City (22004)
School District:
Elizabeth Public Schools
Property Description
Want a turn key investment? This is your opportunity to be the landlord who sits back and have income flow in! Two commercial tenants one with a five years lease till Dec 2024, other on Mon to Mon. Two residential units each with over 2,200 SF, both on Month to Month as well. The building is sitting right in business center, heavy commercial zone. Long term tenants mean steady income! Apartment units feature in granite countertop, new laminated flooring installed in 2018. New sprinkler system installed under city's instruction. Residential units showings are limited: 2nd floor only Tuesday 11am to 8pm and Thursday 11am to 8pm. 3rd floor Sunday to Wed 12 noon to 3pm; Thursday to Saturday 10 am to 11am.
Exterior Features

Construction Materials BrickConcrete Garage YN No Parking Types On Street Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8976.00 Cooling Window Unit(S) Heating Baseboard - Hot Water Heating YN Yes Inclusions Anything Not Purchased By Tenants Net Square Feet 8976.00

Property Features

Acceptable Financing CashConventionalFha Accessibility Features 2+ Access Exits Annual Gross Expense 30000.00 Assessment Year 2020 Association YN No Business Type Restaurant/BarOther/General Retail Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality Elizabeth City Navigable Water YN N Net Operating Income 79200.00 New Construction YN No Number Of Units Total 0 Operating Expense 30000.00 Operating Expense Includes InsuranceElectricRepair/MaintenanceTrashWaterSewer Original MLSNumber 800845079926 Owner Pays ElectricityInsuranceWaterTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 27479.00 Tax Assessment Amount 90800.00 Tax Lot 00447 Vacation Rental YN No Water Source Public Zoning C-5 Zoning Description Commercial

Listing courtesy of Exp Realty, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lee Tessier Team | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T15:52:50.117.
 
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Lee Tessier Team | eXp Realty
2225 Old Emmorton Rd Suite 207
Bel Air MD, 21015