1038 Elizabeth Ave, Elizabeth City, NJ 07201
- $1,200,000
- List Price
- $1,200,000
- Days on Market
- 2
- Status
- ACTIVE
- MLS#
- 4045821
- Lot Size (Acres)
- 0.06
- Year Built
- 1928
Property Description
Rare opportunity to acquire an income-producing mixed-use commercial property, established automotive business, residential rental, and static billboard advertising at 1038 Elizabeth Avenue in Elizabeth, NJ. Positioned on a highly visible corner along a busy commercial corridor, this unique offering provides multiple potential revenue streams within one asset. The ground-floor automotive facility is equipped with five vehicle lifts, service/work areas, office space, and a half bath, offering an excellent opportunity for an owner-operator or investor. The upper level features a spacious 3-bedroom residential apartment with a full bath, kitchen, and living area, providing additional rental income. Static billboard advertising adds another potential source of revenue while capitalizing on the property's strong street exposure and visibility. Approximately 2,800 SF, this mixed-use asset offers flexibility for continued operations, investment, or owner occupancy. Conveniently located near major highways, Newark Liberty International Airport, Port Newark-Elizabeth, shopping, transportation, and surrounding businesses. A unique opportunity to own the real estate while benefiting from commercial, residential, and advertising income potential. Buyer to verify all uses, income, zoning, billboard rights/permits, and property information.
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Additional Information
- Area
- Elizabeth City
- Subdivision
- Elizabeth Avenue
- Basement Desc
- Bilco-Style Door, Walkout
- Utilities
- Gas-Natural
- Taxes
- $11,708
- Subdivision
- Elizabeth Avenue
- Exterior
- Brick/Block
- Water
- Public Water
- Basement
- Yes
- Cooling
- See Remarks
- Roof
- Flat
- Show Address
- Yes
Mortgage Calculator
Listing Courtesy Of BHGRE ELITE, Contact: 908-316-8530
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