261-263 2nd Street, Elizabeth, NJ 07206

$899,000
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Active Price Reduced $100,000 on April 14th, 2026
BEDS0 BATHS MLS#25018224
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.

261-263 2nd Street | MLS# 25018224

This multi-family property located at 261-263 2nd Street, Elizabeth, NJ 07206 is currently listed for sale with an asking price of $899,000. Search Elizabeth real estate on cobrien.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Roof Type: Asphalt
Taxes: $16,640

Feature Descriptions

Days on Site: 324
Property Utilities: Gas, Munincipal WATER, Sewer

Listed By / Shown By

Listing By

Agency Name: RE/MAX New Millennium Group
Agency Phone: 908-282-1234

Shown By

Agent Name: Catherine O'Brien, Lic. RE Salesperson
Agent Phone: Cell: (914) 329-9834
Agency Title: Joyce Realty

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Estimated Payment

$ 3,649.66 per month $2,000.78 Principal & Interest $1,386.67 Property Tax $262.21 Homeowner's Insurance

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