NJ
Union
Elizabeth City
07201
515 Jackson Ave
515 Jackson Ave, Elizabeth City, NJ 07201
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Listing Type
Commercial/Industrial
Listing Status
Active
2
$850,000

Home Details for 515 Jackson Ave

Price
$850,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1914
Lot size acres
0.07
County
Union
Garage
Basement
Full
Days on site
4
MLS Listing#
4000462
Property Description

Prime mixed-use opportunity on vibrant Elizabeth Avenue! This mixed-use building includes a popular, income-producing bar/lounge (commercial rent: $3,700/month; business not included) and two rental units. The ground floor features a fully equipped bar/restaurant, ideal for continued commercial use or a variety of business operations. Above are two spacious 3-bedroom residential units generating steady income (Unit 1: $1,300/month; Unit 2: $1,400/month). Both residential tenants are month-to-month, offering the opportunity to increase rents; market rent for the second-floor unit, once renovated, is over $2,000/month. The property also includes a full basement with ample storage or expansion potential. Located in a high-traffic business district near shops, public transportation, and major highways, this asset is ideal for investors or owner-occupants seeking strong returns. Don?t miss this rare chance to own a dynamic, income-producing building in one of Elizabeth?s busiest commercial corridors.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Full
Listing Courtesy: KELLER WILLIAMS CITY VIEWS REALTY - 201-592-8900
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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