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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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1131 1133 Elizabeth Ave , Elizabeth City, NJ 07201
$850,000
Est. Payment: $4,325.83/mo
0 Bed
0 Bath
0 Sqft
Status: pending | Days on site: 210
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

LOOKING FOR A PROPERTY THAT CHECKS THE "LOCATION VISIBILITY, AND INCOME POTENTIAL" BOXES ALL AT ONCE? THIS MIXED-USE BUILDING ON BUSTLING ELIZABETH AVE IN ELIZABETH, NJ IS EXACTLY THAT. WITH TWO STOREFRONTS ON THE FIRST FLOOR AND TWO APARTMENTS UPSTAIRS, IT'S A FLEXIBLE INVESTMENT THAT PUTS YOU RIGHT IN THE CENTER OF NONSTOP FOOT AND VEHICLE TRAFFIC. YES, THE BUILDING NEED SOME TLC, BUT THE BIG-TICKET ITEMS ARE ALREADY HANDLED NEWER ROOF, NEARLY NEW WATER HEATERS. SEPARATE UTILITIES (WITH THE EXCEPTION OF THE HEAT BETWEEN THE STORES) THAT MEANS YOU CAN FOCUS ON THE UPDATES THAT BOOST VALUE INSTEAD OF THE COSTLY REPAIRS NO ONE LIKES TO TALK ABOUT. ON THE FIRST FLOOR, YOU'LL FIND HIGH-VISIBILITY COMMERCIAL SPACES PERFECT FOR RETAIL, SERVICE BUSINESSES, OR FUTURE TENANTS WITH BIG IDEAS. UPSTAIRS ARE TWO RESIDENTIAL UNITS, BOTH ON MONTH TO MONTH LEASES, GIVING INVESTORS THE FLEXIBILITY TO RAISE RENTS, RENOVATE, OR REPOSITION BASED ON THEIR STRATEGY. IF YOU'RE AN INVESTOR LOOKING FOR A PROPERTY WITH STRONG UPSIDE, GREAT EXPOSURE, AND BUILT-IN INCOME FROM DAY ONE-THIS IS THE OPPORTUNITY. REPAIRS DONE BTW 2022-2024 HEATING, WATER HEATERS, ROOFS, ELECTRICAL CIRCUITS, AND OTHER COSMETICS REPAIRS.
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Highlights

Listed by JAYCE LOPEZ , MP RE/MAX NEW MILLENNIUM GROUP , 908-282-1234. Garden State MLS

Property Type

Commercial Sale
Lot/Acreage
0.07

County

Union

Listing ID

4000380

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:See Remarks
Fireplaces:
Floor:Laminate
Basement:Full
Other:Public Water, See Remarks

Exterior Features

Lot Dimensions:35.69X79.64
Zoning:COMMERCIAL
Roof:Flat
Others:Brick/Block
Sewer:Public Sewer
Parking Features:Off-Street Parking
Principal Interest
$4,326
Taxes
$1,381

Home Price

$850,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,325.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,325.83 $1,380.83 $0.00 $5,706.66
Yearly $51,909.92 $16,570.00 $0.00 $68,479.92
Total $1,557,297.54 $497,100.00 $0.00 $2,054,397.54

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Elizabeth City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-22T03:03:36.000Z

© 2026 Garden State MLS