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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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149 Elmora Ave , Elizabeth City, NJ 07202
$1,499,000
Est. Payment: $8,180.66/mo
7 Bed
5 Bath
Status: active | Days on site: 17
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Susan Maryanski
Operator

House Description

Prime mixed-use investment opportunity in the heart of Elizabeth! Located directly on vibrant Elmora Avenue, this income-producing property features 5 units total: 3 residential apartments plus 2 commercial spaces and is currently generating over $10,000 per month in gross rental income. All tenants are on month-to-month agreements, providing flexibility for the new owner.Surrounded by restaurants, banks, supermarkets, laundromats, shops, and established businesses, the property offers excellent visibility and convenience. Ideally located near Newark Liberty International Airport, major highways, and public transportation, approximately 30 minutes from Manhattan.Perfect for an investor looking to expand a portfolio or an owner-user seeking to operate a business while generating income from the remaining units. Strong cash flow, multiple income streams, excellent location, and tremendous long-term potential make 149 Elmora Ave a rare investment opportunity in Elizabeth.

Highlights

Listed by RICHARD BRITO BENJAMIN , MP RE/MAX SELECT , 973-739-8008. Garden State MLS

Property Type

Multi-Family

Year Built

1925

County

Union

Listing ID

4056978

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:4
  • ▪ 1/2 Bathrooms:2
Air Cond:Window A/C(s)
Fireplaces:
Basement:Full
Other:
  • ▪ Additional:Carbon Monoxide Detector, See Remarks, Smoke Detector, Wood Floors
Water:Public Water

Exterior Features

Lot Dimensions:30X200 IRR
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Patio, See Remarks, Composition Shingle, 2 Car Width
Sewer:Public Available, See Remarks
Parking Features:Garage Parking
Principal Interest
$8,181
Taxes
$1,248

Home Price

$1,499,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$299,800
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:
$8,180.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,180.66 $1,247.67 $0.00 $9,428.32
Yearly $98,167.90 $14,972.00 $0.00 $113,139.90
Total $2,945,036.86 $449,160.00 $0.00 $3,394,196.86

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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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: 2026-10-22T18:59:28.000Z

© 2026 Garden State MLS