552 Elizabeth Avenue Unit 554, Elizabeth, NJ 07206 | MLS 2512042R | Listing Information | Anil Aggarwal Realtor who sells fast prompt in New Jersey | Vylla Home Skip to main content
SOLD
$600,000
Date 05/15/2025

552 Elizabeth Avenue Unit 554
Elizabeth, NJ 07206

Other
Commercial
5,550
Sq. Ft.
0.0861
Acre Lot
Courtesy: EXP REALTY, LLC
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Value-Add Mixed-Use Opportunity in Red-Hot Elizabethport! 552-554 Elizabeth Ave offers stable income today with huge upside for tomorrow. This mixed-use building features 2 spacious 2-bed/1-bath units, 1 non-conforming 1-bed unit, and a commercial space currently used as an auto repair shop. Long-term tenants mean under-market rents, leaving room for increased cash flow. Property presents a rare chance for potential redevelopment into a higher-density multi-unit mixed-use property (buyer to verify). With over 30 years under one owner, this is the kind of investment that doesn't come around often, ideal for investors or developers looking to capitalize on the area's explosive growth. Sold as-is. Buyer is responsible for due diligence.
2512042R
Commercial - Other, 2 Story
1964
Union
0.0861 Acres
Public Water
2
Block
Public Sewer
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Courtesy: EXP REALTY, LLC
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