50 5th St
Elizabeth City, NJ 07206
Price: $750,000
GSMLS: 3955613Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $8,194
Description
Exceptional Mixed-use Property Offering Incredible Rental Income Potential. The Ground Floor Features A High-visibility Storefront, Ideal For Retail Or Office Use, While The Upper Levels Include Fully Updated Residential Apartments With Strong Tenant Appeal. A Bonus Unit Adds Even More Flexibility Use It As An Additional Income Stream, In-law Suite, Or Home Office. All Units Are Well-maintained And Tenant-ready, Making This A Turnkey Investment Opportunity. Whether You're Building Your Portfolio Or Seeking A Live/work Setup, This Property Generates Consistent Cash Flow In A Prime Location Close To Major Transportation, Shopping, And Commuter Routes. A Smart, Income-producing Asset With Long-term Upside.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Full
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding, Brick
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$750,000
Tax Amount:
$8,194
Land Assessment:
$142,500
Build. Assessment:
$283,400
Total Assessment:
$425,900
Tax Rate:
1.92
Tax Year:
2024
Listing Information
MLS ID:
3955613
List Date:
04-08-2025
Days On Market:
16
Listing Broker:
KELLER WILLIAMS METROPOLITAN
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
