For Sale
$888,000

60 4Th St Elizabethport, NJ 07206

High-Income Potential, Prime Location

Overview

Added:
Feb 3
Days on market:
84
This exceptional mixed-use property, located at 60 4th Street, Unit 4TH, Elizabethport, NJ, presents a lucrative investment opportunity. Situated on a 0.11-acre lot (50 x 100 feet), this 5,000 square foot building boasts a prime corner location at the intersection of Franklin and 4th Streets, ensuring high visibility and accessibility. The property currently generates an estimated $9,100 in monthly income, derived from a diverse range of tenants. The first floor comprises a thriving nail salon ($2,800/month), a juice bar ($1,600/month), and a warehouse space ($1,700/month). The second floor features two apartments, collectively contributing $3,000 per month to the rental income. The nail salon is equipped with central air conditioning, while the apartments utilize window units. Convenient street parking is readily available for tenants and patrons. The property's annual tax assessment is $15,300. The seller is highly motivated to sell, making this an attractive proposition for discerning investors seeking a strong return on investment in a desirable location. This is a rare opportunity to acquire a well-established, income-generating property with significant upside potential.

Property Details for 60 4Th St

Property type
Commercial real estate
Square Feet
5,000 SF
Year Built
1910
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Elizabethport
County
Union
State
New Jersey
Latitude
40.65323
Longitude
-74.19473

FAQs

What type of property is this?
Commercial real estate - High-Income Potential, Prime Location
Where is the commercial real estate located?
The property is located at 60 4Th St Elizabethport, NJ.
What is the asking price?
The asking price for this property is $888,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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60 4Th St
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