For Sale
$1,250,000

325 John St Elizabeth, NJ 07202

Five-unit apartment building, excellent location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a five-unit apartment building located at 325-327 John Street, Elizabeth, New Jersey, 07202. The property, built in 1976, is a four-story brick structure situated on a 0.11-acre lot and zoned R-2. The building offers four two-bedroom units, each featuring a living room, dining area, and bathroom. A fifth unit provides two bedrooms, a studio, living room, dining area, and bathroom. The asking price is $1,250,000. A significant advantage is the presence of a rear parking lot providing six spaces for tenants. This property boasts an enviable location, offering unparalleled convenience. It's just three minutes from the Elizabeth NJ Transit station, one minute from Route 1&9, seven minutes from Newark Airport, and a ten-minute drive to The Mills at Jersey Gardens mall. This combination of solid rental income potential, convenient location, and ample parking makes this a truly compelling investment opportunity in a thriving New Jersey market. The property is currently for sale by owner.

Highlights

  • Five-unit apartment building in Elizabeth, NJ, asking $1,250,000.
  • Four-story brick building on a 0.11-acre lot, built in 1976, zoned R-2.
  • Four two-bedroom units and one two-bedroom/studio unit.
  • Six-space rear parking lot.
  • Excellent location: 3 minutes from Elizabeth NJ Transit, 1 minute from Route 1&9, 7 minutes from Newark Airport, and 10 minutes from The Mills at Jersey Gardens.

Property Details for 325 John St

Property type
Apartment buildings
Year Built
1976
Stories
4
Lot Size (sq. ft)
4,792 SF
Units
5

Location Insight

City
Elizabeth
County
Union
State
New Jersey
Latitude
40.65496595
Longitude
-74.2063317

FAQs

What type of property is this?
Apartment building - Five-unit apartment building, excellent location
Where is the apartment building located?
The property is located at 325 John St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Five-unit apartment building in Elizabeth, NJ, asking $1,250,000.; Four-story brick building on a 0.11-acre lot, built in 1976, zoned R-2.; Four two-bedroom units and one two-bedroom/studio unit.
How can I contact the broker?
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325 John St
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