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7 Beds
6 Baths

$1,499,000

149 Elmora Ave, Elizabeth City NJ, 07202

Built in1925
Property typeMulti-family

Overview

Active

Listed Oct 5, 2026

Updated 2 days ago

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.

$9,973/mo

Est. mortgage payment based on a $1,499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4056978

Interior Features

Bedrooms
7
Bathrooms
6
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$14,972
Tax Frequency
Annually
55+/Senior Community
No

Also listed on MLS / NJMLS

Courtesy of RE/MAX SELECT with RICHARD BRITO BENJAMIN,
Listing Contact: 9737398008 

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