ADDRESS
62 E Park Place
Morristown, NJ 07960
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Prime Mixed-Use 4-Unit Property for Sale " Central Elizabeth, NJ. Discover an exceptional investment opportunity with this fully renovated mixed-use 4-unit property, centrally located in the heart of Elizabeth, NJ. Perfectly blending commercial and residential income potential, this well-maintained property was updated in 2022 and is ready for its next owner. Don't miss out on this income-producing gem in a high-demand area! Commercial Unit (Ground Floor): A thriving grocery store with strong visibility, ideal for continued operation or new business ventures. Residential Units: Two 3-Bedroom Units: Spacious apartments, each featuring 3 bedrooms, 1 full bathroom, a modern kitchen, and a comfortable living room. Perfect for maximizing rental income. One 1-Bedroom Unit: Located behind the grocery store, this unit will be delivered vacant at closing, offering flexibility for owner occupancy or immediate leasing. Centrally located in vibrant Elizabeth, NJ, with easy access to public transportation, shopping, dining, and major highways, making it highly desirable for both commercial and residential tenants. Perfect for investors seeking a turnkey property with immediate cash flow. Seize this incredible investment opportunity! Seller is looking for a quick closing.
yesterday | Listing updated with changes from the MLS® | |
a month ago | Status changed to Pending | |
3 months ago | Listing first seen on site |
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