ADDRESS
62 E Park Place
Morristown, NJ 07960
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$1,300,000
92 Days On Site
261 2nd StElizabeth City, NJ 07206
For Sale|Mixed Use|Active
0
Beds
0
Total Baths
6,425
SqFt
$202
/SqFt
County:
Union
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Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.
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Listing Snapshot
Price
$1,300,000
Days On Site
92 Days
Bedrooms
N/A
Inside Area (SqFt)
6,425 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
N/A
MLS® Number
3965540
Status
Active
Property Tax
$16,640
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Listing first seen on site |
General Features
Acres
0.12
Number Of Stories
2
Property Sub Type
Mixed Use
Sewer
Public Sewer
SqFt Total
6425
Utilities
Natural Gas Available
Water Source
Public
Zoning
Comm/Res
Interior Features
Basement
Full
Heating
ElectricNatural Gas
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Exterior Features
Lot Features
Corner Lot
Listing courtesy of RE/MAX NEW MILLENNIUM GROUP
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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