ADDRESS
62 E Park Place
Morristown, NJ 07960
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$799,000
41 Days On Site
178-180 3Rd StElizabeth City, NJ 07206
For Sale|Multi Family|Pending
9
Beds
6
Total Baths
4
Full Baths
2
Partial Baths
3,108
SqFt
$257
/SqFt
1956
Built
Subdivision:
Port
County:
Union
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973-349-0459
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Incredible investment opportunity in the heart of the Port of Elizabeth! This mixed-use / commercial property offers 5 total units, including a spacious 3,500+ sq ft commercial storefront and four residential apartments ranging from 2 to 3 bedrooms. The building is fully vacant and ready for renovation, making it a perfect value-add project for investors looking to generate strong cash flow. The roof is only 7 years old, providing a solid foundation for future upgrades. With three levels of income potential and a prime location near major transportation and commercial hubs, this property is ideal for retail or office. Don't miss out on this rare opportunity to transform a sizable mixed-use asset in one of Elizabeth's fastest-growing areas.
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Listing Snapshot
Price
$799,000
Days On Site
41 Days
Bedrooms
9
Inside Area (SqFt)
3,108 sqft
Total Baths
6
Full Baths
4
Partial Baths
2
Lot Size
0.09 Acres
Year Built
1956
MLS® Number
3975083
Status
Pending
Property Tax
$17,643
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Pending | |
| a month ago | Listing first seen on site |
General Features
Acres
0.09
Number Of Stories
3
Parking
On Street
Property Sub Type
Multi Family
Sewer
Public Sewer
Style
3-Three Story
Utilities
Natural Gas Available
Water Source
Public
Zoning
Mixed Use
Interior Features
Basement
Walk-Out Access
Heating
Natural Gas
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Exterior Features
Construction Details
Brick
Listing courtesy of SIGNATURE REALTY NJ
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
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