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Niraj Parikh

parikhrealty@gmail.com +1(848) 565-5006

$565,000

Est. payment - /mo

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4019690

Annual Tax Amount $17,572

Tax Year 2025

Property Sub-Type Mixed Use

Property Description

Great opportunity to own a mixed-use commercial building in an up-and-coming area with strong value-add potential. Property requires renovation, making it ideal for investors or owner-users looking to customize and maximize returns. Currently configured with two residential apartments on the Magnolia Ave side each offering 2 bedrooms and a restaurant on the Trumbull St side with seating for approximately 75 guests. The building spans both Magnolia Ave and Trumbull St, providing multiple access points. Suitable for a variety of uses, including retail, office, restaurant, or redevelopment (buyer to verify permitted uses). Property is being sold strictly as-is.

Location

State NJ

County Union

Zoning commercial

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling 1 Unit, Central Air

Flooring Laminate, Tile

Equipment Fixtures, Furniture, Refrigeration Unit, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground

Roof Type Flat, Rubberized

Building

Story 2

Sewer Public Available

Water Public Water

Others

Ownership Fee Simple

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Listed by KELLER WILLIAMS METROPOLITAN

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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645 Magnolia Ave Elizabeth City, NJ 07206