416 S 5th St

Elizabeth City, NJ 07206


 

Price: $1,200,000

GSMLS:  4032760
Type: Multi-Family
Style: 2-Two Story
Total Units: 3
Beds: 5
Baths: 2 Full & 1 Half
Garage: No
Year Built: 1954
Acres: 0.06
Property Tax: $12,811
Description
Excellent mixed-use investment opportunity in the heart of Elizabeth. This property features a first-floor commercial storefront plus two residential apartments on the second floor: one 2-bedroom unit and one 3-bedroom unit. The commercial space offers street-level visibility, making it ideal for a variety of professional or retail uses, subject to municipal approvals. The residential units provide strong rental potential, with practical layouts and comfortable living spaces. Located at 416 S 5th St, this property offers convenient access to local shops, transportation, major roadways, and nearby amenities. A great option for investors, owner-users, or buyers looking to combine business and rental income in one property. Buyer is responsible for all due diligence regarding permitted use, zoning, and municipal requirements.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
No
Interior:
Carbon Monoxide Detector, Smoke Detector
Roof:
Rubberized
Exterior:
Brick
Lot Size:
25X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
2
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
9
Appliances:
Carbon Monoxide Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Den, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Baseboard - Hotwater, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
1 Unit, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
Mattano Park
Financial Considerations
List Price:
$1,200,000
Tax Amount:
$12,811
Land Assessment:
$152,500
Build. Assessment:
$482,700
Total Assessment:
$635,200
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4032760
List Date:
06-03-2026
Days On Market:
3
Listing Broker:
COLDWELL BANKER LIBERTY
Listing Agent:
Marianna L. Pereira
 

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RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox