1038 Elizabeth Ave, Elizabeth City NJ 07201-2546

Property City
Elizabeth City
Property Price
$1,200,000
Year Built
1928
Tax Annual Amount
$11708
TaxYear (*text)
2025
Roof (*text)
Flat
Floors No
Concrete, Tile, Wood
Lot Size Area
0.06
MLS Status
Active
MLS #
4045821

Rare opportunity to acquire an income-producing mixed-use commercial property, established automotive business, residential rental, and static billboard advertising at 1038 Elizabeth Avenue in Elizabeth, NJ. Positioned on a highly visible corner along a busy commercial corridor, this unique offering provides multiple potential revenue streams within one asset. The ground-floor automotive facility is equipped with five vehicle lifts, service/work areas, office space, and a half bath, offering an excellent opportunity for an owner-operator or investor. The upper level features a spacious 3-bedroom residential apartment with a full bath, kitchen, and living area, providing additional rental income. Static billboard advertising adds another potential source of revenue while capitalizing on the property's strong street exposure and visibility. Approximately 2,800 SF, this mixed-use asset offers flexibility for continued operations, investment, or owner occupancy. Conveniently located near major highways, Newark Liberty International Airport, Port Newark-Elizabeth, shopping, transportation, and surrounding businesses. A unique opportunity to own the real estate while benefiting from commercial, residential, and advertising income potential. Buyer to verify all uses, income, zoning, billboard rights/permits, and property information.

Yearly Tax Rate
2.017
Year Built (*numeric)
1928
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
See Remarks
GarageSpaces
8
Heating
1 Unit
Lot Size Dimensions
30X90
Property Location

40.66099, -74.20888

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762