Closed$1,300,000
About this home
Calling all investors- don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation. Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and commercial tenants value. Combining strong cash flow, a prime location, and a fully occupied mixed-use configuration, this is a standout investment opportunity for any portfolio. Opportunities like this don't come around oftendon't
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $9,040
- Utilities
- $519
- Transportation
- $157
- Other (entertainment)
- $143
Quick facts
Home features
Lot features
Corner Lot
Neighborhood — 07206
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 23,052 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 6.00% | 14.00% | 20.00% |
| Population Density | 14,496 | 1,137 | — |
| Male | 11,404 | 4,307,827 | 147,432,321 |
| Female | 11,647 | 4,525,010 | 151,655,844 |
| Never Married | 6,548 | 1,965,811 | 63,775,926 |
| Married | 5,908 | 3,647,435 | 123,120,365 |
| Separated | 2,232 | 391,239 | 12,639,686 |
| Widowed | 925 | 515,172 | 15,467,586 |
| Divorced | 1,257 | 529,393 | 23,075,029 |
| Number Of House Hold | 6,764 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.38 | 2.73 | 2.60 |
| Medial Age | 27.88 | 37.15 | 35.46 |
| Median House Hold Income | $34,216 | $63,392 | $48,276 |
| Average House Hold Income | $45,163 | $83,312 | $63,629 |
| P C I | $13,406 | $30,662 | $24,529 |
| M D I | $30,232 | $52,505 | $41,133 |
| A T H E | $40,839 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 75.47% | 81.02% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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ClosedListing information last refreshed 8/5/2026. Provided courtesy of KELLER WILLIAMS WEST MONMOUTH via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.