Property

Elizabeth City, NJ 07206 178-180 3Rd St

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Presented By: SIGNATURE REALTY NJ; 908-994-2399
  • MLS# 3975083
  • 07/14/2025
  • Request Tour
  • Request Info
  • Beds • 9
  • Full/Half Baths • 4 / 2

Home Details

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.
Presented By: SIGNATURE REALTY NJ; 908-994-2399

Interior Features for 178-180 3Rd St

Bedrooms

Total Bedrooms9
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total1

Bathrooms

Half Baths2
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft855
Unit 2 Sq Ft855
Unit 3 Sq Ft699
Unit 4 Sq Ft699
Unit 1 Levels2
Unit 2 Levels2
Unit 3 Levels3
Unit 4 Levels3
UnitType1TotalRent999
UnitType2TotalRent999
UnitType3TotalRent999
Unit 4 Fireplaces1
Unit 4 Appl/EquipSee Remarks
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
Unit 3 Appl/EquipSee Remarks
BasementBilco-Style Door, Walkout
Fuel TypeGas-Natural

Other Rooms

Unit 4 Rooms3
Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Unit 4 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom

General for 178-180 3Rd St

Architectural Style3-Three Story
CoolingSee Remarks
CountyUnion
DirectionsJersey Garden Blvd to Veteran Memorial to 3rd St
DriveOn-Street Parking
EasementUnknown
Full Baths4
GarageOn-Street Parking
Gross Income999
Heating4+ Units
Net Operating Income999
Number Of Units Total4
Open Parking Spaces
Operating Expense999
PossessionAt Closing
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePort
Tax Annual Amount17643
Tax Assessed Value917000
Tax Lot16
Tax Year2024
Total Rooms16
Town #2904
TownshipElizabeth City
UtilitiesGas-Natural
Year Built1956
ZoningMixed Use

Exterior for 178-180 3Rd St

Exterior DescriptionBrick
Lot Dimensions37.5X100
Lot Size Acres0.09
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $799,000
MLS#3975083
List Date 07/14/2025
Property Type Multi-Family
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