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109 Orchard St
Elizabeth, NJ 07208
Multifamily Property For Sale · 4 Units

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Investment Highlights

  • Located on a desirable R-3A mixed-use lot, allowing multi-family use with potential mixed-use flexibility (buyer to verify)
  • Situated in the heart of Elizabeth near parks, schools, shopping, major highways, and public transportation to NYC.
  • Four-family building with 9 bedrooms, 4 full baths, and two vacant units, offering immediate value-add opportunity.

Executive Summary

Distinguished 4-family residence in the heart of Elizabeth, offering scale, flexibility, and long-term potential. Featuring a total of 9 bedrooms and 4 full bathrooms, and zoned for mixed use. The property is presently operated as a 4-unit residential building, with potential to revert to mixed-use pending review and approval by the Township of Elizabeth. This property presents a compelling opportunity for investors and owner-occupants seeking to add value. There are 2 vacant units. Generous layouts, high ceilings, and abundant natural light provide a strong foundation that preserves the classic architectural character. Situated on a desirable R-3A mixed-use lot in one of Union County's most established neighborhoods, the property benefits from proximity to parks, schools, shopping, dining, and essential services. Commuters enjoy convenient access to major highways, public transportation, and routes to New York City. Whether envisioned as an owner-occupied residence with supplemental income or a strategically positioned investment, this property offers versatility, location, and upside for buyers focused on long-term growth.

Property Facts

Price Per Unit $333,784 CAD
Sale Type Investment
Cap Rate 7%
Gross Rent Multiplier 10.35
No. Units 4
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
Building Size 3,196 SF
Average Occupancy 50%
No. Stories 3
Year Built 1940
Zoning R-3A - R-3A Multi-Family. 4-unit income property with potential mixed-use opportunity (buyer to verify).

Property Taxes

Property Taxes

Parcel Number
04-00013-0000-01012
Land Assessment
$190,616 CAD
Improvements Assessment
$549,939 CAD
Total Assessment
$740,555 CAD
  • Listing ID: 39557173

  • Date on Market: 2026-02-24

  • Last Updated:

  • Address: 109 Orchard St, Elizabeth, NJ 07208

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