Commercial Real Estate in New Jersey available for sale
1031 Exchange Properties For Sale

1031 Exchange Properties for Sale in New Jersey, USA

More details for 62 4th St, Elizabeth, NJ - Retail for Sale

62 4th St

Elizabeth, NJ 07206

  • 1031 Exchange Property
  • Retail for Sale
  • $1,097,168 CAD
  • 5,500 SF

Elizabeth Retail for Sale - Parkway Cranford Corridor

?? VALUE-ADD MIXED-USE CORNER PROPERTY | MOTIVATED SELLER ?? Excellent corner mixed-use investment located at the high-visibility intersection of Franklin St & 4th St. Strong in-place income with upside potential. INCOME BREAKDOWN First Floor – Commercial • Nail Salon: $2,800/mo (central AC – long-term use) • Juice Bar: $1,500/mo (currently vacant – immediate upside) • Warehouse: $1,500/mo (currently rented) Second Floor – Residential • 2 Apartments: $3,000/mo total (window AC) CURRENT INCOME: $7,300/month PROJECTED INCOME: $8,500/month+ after leasing vacancy ADDITIONAL VALUE • Large attic with good ceiling height – potential for additional unit(s) or expansion (buyer to verify) • Corner lot with excellent exposure • Lot size: 50 x 100 • Annual property tax: approx. $24,000 after tax reduce become $15000 • Easy street parking • Ideal for investors or owner-users SELLER IS HIGHLY MOTIVATED – PRICED TO MOVE Perfect for investors seeking stable cash flow + value-add opportunity. Let me know if you’d like financials, photos, or a private showing.

Contact:

Realty Mark Central

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-04-11
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United States 1031 Exchange Properties New Jersey